ARDC

Are Dynamic Credit Allocation Fund
ARDC

Overview Fund Activity

25 hedge funds and large institutions have $41.8M invested in Are Dynamic Credit Allocation Fund in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 15 increasing their positions, 4 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed
Holders
25
Holders Change
–
Holders Change %
0%
% of All Funds
0.72%
Holding in Top 10
–
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
–
New
4
Increased
15
Reduced
4
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
U
UBS
Switzerland
$11.3M
2
MIG
Mariner Investment Group
New York
$5.62M
3
TC
TFS Capital
Pennsylvania
$778K
4
RCM
Robinson Capital Management
Michigan
$656K
5
PPA
Parametric Portfolio Associates
Washington
$442K

Top Sellers

1
BI
BlueSpruce Investments
Illinois
$0
2
RCM
Rivernorth Capital Management
Florida
$0
3
PP
Paloma Partners
Connecticut
$0
4
BNP Paribas Financial Markets
BNP Paribas Financial Markets
France
$1.46M
5
GC
Guggenheim Capital
Illinois
$2.34M
Name Holding Trade Value Shares
Change 		Shares
Change %
U
1
UBS
Switzerland
$11.3M +$5.03M +277,552 +80%
TAM
2
Third Avenue Management
New York
$5.96M +$111K +6,128 +2%
MIG
3
Mariner Investment Group
New York
$5.62M +$1.7M +93,597 +43%
SFS
4
Shaker Financial Services
Virginia
$2.39M +$152K +8,413 +7%
GC
5
Guggenheim Capital
Illinois
$2.34M -$164K -9,053 -7%
Invesco
6
Invesco
Georgia
$1.64M +$97.3K +5,368 +6%
Morgan Stanley
7
Morgan Stanley
New York
$1.64M +$266K +14,668 +19%
Bank of America
8
Bank of America
North Carolina
$1.62M +$27.1K +1,498 +2%
BNP Paribas Financial Markets
9
BNP Paribas Financial Markets
France
$1.46M -$189K -10,350 -11%
First Trust Advisors
10
First Trust Advisors
Illinois
$1.21M +$132K +7,270 +12%
ADBIC
11
A.D. Beadell Investment Counsel
Wisconsin
$1.03M +$54.5K +3,010 +6%
1832 Asset Management
12
1832 Asset Management
Ontario, Canada
$925K +$17.5K +965 +2%
WAM
13
Wolverine Asset Management
Illinois
$867K +$323K +17,840 +59%
TC
14
TFS Capital
Pennsylvania
$778K +$778K +42,955 New
RCM
15
Robinson Capital Management
Michigan
$656K +$656K +36,208 New
Barclays
16
Barclays
United Kingdom
$530K +$122K +6,793 +30%
Wells Fargo
17
Wells Fargo
California
$457K +$3.19K +176 +0.7%
PPA
18
Parametric Portfolio Associates
Washington
$442K +$442K +24,368 New
HCA
19
Harbour Capital Advisors
Virginia
$245K – – –
LPL Financial
20
LPL Financial
California
$195K -$11.2K -620 -5%
AC
21
Alleghany Corporation
New York
$174K – – –
Ameriprise
22
Ameriprise
Minnesota
$120K +$120K +6,650 New
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$95K +$49.4K +2,709 +108%
PNC Financial Services Group
24
PNC Financial Services Group
Pennsylvania
$38K +$19.9K +1,100 +110%
TRCT
25
Tower Research Capital (TRC)
New York
$2K -$2K -100 -50%
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