ARDC

Are Dynamic Credit Allocation Fund
ARDC

Overview Fund Activity

28 hedge funds and large institutions have $50.9M invested in Are Dynamic Credit Allocation Fund in 2014 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 4 closing their positions.

Holders
28
Holders Change
+3
Holders Change %
+12%
% of All Funds
0.81%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
7
Increased
10
Reduced
10
Closed
4
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
NIMC
1
NWQ Investment Management Company
California
$3.84M
2
Morgan Stanley
2
Morgan Stanley
New York
$3.61M
3
MIG
3
Mariner Investment Group
New York
$6.99M
4
1832 Asset Management
4
1832 Asset Management
Ontario, Canada
$1.84M
5
PPA
5
Parametric Portfolio Associates
Washington
$1.33M

Top Sellers

1
GC
1
Guggenheim Capital
Illinois
$1.89M
2
U
2
UBS
Switzerland
$11M
3
TC
3
TFS Capital
Pennsylvania
$414K
4
HCA
4
Harbour Capital Advisors
Virginia
$0
5
BNP Paribas Financial Markets
5
BNP Paribas Financial Markets
France
$1.24M
Name Market Value Shares Shares
Change 		Shares
Change %
U
1
UBS
Switzerland
$11M 603,098 -21,782 -3%
MIG
2
Mariner Investment Group
New York
$6.99M 384,086 +73,692 +24%
TAM
3
Third Avenue Management
New York
$6.11M 335,357 +6,354 +2%
NIMC
4
NWQ Investment Management Company
California
$3.84M 210,705 +210,705 New
Morgan Stanley
5
Morgan Stanley
New York
$3.61M 198,343 +108,135 +120%
Invesco
6
Invesco
Georgia
$2.29M 125,764 +35,252 +39%
SFS
7
Shaker Financial Services
Virginia
$2.26M 123,912 -8,197 -6%
GC
8
Guggenheim Capital
Illinois
$1.89M 104,020 -25,090 -19%
1832 Asset Management
9
1832 Asset Management
Ontario, Canada
$1.84M 100,850 +49,885 +98%
Bank of America
10
Bank of America
North Carolina
$1.52M 83,397 -5,950 -7%
PPA
11
Parametric Portfolio Associates
Washington
$1.33M 73,253 +48,885 +201%
RCM
12
Robinson Capital Management
Michigan
$1.29M 73,111 +36,903 +102%
First Trust Advisors
13
First Trust Advisors
Illinois
$1.27M 69,730 +3,006 +5%
BNP Paribas Financial Markets
14
BNP Paribas Financial Markets
France
$1.24M 67,946 -11,820 -15%
WAM
15
Wolverine Asset Management
Illinois
$1.06M 58,138 +10,277 +21%
ADBIC
16
A.D. Beadell Investment Counsel
Wisconsin
$905K 49,711 -6,940 -12%
KSCM
17
Kamunting Street Capital Management
Florida
$520K 28,538 +28,538 New
Barclays
18
Barclays
United Kingdom
$492K 27,338 -2,166 -7%
TC
19
TFS Capital
Pennsylvania
$414K 22,739 -20,216 -47%
Wells Fargo
20
Wells Fargo
California
$287K 15,714 -9,497 -38%
AQR Capital Management
21
AQR Capital Management
Connecticut
$194K 10,670 +10,670 New
Citadel Advisors
22
Citadel Advisors
Florida
$190K 10,415 +10,415 New
AC
23
Alleghany Corporation
New York
$174K 8,865 – –
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$96K 5,263 +54 +1%
Ameriprise
25
Ameriprise
Minnesota
$40K 2,205 -4,445 -67%
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