Are Dynamic Credit Allocation Fund
ARDC
29 hedge funds and large institutions have $77.3M invested in Are Dynamic Credit Allocation Fund in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 5 reducing their positions, and 13 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 5
8% more capital invested
Capital invested by funds: $71.4M → $77.3M (+$5.91M)
1.41% more ownership
Funds ownership: 26.31% → 27.72% (+1.4%)
19% less funds holding
Funds holding: 36 → 29 (-7)
54% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
+$2.68M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.4M |
| 3 |
Cohen & Steers
New York
|
+$1.77M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.48M |
| 5 |
FFA
First Foundation Advisors
Irvine,
California
|
+$1.3M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
-$4.82M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$1.43M |
| 3 |
AQR Capital Management
Greenwich,
Connecticut
|
-$1.17M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$940K |
| 5 |
SG Americas Securities
New York
|
-$577K |
ARDC Hedge Fund Activity: Q1 2015 in Review
29 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Are Dynamic Credit Allocation Fund (ARDC) for Q1 2015, worth a combined $77.3M — up 8.3% from $71.4M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of ARDC and 6 opened new positions — a net loss of 7 holders — while 5 trimmed existing stakes and 15 added.
The largest buyer was Yorktown Management & Research Company, opening a new position worth an estimated $2.68M. The largest seller was NWQ Investment Management Company, exiting entirely with an estimated $4.82M sold.
- 29 institutional investors held Are Dynamic Credit Allocation Fund (ARDC) as of Q1 2015, down from 36 in Q4 2014.
- Funds reported $77.3M of Are Dynamic Credit Allocation Fund stock for Q1 2015, up 8.3% quarter-over-quarter.
- 6 funds opened new Are Dynamic Credit Allocation Fund positions in Q1 2015 and 13 closed out, a net change of -7 holders.
- The largest Are Dynamic Credit Allocation Fund buyer in Q1 2015 was Yorktown Management & Research Company, an estimated $2.68M added.
- The largest Are Dynamic Credit Allocation Fund seller in Q1 2015 was NWQ Investment Management Company, an estimated $4.82M sold.
Based on aggregated 13F filings for Q1 2015.