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ARDC

Are Dynamic Credit Allocation Fund

38 hedge funds and large institutions have $83.1M invested in Are Dynamic Credit Allocation Fund in 2015 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 19 increasing their positions, 5 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 3

280% more repeat investments, than reductions

Existing positions increased: 19 | Existing positions reduced: 5

31% more funds holding

Funds holding: 2938 (+9)

9% more capital invested

Capital invested by funds: $76.2M → $83.1M (+$6.88M)

3.63% less ownership

Funds ownership: 28.97%25.34% (-3.6%)

Holders
38
Holders Change
+9
Holders Change %
+31.03%
% of All Funds
1.06%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
12
Increased
19
Reduced
5
Closed
3
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$17.4M +$297K +20,024 +2%
RCM
2
Rivernorth Capital Management
Florida
$8.96M +$2.49M +167,956 +35%
Morgan Stanley
3
Morgan Stanley
New York
$7.21M -$360K -24,278 -4%
Bessemer Group
4
Bessemer Group
New Jersey
$7.09M +$102K +6,900 +1%
BI
5
BlueSpruce Investments
Illinois
$7.08M +$3.27M +220,374 +77%
MIG
6
Mariner Investment Group
New York
$5.21M +$1.67M +112,395 +43%
YMRC
7
Yorktown Management & Research Company
Virginia
$3.73M +$1.06M +71,610 +37%
TAM
8
Third Avenue Management
New York
$3.55M -$796K -53,688 -17%
Cohen & Steers
9
Cohen & Steers
New York
$2.77M +$522K +35,205 +22%
RJA
10
Raymond James & Associates
Florida
$2.27M +$1.83M +123,268 +312%
PPA
11
Parametric Portfolio Associates
Washington
$2.2M +$652K +43,968 +39%
AA
12
AQR Arbitrage
Connecticut
$1.64M +$35.2K +2,373 +2%
FFA
13
First Foundation Advisors
California
$1.63M -$44.1K -2,976 -2%
Bank of America
14
Bank of America
North Carolina
$1.6M +$688K +46,379 +68%
GC
15
Guggenheim Capital
Illinois
$1.4M +$433K +29,180 +41%
First Trust Advisors
16
First Trust Advisors
Illinois
$1.17M +$32.7K +2,206 +3%
SFS
17
Shaker Financial Services
Virginia
$1.12M -$988K -66,615 -45%
WAM
18
Wolverine Asset Management
Illinois
$1.12M +$713K +48,086 +149%
Invesco
19
Invesco
Georgia
$596K +$292K +19,664 +85%
DA
20
Doliver Advisors
Texas
$542K +$575K +38,798 New
DS
21
DRW Securities
Illinois
$540K
Citigroup
22
Citigroup
New York
$535K +$334K +22,523 +142%
LCM
23
Laurion Capital Management
New York
$496K +$526K +35,470 New
LPL Financial
24
LPL Financial
California
$466K +$498K +33,574 New
Wells Fargo
25
Wells Fargo
California
$452K +$255K +17,187 +113%

ARDC Hedge Fund Activity: Q3 2015 in Review

38 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Are Dynamic Credit Allocation Fund (ARDC) for Q3 2015, worth a combined $83.1M — up 9% from $76.2M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new ARDC positions and 3 closed out — a net gain of 9 holders — while 19 added to existing stakes and 5 trimmed.

The largest buyer was BlueSpruce Investments, adding an estimated $3.27M. The largest seller was 1832 Asset Management, exiting entirely with an estimated $1.2M sold.

  • 38 institutional investors held Are Dynamic Credit Allocation Fund (ARDC) as of Q3 2015, up from 29 in Q2 2015.
  • Funds reported $83.1M of Are Dynamic Credit Allocation Fund stock for Q3 2015, up 9% quarter-over-quarter.
  • 12 funds opened new Are Dynamic Credit Allocation Fund positions in Q3 2015 and 3 closed out, a net change of +9 holders.
  • The largest Are Dynamic Credit Allocation Fund buyer in Q3 2015 was BlueSpruce Investments, an estimated $3.27M added.
  • The largest Are Dynamic Credit Allocation Fund seller in Q3 2015 was 1832 Asset Management, an estimated $1.2M sold.

Based on aggregated 13F filings for Q3 2015.