Are Dynamic Credit Allocation Fund
ARDC
43 hedge funds and large institutions have $90.9M invested in Are Dynamic Credit Allocation Fund in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 20 increasing their positions, 11 reducing their positions, and 7 closing their positions.
82% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 11
1.24% more ownership
Funds ownership: 27.69% → 28.93% (+1.2%)
5% more capital invested
Capital invested by funds: $86.9M → $90.9M (+$4.01M)
9% less funds holding
Funds holding: 47 → 43 (-4)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.85M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$2.01M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
+$1.02M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$693K |
| 5 |
Cohen & Steers
New York
|
+$436K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BI
BlueSpruce Investments
Chicago,
Illinois
|
-$3.11M |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$918K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$695K |
| 4 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$598K |
| 5 |
Squarepoint
New York
|
-$522K |
ARDC Hedge Fund Activity: Q1 2016 in Review
43 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Are Dynamic Credit Allocation Fund (ARDC) for Q1 2016, worth a combined $90.9M — up 4.6% from $86.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of ARDC and 4 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 20 added.
The largest buyer was Parametric Portfolio Associates, adding an estimated $2.85M. The largest seller was BlueSpruce Investments, cutting an estimated $3.11M.
- 43 institutional investors held Are Dynamic Credit Allocation Fund (ARDC) as of Q1 2016, down from 47 in Q4 2015.
- Funds reported $90.9M of Are Dynamic Credit Allocation Fund stock for Q1 2016, up 4.6% quarter-over-quarter.
- 4 funds opened new Are Dynamic Credit Allocation Fund positions in Q1 2016 and 7 closed out, a net change of -3 holders.
- The largest Are Dynamic Credit Allocation Fund buyer in Q1 2016 was Parametric Portfolio Associates, an estimated $2.85M added.
- The largest Are Dynamic Credit Allocation Fund seller in Q1 2016 was BlueSpruce Investments, an estimated $3.11M sold.
Based on aggregated 13F filings for Q1 2016.