ARDC

Are Dynamic Credit Allocation Fund
ARDC

Overview Fund Activity

40 hedge funds and large institutions have $84.3M invested in Are Dynamic Credit Allocation Fund in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed
Holders
40
Holders Change
-3
Holders Change %
-6.98%
% of All Funds
1.07%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
6
Increased
15
Reduced
13
Closed
9
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

1
LCM
1
Laurion Capital Management
New York
$6.2M
2
UBS Group
2
UBS Group
Switzerland
$16.3M
3
RCM
3
Rivernorth Capital Management
Florida
$13.2M
4
SFS
4
Shaker Financial Services
Virginia
$1.49M
5
CRC
5
Curi RMB Capital
Illinois
$510K

Top Sellers

1
PPA
1
Parametric Portfolio Associates
Washington
$0
2
BI
2
BlueSpruce Investments
Illinois
$0
3
YMRC
3
Yorktown Management & Research Company
Virginia
$2.12M
4
LPL Financial
4
LPL Financial
California
$0
5
AA
5
AQR Arbitrage
Connecticut
$1.1M
Name Holding Trade Value Shares
Change 		Shares
Change %
UBS Group
1
UBS Group
Switzerland
$16.3M +$1.2M +87,635 +8%
RCM
2
Rivernorth Capital Management
Florida
$13.2M +$1.04M +75,467 +9%
Bessemer Group
3
Bessemer Group
New Jersey
$7.71M -$619K -45,000 -7%
LCM
4
Laurion Capital Management
New York
$6.2M +$3.56M +258,983 +135%
Morgan Stanley
5
Morgan Stanley
New York
$5.97M +$18.8K +1,368 +0.3%
MIG
6
Mariner Investment Group
New York
$5.73M +$122K +8,887 +2%
Kovitz Investment Group Partners
7
Kovitz Investment Group Partners
Illinois
$4.53M -$94K -6,840 -2%
Cohen & Steers
8
Cohen & Steers
New York
$3.54M +$343K +24,959 +11%
GC
9
Guggenheim Capital
Illinois
$2.46M +$356K +25,893 +17%
FFA
10
First Foundation Advisors
California
$2.28M +$92.1K +6,696 +4%
RJA
11
Raymond James & Associates
Florida
$2.24M -$32.5K -2,366 -1%
YMRC
12
Yorktown Management & Research Company
Virginia
$2.12M -$1.55M -112,902 -42%
Invesco
13
Invesco
Georgia
$1.53M +$337K +24,508 +28%
SFS
14
Shaker Financial Services
Virginia
$1.49M +$768K +55,840 +107%
Bank of America
15
Bank of America
North Carolina
$1.32M -$104K -7,553 -7%
First Trust Advisors
16
First Trust Advisors
Illinois
$1.13M -$11.5K -834 -1%
AA
17
AQR Arbitrage
Connecticut
$1.1M -$675K -49,103 -38%
RJFSA
18
Raymond James Financial Services Advisors
Florida
$620K +$397K +28,865 +178%
RCM
19
Robinson Capital Management
Michigan
$595K -$250K -18,223 -30%
Citigroup
20
Citigroup
New York
$510K -$5.53K -402 -1%
CRC
21
Curi RMB Capital
Illinois
$510K +$510K +37,126 New
Stifel Financial
22
Stifel Financial
Missouri
$501K +$86.3K +6,278 +21%
MC
23
Matisse Capital
Oregon
$320K – – –
Wells Fargo
24
Wells Fargo
California
$287K -$3.45K -251 -1%
AG
25
Advisor Group
Arizona
$270K +$270K +19,715 New
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