Are Dynamic Credit Allocation Fund
ARDC
42 hedge funds and large institutions have $92.4M invested in Are Dynamic Credit Allocation Fund in 2016 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 17 increasing their positions, 11 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
55% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 11
19% more capital inflows, than outflows
Capital inflows: $10.3M | Capital outflows: $8.65M
5% more funds holding
Funds holding: 40 → 42 (+2)
0.4% more ownership
Funds ownership: 26.62% → 27.02% (+0.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Robinson Capital Management
Grosse Pointe Farms,
Michigan
|
+$1.92M |
| 2 |
Matisse Capital
Portland,
Oregon
|
+$1.39M |
| 3 |
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.14M |
| 4 |
Raymond James & Associates
St Petersburg,
Florida
|
+$965K |
| 5 |
Shaker Financial Services
Arlington,
Virginia
|
+$583K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
First Foundation Advisors
Irvine,
California
|
-$2.28M |
| 2 |
Mariner Investment Group
Harrison,
New York
|
-$1.93M |
| 3 |
Laurion Capital Management
New York
|
-$1.34M |
| 4 |
Morgan Stanley
New York
|
-$1.24M |
| 5 |
Yorktown Management & Research Company
Forest,
Virginia
|
-$431K |
ARDC Hedge Fund Activity: Q3 2016 in Review
42 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Are Dynamic Credit Allocation Fund (ARDC) for Q3 2016, worth a combined $92.4M — up 9.6% from $84.3M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new ARDC positions and 5 closed out — a net gain of 3 holders — while 17 added to existing stakes and 11 trimmed.
The largest buyer was Robinson Capital Management, adding an estimated $1.92M. The largest seller was First Foundation Advisors, exiting entirely with an estimated $2.28M sold.
- 42 institutional investors held Are Dynamic Credit Allocation Fund (ARDC) as of Q3 2016, up from 40 in Q2 2016.
- Funds reported $92.4M of Are Dynamic Credit Allocation Fund stock for Q3 2016, up 9.6% quarter-over-quarter.
- 8 funds opened new Are Dynamic Credit Allocation Fund positions in Q3 2016 and 5 closed out, a net change of +3 holders.
- The largest Are Dynamic Credit Allocation Fund buyer in Q3 2016 was Robinson Capital Management, an estimated $1.92M added.
- The largest Are Dynamic Credit Allocation Fund seller in Q3 2016 was First Foundation Advisors, an estimated $2.28M sold.
Based on aggregated 13F filings for Q3 2016.