Are Dynamic Credit Allocation Fund
ARDC
42 hedge funds and large institutions have $94M invested in Are Dynamic Credit Allocation Fund in 2016 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 16 increasing their positions, 14 reducing their positions, and 7 closing their positions.
14% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 14
2% more capital invested
Capital invested by funds: $92.4M → $94M (+$1.64M)
0.06% more ownership
Funds ownership: 27.02% → 27.08% (+0.06%)
0% more funds holding
Funds holding: 42 → 42 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LCM
Laurion Capital Management
New York
|
+$4.24M |
| 2 |
COLIM
City of London Investment Management
London,
United Kingdom
|
+$2.11M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$2.03M |
| 4 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.84M |
| 5 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$1.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$4.85M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$2.79M |
| 3 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$1.84M |
| 4 |
MC
Matisse Capital
Portland,
Oregon
|
-$1.78M |
| 5 |
Morgan Stanley
New York
|
-$1.49M |
ARDC Hedge Fund Activity: Q4 2016 in Review
42 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in Are Dynamic Credit Allocation Fund (ARDC) for Q4 2016, worth a combined $94M — up 1.8% from $92.4M a quarter earlier.
Fund positioning in ARDC was balanced in Q4 2016: 7 funds opened new positions, 7 closed out, 16 added to existing stakes and 14 trimmed.
The largest buyer was Laurion Capital Management, adding an estimated $4.24M. The largest seller was Kovitz Investment Group Partners, exiting entirely with an estimated $4.85M sold.
- 42 institutional investors held Are Dynamic Credit Allocation Fund (ARDC) as of Q4 2016, unchanged from Q3 2016.
- Funds reported $94M of Are Dynamic Credit Allocation Fund stock for Q4 2016, up 1.8% quarter-over-quarter.
- 7 funds opened new Are Dynamic Credit Allocation Fund positions in Q4 2016 and 7 closed out, a net change of 0 holders.
- The largest Are Dynamic Credit Allocation Fund buyer in Q4 2016 was Laurion Capital Management, an estimated $4.24M added.
- The largest Are Dynamic Credit Allocation Fund seller in Q4 2016 was Kovitz Investment Group Partners, an estimated $4.85M sold.
Based on aggregated 13F filings for Q4 2016.