Are Dynamic Credit Allocation Fund
ARDC
37 hedge funds and large institutions have $114M invested in Are Dynamic Credit Allocation Fund in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 16 increasing their positions, 10 reducing their positions, and 6 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 10
22% more capital invested
Capital invested by funds: $93M → $114M (+$20.7M)
5.07% more ownership
Funds ownership: 25.21% → 30.28% (+5.1%)
5% less funds holding
Funds holding: 39 → 37 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$14M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$3.24M |
| 3 |
Wells Fargo
San Francisco,
California
|
+$2.58M |
| 4 |
Invesco
Atlanta,
Georgia
|
+$2.06M |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$642K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$1.21M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.1M |
| 3 |
Cohen & Steers
New York
|
-$697K |
| 4 |
Bessemer Group
Woodbridge,
New Jersey
|
-$530K |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$453K |
ARDC Hedge Fund Activity: Q2 2017 in Review
37 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Are Dynamic Credit Allocation Fund (ARDC) for Q2 2017, worth a combined $114M — up 22% from $93M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of ARDC and 4 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 16 added.
The largest buyer was Parametric Portfolio Associates, opening a new position worth an estimated $14M. The largest seller was Raymond James & Associates, cutting an estimated $1.21M.
- 37 institutional investors held Are Dynamic Credit Allocation Fund (ARDC) as of Q2 2017, down from 39 in Q1 2017.
- Funds reported $114M of Are Dynamic Credit Allocation Fund stock for Q2 2017, up 22% quarter-over-quarter.
- 4 funds opened new Are Dynamic Credit Allocation Fund positions in Q2 2017 and 6 closed out, a net change of -2 holders.
- The largest Are Dynamic Credit Allocation Fund buyer in Q2 2017 was Parametric Portfolio Associates, an estimated $14M added.
- The largest Are Dynamic Credit Allocation Fund seller in Q2 2017 was Raymond James & Associates, an estimated $1.21M sold.
Based on aggregated 13F filings for Q2 2017.