Are Dynamic Credit Allocation Fund
ARDC
42 hedge funds and large institutions have $120M invested in Are Dynamic Credit Allocation Fund in 2017 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
14% more funds holding
Funds holding: 37 → 42 (+5)
6% more capital invested
Capital invested by funds: $114M → $120M (+$6.62M)
1.66% more ownership
Funds ownership: 30.28% → 31.94% (+1.7%)
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$4.68M |
| 2 |
CIA
Capital Investment Advisors
Atlanta,
Georgia
|
+$2.01M |
| 3 |
Invesco
Atlanta,
Georgia
|
+$1.77M |
| 4 |
Wells Fargo
San Francisco,
California
|
+$1.59M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$816K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$4.12M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.36M |
| 3 |
Bessemer Group
Woodbridge,
New Jersey
|
-$999K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
-$564K |
| 5 |
Cohen & Steers
New York
|
-$558K |
ARDC Hedge Fund Activity: Q3 2017 in Review
42 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Are Dynamic Credit Allocation Fund (ARDC) for Q3 2017, worth a combined $120M — up 5.8% from $114M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new ARDC positions and 2 closed out — a net gain of 5 holders — while 13 added to existing stakes and 14 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $4.68M. The largest seller was Kovitz Investment Group Partners, cutting an estimated $4.12M.
- 42 institutional investors held Are Dynamic Credit Allocation Fund (ARDC) as of Q3 2017, up from 37 in Q2 2017.
- Funds reported $120M of Are Dynamic Credit Allocation Fund stock for Q3 2017, up 5.8% quarter-over-quarter.
- 7 funds opened new Are Dynamic Credit Allocation Fund positions in Q3 2017 and 2 closed out, a net change of +5 holders.
- The largest Are Dynamic Credit Allocation Fund buyer in Q3 2017 was Advisors Asset Management, an estimated $4.68M added.
- The largest Are Dynamic Credit Allocation Fund seller in Q3 2017 was Kovitz Investment Group Partners, an estimated $4.12M sold.
Based on aggregated 13F filings for Q3 2017.