Are Dynamic Credit Allocation Fund
ARDC
46 hedge funds and large institutions have $126M invested in Are Dynamic Credit Allocation Fund in 2017 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 19 increasing their positions, 11 reducing their positions, and 5 closing their positions.
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
73% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 11
10% more funds holding
Funds holding: 42 → 46 (+4)
1.38% more ownership
Funds ownership: 31.94% → 33.32% (+1.4%)
4% more capital invested
Capital invested by funds: $120M → $126M (+$5.33M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
+$3.01M |
| 2 |
LCM
Laurion Capital Management
New York
|
+$2.64M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$2.27M |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$2.09M |
| 5 |
Invesco
Atlanta,
Georgia
|
+$1.72M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$3.5M |
| 2 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.23M |
| 3 |
Kovitz Investment Group Partners
Chicago,
Illinois
|
-$1.12M |
| 4 |
Morgan Stanley
New York
|
-$1.1M |
| 5 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$820K |
ARDC Hedge Fund Activity: Q4 2017 in Review
46 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Are Dynamic Credit Allocation Fund (ARDC) for Q4 2017, worth a combined $126M — up 4.4% from $120M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new ARDC positions and 5 closed out — a net gain of 4 holders — while 19 added to existing stakes and 11 trimmed.
The largest buyer was Advisors Asset Management, adding an estimated $3.01M. The largest seller was Guggenheim Capital, exiting entirely with an estimated $3.5M sold.
- 46 institutional investors held Are Dynamic Credit Allocation Fund (ARDC) as of Q4 2017, up from 42 in Q3 2017.
- Funds reported $126M of Are Dynamic Credit Allocation Fund stock for Q4 2017, up 4.4% quarter-over-quarter.
- 9 funds opened new Are Dynamic Credit Allocation Fund positions in Q4 2017 and 5 closed out, a net change of +4 holders.
- The largest Are Dynamic Credit Allocation Fund buyer in Q4 2017 was Advisors Asset Management, an estimated $3.01M added.
- The largest Are Dynamic Credit Allocation Fund seller in Q4 2017 was Guggenheim Capital, an estimated $3.5M sold.
Based on aggregated 13F filings for Q4 2017.