Are Dynamic Credit Allocation Fund
ARDC
60 hedge funds and large institutions have $120M invested in Are Dynamic Credit Allocation Fund in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 21 increasing their positions, 19 reducing their positions, and 8 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 19
3% more capital invested
Capital invested by funds: $116M → $120M (+$3.83M)
1.53% less ownership
Funds ownership: 36.53% → 34.99% (-1.5%)
5% less funds holding
Funds holding: 63 → 60 (-3)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Cohen & Steers
New York
|
+$1.34M |
| 2 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.07M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$698K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$645K |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$504K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
-$2.94M |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.67M |
| 3 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$1.31M |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.11M |
| 5 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$1.01M |
ARDC Hedge Fund Activity: Q1 2019 in Review
60 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Are Dynamic Credit Allocation Fund (ARDC) for Q1 2019, worth a combined $120M — up 3.3% from $116M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of ARDC and 5 opened new positions — a net loss of 3 holders — while 19 trimmed existing stakes and 21 added.
The largest buyer was Cohen & Steers, adding an estimated $1.34M. The largest seller was Invesco, cutting an estimated $2.94M.
- 60 institutional investors held Are Dynamic Credit Allocation Fund (ARDC) as of Q1 2019, down from 63 in Q4 2018.
- Funds reported $120M of Are Dynamic Credit Allocation Fund stock for Q1 2019, up 3.3% quarter-over-quarter.
- 5 funds opened new Are Dynamic Credit Allocation Fund positions in Q1 2019 and 8 closed out, a net change of -3 holders.
- The largest Are Dynamic Credit Allocation Fund buyer in Q1 2019 was Cohen & Steers, an estimated $1.34M added.
- The largest Are Dynamic Credit Allocation Fund seller in Q1 2019 was Invesco, an estimated $2.94M sold.
Based on aggregated 13F filings for Q1 2019.