Are Dynamic Credit Allocation Fund
ARDC
56 hedge funds and large institutions have $107M invested in Are Dynamic Credit Allocation Fund in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 4 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 15
0% more funds holding
Funds holding: 56 → 56 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
0.51% less ownership
Funds ownership: 34.17% → 33.66% (-0.51%)
3% less capital invested
Capital invested by funds: $110M → $107M (-$2.75M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
+$1.78M |
| 2 |
Cohen & Steers
New York
|
+$1.36M |
| 3 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$423K |
| 4 |
PPA
Parametric Portfolio Associates
Seattle,
Washington
|
+$407K |
| 5 |
First Trust Advisors
Wheaton,
Illinois
|
+$392K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$2.39M |
| 2 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.22M |
| 3 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
-$727K |
| 4 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$686K |
| 5 |
6M
6 Meridian
Wichita,
Kansas
|
-$559K |
ARDC Hedge Fund Activity: Q3 2019 in Review
56 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Are Dynamic Credit Allocation Fund (ARDC) for Q3 2019, worth a combined $107M — down 2.5% from $110M a quarter earlier.
Fund positioning in ARDC was balanced in Q3 2019: 4 funds opened new positions, 4 closed out, 17 added to existing stakes and 15 trimmed.
The largest buyer was Sit Investment Associates, adding an estimated $1.78M. The largest seller was Advisors Asset Management, cutting an estimated $2.39M.
- 56 institutional investors held Are Dynamic Credit Allocation Fund (ARDC) as of Q3 2019, unchanged from Q2 2019.
- Funds reported $107M of Are Dynamic Credit Allocation Fund stock for Q3 2019, down 2.5% quarter-over-quarter.
- 4 funds opened new Are Dynamic Credit Allocation Fund positions in Q3 2019 and 4 closed out, a net change of 0 holders.
- The largest Are Dynamic Credit Allocation Fund buyer in Q3 2019 was Sit Investment Associates, an estimated $1.78M added.
- The largest Are Dynamic Credit Allocation Fund seller in Q3 2019 was Advisors Asset Management, an estimated $2.39M sold.
Based on aggregated 13F filings for Q3 2019.