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ARDC

Are Dynamic Credit Allocation Fund

Name Holding Trade Value Shares
Change
Change in
Stake
UBS Group
1
UBS Group
Switzerland
$18.8M +$797K +49,416 +4%
Morgan Stanley
2
Morgan Stanley
New York
$8.29M +$1.23M +76,452 +16%
Bessemer Group
3
Bessemer Group
New Jersey
$7.68M
RCM
4
Rivernorth Capital Management
Florida
$7.26M +$451K +27,946 +6%
TAM
5
Third Avenue Management
New York
$4.72M +$105K +6,535 +2%
BI
6
BlueSpruce Investments
Illinois
$4.39M +$1.02M +63,509 +28%
MIG
7
Mariner Investment Group
New York
$4M -$291K -18,008 -6%
YMRC
8
Yorktown Management & Research Company
Virginia
$3M +$491K +30,442 +18%
Cohen & Steers
9
Cohen & Steers
New York
$2.5M +$872K +54,015 +50%
SFS
10
Shaker Financial Services
Virginia
$2.25M +$253K +15,662 +12%
FFA
11
First Foundation Advisors
California
$1.83M +$63.3K +3,923 +3%
AA
12
AQR Arbitrage
Connecticut
$1.76M +$96.4K +5,972 +5%
PPA
13
Parametric Portfolio Associates
Washington
$1.74M +$525K +32,555 +40%
First Trust Advisors
14
First Trust Advisors
Illinois
$1.25M +$14.2K +877 +1%
1832 Asset Management
15
1832 Asset Management
Ontario, Canada
$1.2M
GC
16
Guggenheim Capital
Illinois
$1.09M -$351K -21,784 -23%
Bank of America
17
Bank of America
North Carolina
$1.05M -$230K -14,276 -17%
RJA
18
Raymond James & Associates
Florida
$605K +$374K +23,156 +142%
DS
19
DRW Securities
Illinois
$592K +$623K +38,629 New
WAM
20
Wolverine Asset Management
Illinois
$495K -$307K -19,024 -37%
Invesco
21
Invesco
Georgia
$353K +$371K +23,018 New
ADBIC
22
A.D. Beadell Investment Counsel
Wisconsin
$320K
Citigroup
23
Citigroup
New York
$243K +$13.3K +823 +5%
RJFSA
24
Raymond James Financial Services Advisors
Florida
$233K +$245K +15,200 New
Wells Fargo
25
Wells Fargo
California
$232K +$6.02K +373 +3%