AGF US Market Neutral Anti-Beta Fund
BTAL
76 hedge funds and large institutions have $210M invested in AGF US Market Neutral Anti-Beta Fund in 2023 Q3 according to their latest regulatory filings, with 22 funds opening new positions, 26 increasing their positions, 24 reducing their positions, and 17 closing their positions.
64% more capital invested
Capital invested by funds: $128M → $210M (+$82.2M)
29% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 17
25.41% more ownership
Funds ownership: 44.25% → 69.66% (+25%)
6% more funds holding
Funds holding: 72 → 76 (+4)
8% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 24
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
+$45.7M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
+$15.8M |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$10.4M |
| 4 |
AC
Avestar Capital
New York
|
+$4.08M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.55M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC World Market
Toronto,
Ontario, Canada
|
-$4.94M |
| 2 |
PFA
Peak Financial Advisors
Denver,
Colorado
|
-$4.91M |
| 3 |
TWM
TMD Wealth Management
Scottsdale,
Arizona
|
-$4.17M |
| 4 |
APA
Astoria Portfolio Advisors
New York
|
-$1.96M |
| 5 |
LPL Financial
San Diego,
California
|
-$1.24M |
BTAL Hedge Fund Activity: Q3 2023 in Review
76 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in AGF US Market Neutral Anti-Beta Fund (BTAL) for Q3 2023, worth a combined $210M — up 64% from $128M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new BTAL positions and 17 closed out — a net gain of 5 holders — while 26 added to existing stakes and 24 trimmed.
The largest buyer was Federation des caisses Desjardins du Quebec, adding an estimated $45.7M. The largest seller was CIBC World Market, cutting an estimated $4.94M.
- 76 institutional investors held AGF US Market Neutral Anti-Beta Fund (BTAL) as of Q3 2023, up from 72 in Q2 2023.
- Funds reported $210M of AGF US Market Neutral Anti-Beta Fund stock for Q3 2023, up 64% quarter-over-quarter.
- 22 funds opened new AGF US Market Neutral Anti-Beta Fund positions in Q3 2023 and 17 closed out, a net change of +5 holders.
- The largest AGF US Market Neutral Anti-Beta Fund buyer in Q3 2023 was Federation des caisses Desjardins du Quebec, an estimated $45.7M added.
- The largest AGF US Market Neutral Anti-Beta Fund seller in Q3 2023 was CIBC World Market, an estimated $4.94M sold.
Based on aggregated 13F filings for Q3 2023.