AGF US Market Neutral Anti-Beta Fund
BTAL
10 hedge funds and large institutions have $2.01M invested in AGF US Market Neutral Anti-Beta Fund in 2016 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 4 closing their positions.
13.86% less ownership
Funds ownership: 26.64% → 12.78% (-14%)
17% less funds holding
Funds holding: 12 → 10 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
72% less capital invested
Capital invested by funds: $7.12M → $2.01M (-$5.11M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
+$345K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$161K |
| 3 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$134K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$117K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCMT
Highland Capital Management (Tennessee)
Memphis,
Tennessee
|
-$3.81M |
| 2 |
Goldman Sachs
New York
|
-$571K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$502K |
| 4 |
Jane Street
New York
|
-$421K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$205K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
1
Virtu KCG Holdings
New York
| $462K | -$502K | -22,982 | -51% |
|
|
2
Citadel Advisors
Miami,
Florida
| $439K | -$205K | -9,385 | -31% |
|
|
3
LPL Financial
San Diego,
California
| $331K | +$345K | +15,830 | New |
|
|
4
Jane Street
New York
| $302K | -$421K | -19,303 | -57% |
|
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $160K | +$161K | +7,400 | +3,700% |
|
|
ASN
6
Advisory Services Network
Atlanta,
Georgia
| $151K | +$117K | +5,374 | +299% |
|
|
MFS
7
MSI Financial Services
Springfield,
Massachusetts
| $129K | +$134K | +6,128 | New |
|
8
Bank of America
Charlotte,
North Carolina
| $21K | – | – | – |
|
9
UBS Group
Zurich,
Switzerland
| $12K | -$35.1K | -1,607 | -74% |
|
|
AWM
10
AllSquare Wealth Management
Albany,
New York
| $7K | – | – | – |
|
|
HCMT
11
Highland Capital Management (Tennessee)
Memphis,
Tennessee
| – | -$3.81M | -163,905 | Closed |
|
|
12
Goldman Sachs
New York
| – | -$571K | -24,540 | Closed |
|
13
Creative Planning
Overland Park,
Kansas
| – | -$75K | -3,213 | Closed |
|
|
AG
14
Advisor Group
Phoenix,
Arizona
| – | -$7K | -328 | Closed |
|
BTAL Hedge Fund Activity: Q3 2016 in Review
10 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in AGF US Market Neutral Anti-Beta Fund (BTAL) for Q3 2016, worth a combined $2.01M — down 72% from $7.12M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BTAL and 2 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 2 added.
The largest buyer was LPL Financial, opening a new position worth an estimated $345K. The largest seller was Highland Capital Management (Tennessee), exiting entirely with an estimated $3.81M sold.
- 10 institutional investors held AGF US Market Neutral Anti-Beta Fund (BTAL) as of Q3 2016, down from 12 in Q2 2016.
- Funds reported $2.01M of AGF US Market Neutral Anti-Beta Fund stock for Q3 2016, down 72% quarter-over-quarter.
- 2 funds opened new AGF US Market Neutral Anti-Beta Fund positions in Q3 2016 and 4 closed out, a net change of -2 holders.
- The largest AGF US Market Neutral Anti-Beta Fund buyer in Q3 2016 was LPL Financial, an estimated $345K added.
- The largest AGF US Market Neutral Anti-Beta Fund seller in Q3 2016 was Highland Capital Management (Tennessee), an estimated $3.81M sold.
Based on aggregated 13F filings for Q3 2016.