AGF US Market Neutral Anti-Beta Fund
BTAL
72 hedge funds and large institutions have $128M invested in AGF US Market Neutral Anti-Beta Fund in 2023 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 24 increasing their positions, 26 reducing their positions, and 29 closing their positions.
8% less repeat investments, than reductions
Existing positions increased: 24 | Existing positions reduced: 26
18.66% less ownership
Funds ownership: 62.91% → 44.25% (-19%)
19% less funds holding
Funds holding: 89 → 72 (-17)
48% less capital invested
Capital invested by funds: $245M → $128M (-$117M)
48% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 29
71% less funds holding in top 10
Funds holding in top 10: 7 → 2 (-5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAPTRUST Financial Advisors
Raleigh,
North Carolina
|
+$5.33M |
| 2 |
CIBC World Market
Toronto,
Ontario, Canada
|
+$4.54M |
| 3 |
DAS
Dynamic Advisor Solutions
Phoenix,
Arizona
|
+$3.25M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.47M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.15M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$54M |
| 2 |
LPL Financial
San Diego,
California
|
-$10.7M |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$9.95M |
| 4 |
CWG
Cornerstone Wealth Group
Huntersville,
North Carolina
|
-$9.17M |
| 5 |
Stifel Financial
St. Louis,
Missouri
|
-$6.52M |
BTAL Hedge Fund Activity: Q2 2023 in Review
72 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in AGF US Market Neutral Anti-Beta Fund (BTAL) for Q2 2023, worth a combined $128M — down 48% from $245M a quarter earlier.
Sellers outnumbered buyers: 29 funds closed out of BTAL and 15 opened new positions — a net loss of 14 holders — while 26 trimmed existing stakes and 24 added.
The largest buyer was CAPTRUST Financial Advisors, opening a new position worth an estimated $5.33M. The largest seller was Brookstone Capital Management, exiting entirely with an estimated $54M sold.
- 72 institutional investors held AGF US Market Neutral Anti-Beta Fund (BTAL) as of Q2 2023, down from 89 in Q1 2023.
- Funds reported $128M of AGF US Market Neutral Anti-Beta Fund stock for Q2 2023, down 48% quarter-over-quarter.
- 15 funds opened new AGF US Market Neutral Anti-Beta Fund positions in Q2 2023 and 29 closed out, a net change of -14 holders.
- The largest AGF US Market Neutral Anti-Beta Fund buyer in Q2 2023 was CAPTRUST Financial Advisors, an estimated $5.33M added.
- The largest AGF US Market Neutral Anti-Beta Fund seller in Q2 2023 was Brookstone Capital Management, an estimated $54M sold.
Based on aggregated 13F filings for Q2 2023.