AdvisorShares Newfleet Multi-Sector Income ETF
MINC
MINC was delisted on the 22nd of September, 2023.
25 hedge funds and large institutions have $161M invested in AdvisorShares Newfleet Multi-Sector Income ETF in 2016 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 5 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
25% more funds holding
Funds holding: 20 → 25 (+5)
5% more capital invested
Capital invested by funds: $154M → $161M (+$7.43M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
+$5.82M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$4.04M |
| 3 |
IA
IFP Advisors
Tampa,
Florida
|
+$3.64M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.08M |
| 5 |
SAM
Stringer Asset Management
Memphis,
Tennessee
|
+$915K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$7.64M |
| 2 |
BWA
Burt Wealth Advisors
North Bethesda,
Maryland
|
-$1.52M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$570K |
| 4 |
AIG
American International Group
New York
|
-$201K |
| 5 |
CCS
Crosspoint Capital Strategies
Orinda,
California
|
-$95K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TFA
26
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$39K | -796 | Closed |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| – | -$5K | -100 | Closed |
|
28
US Bancorp
Minneapolis,
Minnesota
| – | -$4K | -80 | Closed |
|
29
UBS Group
Zurich,
Switzerland
| – | -$4K | -79 | Closed |
|
MINC Hedge Fund Activity: Q1 2016 in Review
25 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Newfleet Multi-Sector Income ETF (MINC) for Q1 2016, worth a combined $161M — up 4.8% from $154M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new MINC positions and 5 closed out — a net gain of 5 holders — while 7 added to existing stakes and 5 trimmed.
The largest buyer was Advocacy Wealth Management Services, opening a new position worth an estimated $5.82M. The largest seller was Aviance Capital Management, cutting an estimated $7.64M.
- 25 institutional investors held AdvisorShares Newfleet Multi-Sector Income ETF (MINC) as of Q1 2016, up from 20 in Q4 2015.
- Funds reported $161M of AdvisorShares Newfleet Multi-Sector Income ETF stock for Q1 2016, up 4.8% quarter-over-quarter.
- 10 funds opened new AdvisorShares Newfleet Multi-Sector Income ETF positions in Q1 2016 and 5 closed out, a net change of +5 holders.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF buyer in Q1 2016 was Advocacy Wealth Management Services, an estimated $5.82M added.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF seller in Q1 2016 was Aviance Capital Management, an estimated $7.64M sold.
Based on aggregated 13F filings for Q1 2016.