AdvisorShares Newfleet Multi-Sector Income ETF
MINC
MINC was delisted on the 22nd of September, 2023.
29 hedge funds and large institutions have $147M invested in AdvisorShares Newfleet Multi-Sector Income ETF in 2016 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
21% more funds holding
Funds holding: 24 → 29 (+5)
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
5% less capital invested
Capital invested by funds: $155M → $147M (-$8.48M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
+$1.44M |
| 2 |
BWA
Burt Wealth Advisors
North Bethesda,
Maryland
|
+$1.21M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.16M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$666K |
| 5 |
Jane Street
New York
|
+$390K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$12.4M |
| 2 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$2.05M |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$685K |
| 4 |
CFA
Camarda Financial Advisors
Fleming Island,
Florida
|
-$391K |
| 5 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$231K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $12K | +$11.7K | +241 | New |
|
27
UBS Group
Zurich,
Switzerland
| $10K | +$5.5K | +113 | +113% |
|
|
28
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$685K | -13,996 | Closed |
|
|
CFA
29
Camarda Financial Advisors
Fleming Island,
Florida
| – | -$391K | -8,000 | Closed |
|
|
FI
30
FormulaFolio Investments
Grand Rapids,
Michigan
| – | -$231K | -4,729 | Closed |
|
MINC Hedge Fund Activity: Q4 2016 in Review
29 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Newfleet Multi-Sector Income ETF (MINC) for Q4 2016, worth a combined $147M — down 5.5% from $155M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new MINC positions and 3 closed out — a net gain of 5 holders — while 8 added to existing stakes and 7 trimmed.
The largest buyer was Advocacy Wealth Management Services, adding an estimated $1.44M. The largest seller was Aviance Capital Management, cutting an estimated $12.4M.
- 29 institutional investors held AdvisorShares Newfleet Multi-Sector Income ETF (MINC) as of Q4 2016, up from 24 in Q3 2016.
- Funds reported $147M of AdvisorShares Newfleet Multi-Sector Income ETF stock for Q4 2016, down 5.5% quarter-over-quarter.
- 8 funds opened new AdvisorShares Newfleet Multi-Sector Income ETF positions in Q4 2016 and 3 closed out, a net change of +5 holders.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF buyer in Q4 2016 was Advocacy Wealth Management Services, an estimated $1.44M added.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF seller in Q4 2016 was Aviance Capital Management, an estimated $12.4M sold.
Based on aggregated 13F filings for Q4 2016.