AdvisorShares Newfleet Multi-Sector Income ETF
MINC
MINC was delisted on the 22nd of September, 2023.
35 hedge funds and large institutions have $147M invested in AdvisorShares Newfleet Multi-Sector Income ETF in 2017 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 9 increasing their positions, 12 reducing their positions, and 2 closing their positions.
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
21% more funds holding
Funds holding: 29 → 35 (+6)
0% less capital invested
Capital invested by funds: $147M → $147M (-$241K)
25% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 12
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
+$11.2M |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$2.1M |
| 3 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$707K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$492K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$430K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$12.2M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$2.22M |
| 3 |
BWA
Burt Wealth Advisors
North Bethesda,
Maryland
|
-$1.22M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$697K |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
-$209K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $76K | +$65.9K | +1,356 | +637% |
|
|
LTFS
27
Ladenburg Thalmann Financial Services
Miami,
Florida
| $33K | +$19.3K | +398 | +148% |
|
28
Wells Fargo
San Francisco,
California
| $21K | +$5.35K | +110 | +34% |
|
|
KIG
29
Kessler Investment Group
Columbus,
Indiana
| $20K | +$20.4K | +420 | New |
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| $18K | -$71.3K | -1,467 | -80% |
|
31
Creative Planning
Overland Park,
Kansas
| $12K | -$12.3K | -254 | -50% |
|
32
Citigroup
New York
| $12K | – | – | – |
|
33
Bank of America
Charlotte,
North Carolina
| $2K | -$14.7K | -302 | -90% |
|
|
SWP
34
Stratos Wealth Partners
Beachwood,
Ohio
| – | -$209K | -4,300 | Closed |
|
|
CFD
35
Creative Financial Designs
Kokomo,
Indiana
| – | +$194 | +4 | New |
|
MINC Hedge Fund Activity: Q1 2017 in Review
35 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Newfleet Multi-Sector Income ETF (MINC) for Q1 2017, worth a combined $147M — down 0.16% from $147M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MINC positions and 2 closed out — a net gain of 7 holders — while 9 added to existing stakes and 12 trimmed.
The largest buyer was Advocacy Wealth Management Services, adding an estimated $11.2M. The largest seller was Aviance Capital Management, cutting an estimated $12.2M.
- 35 institutional investors held AdvisorShares Newfleet Multi-Sector Income ETF (MINC) as of Q1 2017, up from 29 in Q4 2016.
- Funds reported $147M of AdvisorShares Newfleet Multi-Sector Income ETF stock for Q1 2017, down 0.16% quarter-over-quarter.
- 9 funds opened new AdvisorShares Newfleet Multi-Sector Income ETF positions in Q1 2017 and 2 closed out, a net change of +7 holders.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF buyer in Q1 2017 was Advocacy Wealth Management Services, an estimated $11.2M added.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF seller in Q1 2017 was Aviance Capital Management, an estimated $12.2M sold.
Based on aggregated 13F filings for Q1 2017.