AdvisorShares Newfleet Multi-Sector Income ETF
MINC
MINC was delisted on the 22nd of September, 2023.
29 hedge funds and large institutions have $144M invested in AdvisorShares Newfleet Multi-Sector Income ETF in 2017 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 14 increasing their positions, 7 reducing their positions, and 9 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 7
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
2% less capital invested
Capital invested by funds: $147M → $144M (-$2.87M)
17% less funds holding
Funds holding: 35 → 29 (-6)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
+$10.3M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$912K |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$788K |
| 4 |
ATC
Argent Trust Co
Nashville,
Tennessee
|
+$390K |
| 5 |
SWP
Stratos Wealth Partners
Beachwood,
Ohio
|
+$232K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$10.8M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.71M |
| 3 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
-$1.22M |
| 4 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
-$537K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$493K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $13K | -$19.4K | -398 | -60% |
|
27
Citigroup
New York
| $12K | – | – | – |
|
|
YMRC
28
Yorktown Management & Research Company
Forest,
Virginia
| – | -$1.22M | -25,000 | Closed |
|
|
GFPC
29
Global Financial Private Capital
Sarasota,
Florida
| – | -$537K | -11,051 | Closed |
|
|
30
Citadel Advisors
Miami,
Florida
| – | -$493K | -10,132 | Closed |
|
|
VKH
31
Virtu KCG Holdings
New York
| – | -$328K | -6,754 | Closed |
|
|
FI
32
FormulaFolio Investments
Grand Rapids,
Michigan
| – | -$269K | -5,534 | Closed |
|
33
Jane Street
New York
| – | -$231K | -4,755 | Closed |
|
|
TSS
34
Two Sigma Securities
New York
| – | -$215K | -4,429 | Closed |
|
|
KIG
35
Kessler Investment Group
Columbus,
Indiana
| – | -$20K | -420 | Closed |
|
36
Bank of America
Charlotte,
North Carolina
| – | -$2K | -34 | Closed |
|
MINC Hedge Fund Activity: Q2 2017 in Review
29 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Newfleet Multi-Sector Income ETF (MINC) for Q2 2017, worth a combined $144M — down 2% from $147M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of MINC and 3 opened new positions — a net loss of 6 holders — while 7 trimmed existing stakes and 14 added.
The largest buyer was Advocacy Wealth Management Services, adding an estimated $10.3M. The largest seller was Aviance Capital Management, cutting an estimated $10.8M.
- 29 institutional investors held AdvisorShares Newfleet Multi-Sector Income ETF (MINC) as of Q2 2017, down from 35 in Q1 2017.
- Funds reported $144M of AdvisorShares Newfleet Multi-Sector Income ETF stock for Q2 2017, down 2% quarter-over-quarter.
- 3 funds opened new AdvisorShares Newfleet Multi-Sector Income ETF positions in Q2 2017 and 9 closed out, a net change of -6 holders.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF buyer in Q2 2017 was Advocacy Wealth Management Services, an estimated $10.3M added.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF seller in Q2 2017 was Aviance Capital Management, an estimated $10.8M sold.
Based on aggregated 13F filings for Q2 2017.