AdvisorShares Newfleet Multi-Sector Income ETF
MINC
MINC was delisted on the 22nd of September, 2023.
37 hedge funds and large institutions have $116M invested in AdvisorShares Newfleet Multi-Sector Income ETF in 2017 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 11 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)
16% more funds holding
Funds holding: 32 → 37 (+5)
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
32% less capital invested
Capital invested by funds: $170M → $116M (-$53.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$2.61M |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$831K |
| 3 |
Jane Street
New York
|
+$659K |
| 4 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
+$351K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$233K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
-$50.4M |
| 2 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$10.4M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$926K |
| 4 |
VF
Virtu Financial
New York
|
-$398K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$327K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FGC
26
Financial Gravity Companies
Lakeway,
Texas
| $97K | +$97.8K | +2,012 | New |
|
|
AFNAS
27
American Financial Network Advisory Services
Calabasas,
California
| $71K | – | – | – |
|
28
UBS Group
Zurich,
Switzerland
| $61K | +$61.7K | +1,269 | New |
|
29
Wells Fargo
San Francisco,
California
| $22K | +$6.46K | +133 | +41% |
|
|
BWL
30
Bogart Wealth LLC
Mclean,
Virginia
| $14K | – | – | – |
|
|
LTFS
31
Ladenburg Thalmann Financial Services
Miami,
Florida
| $13K | – | – | – |
|
32
Citigroup
New York
| $12K | – | – | – |
|
|
CPA
33
Clear Perspective Advisors
Aurora,
Illinois
| $5K | -$5.2K | -107 | -51% |
|
|
IWM
34
IHT Wealth Management
Chicago,
Illinois
| $4K | +$3.94K | +81 | New |
|
|
TFA
35
Transamerica Financial Advisors
St. Petersburg,
Florida
| $1K | +$49 | +1 | New |
|
|
SWM
36
SeaCrest Wealth Management
Purchase,
New York
| $1K | +$972 | +20 | New |
|
|
37
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$926K | -18,998 | Closed |
|
|
PAG
38
Private Advisor Group
Morristown,
New Jersey
| – | -$327K | -6,711 | Closed |
|
|
BF
39
BOK Financial
Tulsa,
Oklahoma
| – | -$5K | -111 | Closed |
|
MINC Hedge Fund Activity: Q4 2017 in Review
37 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Newfleet Multi-Sector Income ETF (MINC) for Q4 2017, worth a combined $116M — down 32% from $170M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new MINC positions and 3 closed out — a net gain of 5 holders — while 11 added to existing stakes and 11 trimmed.
The largest buyer was Simplicity Solutions, opening a new position worth an estimated $2.61M. The largest seller was Advocacy Wealth Management Services, cutting an estimated $50.4M.
- 37 institutional investors held AdvisorShares Newfleet Multi-Sector Income ETF (MINC) as of Q4 2017, up from 32 in Q3 2017.
- Funds reported $116M of AdvisorShares Newfleet Multi-Sector Income ETF stock for Q4 2017, down 32% quarter-over-quarter.
- 8 funds opened new AdvisorShares Newfleet Multi-Sector Income ETF positions in Q4 2017 and 3 closed out, a net change of +5 holders.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF buyer in Q4 2017 was Simplicity Solutions, an estimated $2.61M added.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF seller in Q4 2017 was Advocacy Wealth Management Services, an estimated $50.4M sold.
Based on aggregated 13F filings for Q4 2017.