AdvisorShares Newfleet Multi-Sector Income ETF
MINC
MINC was delisted on the 22nd of September, 2023.
42 hedge funds and large institutions have $91.1M invested in AdvisorShares Newfleet Multi-Sector Income ETF in 2018 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 13 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
5% more funds holding
Funds holding: 40 → 42 (+2)
10% less capital invested
Capital invested by funds: $101M → $91.1M (-$9.64M)
15% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 13
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
IFP Advisors
Tampa,
Florida
|
+$4.58M |
| 2 |
Jane Street
New York
|
+$2.88M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.97M |
| 4 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$785K |
| 5 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
+$208K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$11.9M |
| 2 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
-$3.15M |
| 3 |
BWA
Burt Wealth Advisors
North Bethesda,
Maryland
|
-$2.41M |
| 4 |
HPC
Hobart Private Capital
Charlotte,
North Carolina
|
-$1.18M |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$685K |
MINC Hedge Fund Activity: Q2 2018 in Review
42 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Newfleet Multi-Sector Income ETF (MINC) for Q2 2018, worth a combined $91.1M — down 9.6% from $101M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MINC positions and 4 closed out — a net gain of 3 holders — while 11 added to existing stakes and 13 trimmed.
The largest buyer was IFP Advisors, opening a new position worth an estimated $4.58M. The largest seller was Aviance Capital Management, cutting an estimated $11.9M.
- 42 institutional investors held AdvisorShares Newfleet Multi-Sector Income ETF (MINC) as of Q2 2018, up from 40 in Q1 2018.
- Funds reported $91.1M of AdvisorShares Newfleet Multi-Sector Income ETF stock for Q2 2018, down 9.6% quarter-over-quarter.
- 7 funds opened new AdvisorShares Newfleet Multi-Sector Income ETF positions in Q2 2018 and 4 closed out, a net change of +3 holders.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF buyer in Q2 2018 was IFP Advisors, an estimated $4.58M added.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF seller in Q2 2018 was Aviance Capital Management, an estimated $11.9M sold.
Based on aggregated 13F filings for Q2 2018.