AdvisorShares Newfleet Multi-Sector Income ETF
MINC
MINC was delisted on the 22nd of September, 2023.
42 hedge funds and large institutions have $54.7M invested in AdvisorShares Newfleet Multi-Sector Income ETF in 2019 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 21 reducing their positions, and 4 closing their positions.
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
2% less funds holding
Funds holding: 43 → 42 (-1)
23% less capital invested
Capital invested by funds: $70.7M → $54.7M (-$16M)
38% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 21
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.46M |
| 2 |
Barclays
London,
United Kingdom
|
+$1.34M |
| 3 |
PCM
Price Capital Management
Lafayette,
Louisiana
|
+$1.34M |
| 4 |
Jane Street
New York
|
+$381K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$277K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$14.4M |
| 2 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$1.2M |
| 3 |
SFA
Semmax Financial Advisors
Winston Salem,
North Carolina
|
-$1.09M |
| 4 |
BWA
Burt Wealth Advisors
North Bethesda,
Maryland
|
-$1.03M |
| 5 |
HPC
Hobart Private Capital
Charlotte,
North Carolina
|
-$1.01M |
MINC Hedge Fund Activity: Q1 2019 in Review
42 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Newfleet Multi-Sector Income ETF (MINC) for Q1 2019, worth a combined $54.7M — down 23% from $70.7M a quarter earlier.
Fund positioning in MINC was balanced in Q1 2019: 4 funds opened new positions, 4 closed out, 13 added to existing stakes and 21 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $2.46M. The largest seller was Aviance Capital Management, cutting an estimated $14.4M.
- 42 institutional investors held AdvisorShares Newfleet Multi-Sector Income ETF (MINC) as of Q1 2019, down from 43 in Q4 2018.
- Funds reported $54.7M of AdvisorShares Newfleet Multi-Sector Income ETF stock for Q1 2019, down 23% quarter-over-quarter.
- 4 funds opened new AdvisorShares Newfleet Multi-Sector Income ETF positions in Q1 2019 and 4 closed out, a net change of 0 holders.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF buyer in Q1 2019 was Susquehanna International Group, an estimated $2.46M added.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF seller in Q1 2019 was Aviance Capital Management, an estimated $14.4M sold.
Based on aggregated 13F filings for Q1 2019.