AdvisorShares Newfleet Multi-Sector Income ETF
MINC
MINC was delisted on the 22nd of September, 2023.
41 hedge funds and large institutions have $23.5M invested in AdvisorShares Newfleet Multi-Sector Income ETF in 2019 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 18 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
2% less funds holding
Funds holding: 42 → 41 (-1)
57% less capital invested
Capital invested by funds: $54.7M → $23.5M (-$31.1M)
61% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 18
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$1.02M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$236K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$148K |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
+$137K |
| 5 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
+$126K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$3.48M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.4M |
| 3 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
-$1.39M |
| 4 |
SFA
Semmax Financial Advisors
Winston Salem,
North Carolina
|
-$655K |
| 5 |
SIA
Strategic Investment Advisors
Farmington Hills,
Michigan
|
-$572K |
MINC Hedge Fund Activity: Q2 2019 in Review
41 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Newfleet Multi-Sector Income ETF (MINC) for Q2 2019, worth a combined $23.5M — down 57% from $54.7M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new MINC positions and 3 closed out — a net gain of 2 holders — while 7 added to existing stakes and 18 trimmed.
The largest buyer was AE Wealth Management, adding an estimated $1.02M. The largest seller was Simplicity Solutions, cutting an estimated $3.48M.
- 41 institutional investors held AdvisorShares Newfleet Multi-Sector Income ETF (MINC) as of Q2 2019, down from 42 in Q1 2019.
- Funds reported $23.5M of AdvisorShares Newfleet Multi-Sector Income ETF stock for Q2 2019, down 57% quarter-over-quarter.
- 5 funds opened new AdvisorShares Newfleet Multi-Sector Income ETF positions in Q2 2019 and 3 closed out, a net change of +2 holders.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF buyer in Q2 2019 was AE Wealth Management, an estimated $1.02M added.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF seller in Q2 2019 was Simplicity Solutions, an estimated $3.48M sold.
Based on aggregated 13F filings for Q2 2019.