AdvisorShares Newfleet Multi-Sector Income ETF
MINC
MINC was delisted on the 22nd of September, 2023.
28 hedge funds and large institutions have $17.7M invested in AdvisorShares Newfleet Multi-Sector Income ETF in 2020 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 12 reducing their positions, and 7 closing their positions.
4% more capital invested
Capital invested by funds: $17.1M → $17.7M (+$605K)
13% less funds holding
Funds holding: 32 → 28 (-4)
42% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 12
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.22M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$688K |
| 3 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$222K |
| 4 |
LPL Financial
San Diego,
California
|
+$133K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$96.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$464K |
| 2 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$351K |
| 3 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
-$319K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$281K |
| 5 |
HPC
Hobart Private Capital
Charlotte,
North Carolina
|
-$259K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWMIA
26
Global Wealth Management Investment Advisory
Fort Lauderdale,
Florida
| $1K | -$6.07K | -125 | -86% |
|
|
RJFSA
27
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$351K | -7,281 | Closed |
|
|
28
Citadel Advisors
Miami,
Florida
| – | -$281K | -5,831 | Closed |
|
29
Citigroup
New York
| – | -$12K | -241 | Closed |
|
|
PAG
30
Private Advisor Group
Morristown,
New Jersey
| – | -$5K | -100 | Closed |
|
|
LAS
31
Lloyd Advisory Services
Suwanee,
Georgia
| – | -$4K | -89 | Closed |
|
32
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -26 | Closed |
|
|
SFS
33
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$680 | -14 | -67% |
|
34
AssetMark Inc
Concord,
California
| – | +$340 | +7 | New |
|
MINC Hedge Fund Activity: Q3 2020 in Review
28 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Newfleet Multi-Sector Income ETF (MINC) for Q3 2020, worth a combined $17.7M — up 3.5% from $17.1M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of MINC and 4 opened new positions — a net loss of 3 holders — while 12 trimmed existing stakes and 7 added.
The largest buyer was Jane Street, adding an estimated $1.22M. The largest seller was AE Wealth Management, cutting an estimated $464K.
- 28 institutional investors held AdvisorShares Newfleet Multi-Sector Income ETF (MINC) as of Q3 2020, down from 32 in Q2 2020.
- Funds reported $17.7M of AdvisorShares Newfleet Multi-Sector Income ETF stock for Q3 2020, up 3.5% quarter-over-quarter.
- 4 funds opened new AdvisorShares Newfleet Multi-Sector Income ETF positions in Q3 2020 and 7 closed out, a net change of -3 holders.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF buyer in Q3 2020 was Jane Street, an estimated $1.22M added.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF seller in Q3 2020 was AE Wealth Management, an estimated $464K sold.
Based on aggregated 13F filings for Q3 2020.