AdvisorShares Newfleet Multi-Sector Income ETF
MINC
MINC was delisted on the 22nd of September, 2023.
32 hedge funds and large institutions have $47.4M invested in AdvisorShares Newfleet Multi-Sector Income ETF in 2021 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 7 closing their positions.
199% more capital invested
Capital invested by funds: $15.9M → $47.4M (+$31.6M)
29% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 7
3% more funds holding
Funds holding: 31 → 32 (+1)
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$12.1M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$11.7M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.81M |
| 4 |
SAM
Stringer Asset Management
Memphis,
Tennessee
|
+$2.67M |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$1.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$1.54M |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$304K |
| 3 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
-$289K |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$285K |
| 5 |
T
TRUADVICE
Sarasota,
Florida
|
-$237K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BWL
26
Bogart Wealth LLC
Mclean,
Virginia
| $17K | – | – | – |
|
|
AWMS
27
Advocacy Wealth Management Services
Atlanta,
Georgia
| $6K | – | – | – |
|
|
GFPC
28
Global Financial Private Client
Sarasota,
Florida
| $5.49K | – | – | – |
|
|
SFA
29
Semmax Financial Advisors
Winston Salem,
North Carolina
| $3K | – | – | – |
|
|
AWA
30
Arkadios Wealth Advisors
Atlanta,
Georgia
| $1K | – | – | – |
|
|
HI
31
Harbour Investments
Madison,
Wisconsin
| $1K | +$539 | +11 | New |
|
|
SS
32
Simplicity Solutions
Minneapolis,
Minnesota
| – | -$1.54M | -31,280 | Closed |
|
|
KAS
33
Kestra Advisory Services
Austin,
Texas
| – | -$304K | -6,223 | Closed |
|
|
FI
34
FormulaFolio Investments
Grand Rapids,
Michigan
| – | -$289K | -5,890 | Closed |
|
|
T
35
TRUADVICE
Sarasota,
Florida
| – | -$237K | -4,823 | Closed |
|
36
UBS Group
Zurich,
Switzerland
| – | -$47K | -951 | Closed |
|
|
GWMIA
37
Global Wealth Management Investment Advisory
Fort Lauderdale,
Florida
| – | -$1K | -21 | Closed |
|
MINC Hedge Fund Activity: Q1 2021 in Review
32 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Newfleet Multi-Sector Income ETF (MINC) for Q1 2021, worth a combined $47.4M — up 199% from $15.9M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new MINC positions and 7 closed out — a net gain of 2 holders — while 7 added to existing stakes and 7 trimmed.
The largest buyer was Raymond James & Associates, opening a new position worth an estimated $12.1M. The largest seller was Simplicity Solutions, exiting entirely with an estimated $1.54M sold.
- 32 institutional investors held AdvisorShares Newfleet Multi-Sector Income ETF (MINC) as of Q1 2021, up from 31 in Q4 2020.
- Funds reported $47.4M of AdvisorShares Newfleet Multi-Sector Income ETF stock for Q1 2021, up 199% quarter-over-quarter.
- 9 funds opened new AdvisorShares Newfleet Multi-Sector Income ETF positions in Q1 2021 and 7 closed out, a net change of +2 holders.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF buyer in Q1 2021 was Raymond James & Associates, an estimated $12.1M added.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF seller in Q1 2021 was Simplicity Solutions, an estimated $1.54M sold.
Based on aggregated 13F filings for Q1 2021.