AdvisorShares Newfleet Multi-Sector Income ETF
MINC
MINC was delisted on the 22nd of September, 2023.
36 hedge funds and large institutions have $51.4M invested in AdvisorShares Newfleet Multi-Sector Income ETF in 2022 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 17 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
6% more funds holding
Funds holding: 34 → 36 (+2)
15% less capital invested
Capital invested by funds: $60.3M → $51.4M (-$8.92M)
59% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWM
Spire Wealth Management
Mclean,
Virginia
|
+$1.04M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$276K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$170K |
| 4 |
Jane Street
New York
|
+$129K |
| 5 |
BWA
Burt Wealth Advisors
North Bethesda,
Maryland
|
+$119K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$4.56M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.51M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$792K |
| 4 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
-$593K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$562K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $80K | +$65.7K | +1,422 | +442% |
|
|
BCMLT
27
Beacon Capital Management LLC (Tennessee)
Franklin,
Tennessee
| $42K | – | – | – |
|
|
SIS
28
Sound Income Strategies
Ft Lauderdale,
Florida
| $41K | – | – | – |
|
|
RCM
29
Raleigh Capital Management
Cary,
North Carolina
| $29K | – | – | – |
|
|
BWL
30
Bogart Wealth LLC
Mclean,
Virginia
| $16K | – | – | – |
|
|
IA
31
IFP Advisors
Tampa,
Florida
| $11K | – | – | – |
|
|
CA
32
CoreCap Advisors
Southfield,
Michigan
| $10K | +$9.98K | +216 | New |
|
|
SFA
33
Semmax Financial Advisors
Winston Salem,
North Carolina
| $2K | -$1.34K | -29 | -46% |
|
|
NMG
34
New Millennium Group
Sandy,
Utah
| $2K | +$1.66K | +36 | New |
|
|
GFPC
35
Global Financial Private Client
Sarasota,
Florida
| $1.29K | -$3.88K | -84 | -75% |
|
|
VAS
36
Vestmark Advisory Solutions
Wakefield,
Massachusetts
| – | -$232K | -4,947 | Closed |
|
MINC Hedge Fund Activity: Q2 2022 in Review
36 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Newfleet Multi-Sector Income ETF (MINC) for Q2 2022, worth a combined $51.4M — down 15% from $60.3M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new MINC positions and 1 closed out — a net gain of 2 holders — while 7 added to existing stakes and 17 trimmed.
The largest buyer was Spire Wealth Management, opening a new position worth an estimated $1.04M. The largest seller was Raymond James & Associates, cutting an estimated $4.56M.
- 36 institutional investors held AdvisorShares Newfleet Multi-Sector Income ETF (MINC) as of Q2 2022, up from 34 in Q1 2022.
- Funds reported $51.4M of AdvisorShares Newfleet Multi-Sector Income ETF stock for Q2 2022, down 15% quarter-over-quarter.
- 3 funds opened new AdvisorShares Newfleet Multi-Sector Income ETF positions in Q2 2022 and 1 closed out, a net change of +2 holders.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF buyer in Q2 2022 was Spire Wealth Management, an estimated $1.04M added.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF seller in Q2 2022 was Raymond James & Associates, an estimated $4.56M sold.
Based on aggregated 13F filings for Q2 2022.