AdvisorShares Newfleet Multi-Sector Income ETF
MINC
MINC was delisted on the 22nd of September, 2023.
26 hedge funds and large institutions have $9.83M invested in AdvisorShares Newfleet Multi-Sector Income ETF in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
4% less funds holding
Funds holding: 27 → 26 (-1)
24% less capital invested
Capital invested by funds: $13M → $9.83M (-$3.12M)
55% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
+$302K |
| 2 |
AWM
Accurate Wealth Management
Wesley Chapel,
Florida
|
+$291K |
| 3 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$291K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
+$53.3K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$9.42K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3M |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$400K |
| 3 |
BWA
Burt Wealth Advisors
North Bethesda,
Maryland
|
-$358K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$244K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$74.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
AssetMark Inc
Concord,
California
| $344 | – | – | – |
|
|
RFS
27
Retirement Financial Solutions
Knoxville,
Tennessee
| – | -$27.3K | -614 | Closed |
|
MINC Hedge Fund Activity: Q1 2023 in Review
26 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Newfleet Multi-Sector Income ETF (MINC) for Q1 2023, worth a combined $9.83M — down 24% from $13M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new MINC positions and 1 closed out — a net gain of 1 holder — while 5 added to existing stakes and 11 trimmed.
The largest buyer was Orion Portfolio Solutions, adding an estimated $302K. The largest seller was Jane Street, cutting an estimated $3M.
- 26 institutional investors held AdvisorShares Newfleet Multi-Sector Income ETF (MINC) as of Q1 2023, down from 27 in Q4 2022.
- Funds reported $9.83M of AdvisorShares Newfleet Multi-Sector Income ETF stock for Q1 2023, down 24% quarter-over-quarter.
- 2 funds opened new AdvisorShares Newfleet Multi-Sector Income ETF positions in Q1 2023 and 1 closed out, a net change of +1 holder.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF buyer in Q1 2023 was Orion Portfolio Solutions, an estimated $302K added.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF seller in Q1 2023 was Jane Street, an estimated $3M sold.
Based on aggregated 13F filings for Q1 2023.