AdvisorShares Newfleet Multi-Sector Income ETF
MINC
MINC was delisted on the 22nd of September, 2023.
24 hedge funds and large institutions have $155M invested in AdvisorShares Newfleet Multi-Sector Income ETF in 2016 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 3 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1% less capital invested
Capital invested by funds: $156M → $155M (-$1.09M)
4% less funds holding
Funds holding: 25 → 24 (-1)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
+$4.87M |
| 2 |
YMRC
Yorktown Management & Research Company
Forest,
Virginia
|
+$1.47M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$793K |
| 4 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$685K |
| 5 |
CFA
Camarda Financial Advisors
Fleming Island,
Florida
|
+$392K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$8.73M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$344K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$244K |
| 4 |
LPL Financial
San Diego,
California
|
-$219K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$129K |
MINC Hedge Fund Activity: Q3 2016 in Review
24 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Newfleet Multi-Sector Income ETF (MINC) for Q3 2016, worth a combined $155M — down 0.7% from $156M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of MINC and 2 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 7 added.
The largest buyer was Advocacy Wealth Management Services, adding an estimated $4.87M. The largest seller was Aviance Capital Management, cutting an estimated $8.73M.
- 24 institutional investors held AdvisorShares Newfleet Multi-Sector Income ETF (MINC) as of Q3 2016, down from 25 in Q2 2016.
- Funds reported $155M of AdvisorShares Newfleet Multi-Sector Income ETF stock for Q3 2016, down 0.7% quarter-over-quarter.
- 2 funds opened new AdvisorShares Newfleet Multi-Sector Income ETF positions in Q3 2016 and 3 closed out, a net change of -1 holder.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF buyer in Q3 2016 was Advocacy Wealth Management Services, an estimated $4.87M added.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF seller in Q3 2016 was Aviance Capital Management, an estimated $8.73M sold.
Based on aggregated 13F filings for Q3 2016.