AdvisorShares Newfleet Multi-Sector Income ETF
MINC
MINC was delisted on the 22nd of September, 2023.
32 hedge funds and large institutions have $170M invested in AdvisorShares Newfleet Multi-Sector Income ETF in 2017 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 10 increasing their positions, 5 reducing their positions, and 7 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 5
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
18% more capital invested
Capital invested by funds: $144M → $170M (+$26M)
10% more funds holding
Funds holding: 29 → 32 (+3)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
+$16.3M |
| 2 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
+$10.8M |
| 3 |
Jane Street
New York
|
+$1.56M |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$1.12M |
| 5 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
+$995K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$5.4M |
| 2 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$744K |
| 3 |
DWM
Darwin Wealth Management
Tampa,
Florida
|
-$558K |
| 4 |
ATC
Argent Trust Co
Nashville,
Tennessee
|
-$391K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$285K |
MINC Hedge Fund Activity: Q3 2017 in Review
32 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Newfleet Multi-Sector Income ETF (MINC) for Q3 2017, worth a combined $170M — up 18% from $144M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new MINC positions and 7 closed out — a net gain of 4 holders — while 10 added to existing stakes and 5 trimmed.
The largest buyer was Advocacy Wealth Management Services, adding an estimated $16.3M. The largest seller was Aviance Capital Management, cutting an estimated $5.4M.
- 32 institutional investors held AdvisorShares Newfleet Multi-Sector Income ETF (MINC) as of Q3 2017, up from 29 in Q2 2017.
- Funds reported $170M of AdvisorShares Newfleet Multi-Sector Income ETF stock for Q3 2017, up 18% quarter-over-quarter.
- 11 funds opened new AdvisorShares Newfleet Multi-Sector Income ETF positions in Q3 2017 and 7 closed out, a net change of +4 holders.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF buyer in Q3 2017 was Advocacy Wealth Management Services, an estimated $16.3M added.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF seller in Q3 2017 was Aviance Capital Management, an estimated $5.4M sold.
Based on aggregated 13F filings for Q3 2017.