AdvisorShares Newfleet Multi-Sector Income ETF
MINC
MINC was delisted on the 22nd of September, 2023.
40 hedge funds and large institutions have $101M invested in AdvisorShares Newfleet Multi-Sector Income ETF in 2018 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 20 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
8% more funds holding
Funds holding: 37 → 40 (+3)
13% less capital invested
Capital invested by funds: $116M → $101M (-$15.1M)
65% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BWA
Burt Wealth Advisors
North Bethesda,
Maryland
|
+$2.6M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$302K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$284K |
| 4 |
LPL Financial
San Diego,
California
|
+$230K |
| 5 |
AIS
Accurate Investment Solutions
Seven Fields,
Pennsylvania
|
+$85.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$11.1M |
| 2 |
GFPC
Global Financial Private Capital
Sarasota,
Florida
|
-$1.86M |
| 3 |
Jane Street
New York
|
-$1.27M |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$1.03M |
| 5 |
RFM
Royal Fund Management
Lady Lake,
Florida
|
-$461K |
MINC Hedge Fund Activity: Q1 2018 in Review
40 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Newfleet Multi-Sector Income ETF (MINC) for Q1 2018, worth a combined $101M — down 13% from $116M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MINC positions and 3 closed out — a net gain of 3 holders — while 7 added to existing stakes and 20 trimmed.
The largest buyer was Burt Wealth Advisors, adding an estimated $2.6M. The largest seller was Aviance Capital Management, cutting an estimated $11.1M.
- 40 institutional investors held AdvisorShares Newfleet Multi-Sector Income ETF (MINC) as of Q1 2018, up from 37 in Q4 2017.
- Funds reported $101M of AdvisorShares Newfleet Multi-Sector Income ETF stock for Q1 2018, down 13% quarter-over-quarter.
- 6 funds opened new AdvisorShares Newfleet Multi-Sector Income ETF positions in Q1 2018 and 3 closed out, a net change of +3 holders.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF buyer in Q1 2018 was Burt Wealth Advisors, an estimated $2.6M added.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF seller in Q1 2018 was Aviance Capital Management, an estimated $11.1M sold.
Based on aggregated 13F filings for Q1 2018.