AdvisorShares Newfleet Multi-Sector Income ETF
MINC
MINC was delisted on the 22nd of September, 2023.
34 hedge funds and large institutions have $23.1M invested in AdvisorShares Newfleet Multi-Sector Income ETF in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 9 increasing their positions, 12 reducing their positions, and 8 closing their positions.
2% less capital invested
Capital invested by funds: $23.5M → $23.1M (-$406K)
17% less funds holding
Funds holding: 41 → 34 (-7)
25% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 12
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$703K |
| 2 |
LPL Financial
San Diego,
California
|
+$194K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
+$126K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$87.1K |
| 5 |
FI
FormulaFolio Investments
Grand Rapids,
Michigan
|
+$36.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$502K |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$463K |
| 3 |
RFM
Royal Fund Management
Lady Lake,
Florida
|
-$180K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$170K |
| 5 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$128K |
MINC Hedge Fund Activity: Q3 2019 in Review
34 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Newfleet Multi-Sector Income ETF (MINC) for Q3 2019, worth a combined $23.1M — down 1.7% from $23.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MINC and 2 opened new positions — a net loss of 6 holders — while 12 trimmed existing stakes and 9 added.
The largest buyer was Jane Street, adding an estimated $703K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $502K sold.
- 34 institutional investors held AdvisorShares Newfleet Multi-Sector Income ETF (MINC) as of Q3 2019, down from 41 in Q2 2019.
- Funds reported $23.1M of AdvisorShares Newfleet Multi-Sector Income ETF stock for Q3 2019, down 1.7% quarter-over-quarter.
- 2 funds opened new AdvisorShares Newfleet Multi-Sector Income ETF positions in Q3 2019 and 8 closed out, a net change of -6 holders.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF buyer in Q3 2019 was Jane Street, an estimated $703K added.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF seller in Q3 2019 was Susquehanna International Group, an estimated $502K sold.
Based on aggregated 13F filings for Q3 2019.