AdvisorShares Newfleet Multi-Sector Income ETF
MINC
MINC was delisted on the 22nd of September, 2023.
42 hedge funds and large institutions have $24.5M invested in AdvisorShares Newfleet Multi-Sector Income ETF in 2019 Q4 according to their latest regulatory filings, with 14 funds opening new positions, 8 increasing their positions, 11 reducing their positions, and 5 closing their positions.
180% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 5
24% more funds holding
Funds holding: 34 → 42 (+8)
6% more capital invested
Capital invested by funds: $23.1M → $24.5M (+$1.39M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
27% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$586K |
| 2 |
IAA
Independent Advisor Alliance
Charlotte,
North Carolina
|
+$326K |
| 3 |
RFM
Royal Fund Management
Lady Lake,
Florida
|
+$277K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$250K |
| 5 |
LPL Financial
San Diego,
California
|
+$189K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWMS
Advocacy Wealth Management Services
Atlanta,
Georgia
|
-$1.37M |
| 2 |
FIM
Freedom Investment Management
Hartford,
Connecticut
|
-$725K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$664K |
| 4 |
Jane Street
New York
|
-$645K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$418K |
MINC Hedge Fund Activity: Q4 2019 in Review
42 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Newfleet Multi-Sector Income ETF (MINC) for Q4 2019, worth a combined $24.5M — up 6% from $23.1M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new MINC positions and 5 closed out — a net gain of 9 holders — while 8 added to existing stakes and 11 trimmed.
The largest buyer was AE Wealth Management, adding an estimated $586K. The largest seller was Advocacy Wealth Management Services, cutting an estimated $1.37M.
- 42 institutional investors held AdvisorShares Newfleet Multi-Sector Income ETF (MINC) as of Q4 2019, up from 34 in Q3 2019.
- Funds reported $24.5M of AdvisorShares Newfleet Multi-Sector Income ETF stock for Q4 2019, up 6% quarter-over-quarter.
- 14 funds opened new AdvisorShares Newfleet Multi-Sector Income ETF positions in Q4 2019 and 5 closed out, a net change of +9 holders.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF buyer in Q4 2019 was AE Wealth Management, an estimated $586K added.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF seller in Q4 2019 was Advocacy Wealth Management Services, an estimated $1.37M sold.
Based on aggregated 13F filings for Q4 2019.