AdvisorShares Newfleet Multi-Sector Income ETF
MINC
MINC was delisted on the 22nd of September, 2023.
35 hedge funds and large institutions have $17.5M invested in AdvisorShares Newfleet Multi-Sector Income ETF in 2020 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 18 reducing their positions, and 9 closing their positions.
17% less funds holding
Funds holding: 42 → 35 (-7)
29% less capital invested
Capital invested by funds: $24.5M → $17.5M (-$7.01M)
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
72% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 18
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$872K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$743K |
| 3 |
CS
Capital Square
Chattanooga,
Tennessee
|
+$55.9K |
| 4 |
DWM
Darwin Wealth Management
Tampa,
Florida
|
+$39.5K |
| 5 |
NFG
Next Financial Group
Houston,
Texas
|
+$21.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JWCA
J.W. Cole Advisors
Tampa,
Florida
|
-$1.43M |
| 2 |
Barclays
London,
United Kingdom
|
-$1.36M |
| 3 |
PCM
Price Capital Management
Lafayette,
Louisiana
|
-$1.36M |
| 4 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$684K |
| 5 |
CC
Copperleaf Capital
Raleigh,
North Carolina
|
-$460K |
MINC Hedge Fund Activity: Q1 2020 in Review
35 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Newfleet Multi-Sector Income ETF (MINC) for Q1 2020, worth a combined $17.5M — down 29% from $24.5M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of MINC and 6 opened new positions — a net loss of 3 holders — while 18 trimmed existing stakes and 5 added.
The largest buyer was Jane Street, adding an estimated $872K. The largest seller was J.W. Cole Advisors, exiting entirely with an estimated $1.43M sold.
- 35 institutional investors held AdvisorShares Newfleet Multi-Sector Income ETF (MINC) as of Q1 2020, down from 42 in Q4 2019.
- Funds reported $17.5M of AdvisorShares Newfleet Multi-Sector Income ETF stock for Q1 2020, down 29% quarter-over-quarter.
- 6 funds opened new AdvisorShares Newfleet Multi-Sector Income ETF positions in Q1 2020 and 9 closed out, a net change of -3 holders.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF buyer in Q1 2020 was Jane Street, an estimated $872K added.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF seller in Q1 2020 was J.W. Cole Advisors, an estimated $1.43M sold.
Based on aggregated 13F filings for Q1 2020.