AdvisorShares Newfleet Multi-Sector Income ETF
MINC
MINC was delisted on the 22nd of September, 2023.
27 hedge funds and large institutions have $28.9M invested in AdvisorShares Newfleet Multi-Sector Income ETF in 2022 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 8 closing their positions.
25% less funds holding
Funds holding: 36 → 27 (-9)
44% less capital invested
Capital invested by funds: $51.4M → $28.9M (-$22.5M)
55% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 11
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.36M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$734K |
| 3 |
BWA
Burt Wealth Advisors
North Bethesda,
Maryland
|
+$231K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$64.8K |
| 5 |
GRP
Global Retirement Partners
San Rafael,
California
|
+$49.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$8.75M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$6.69M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$2.89M |
| 4 |
HH
Hilltop Holdings
Dallas,
Texas
|
-$1.39M |
| 5 |
SWM
Spire Wealth Management
Mclean,
Virginia
|
-$1.03M |
MINC Hedge Fund Activity: Q3 2022 in Review
27 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Newfleet Multi-Sector Income ETF (MINC) for Q3 2022, worth a combined $28.9M — down 44% from $51.4M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MINC and 0 opened new positions — a net loss of 8 holders — while 11 trimmed existing stakes and 5 added.
The largest buyer was Jane Street, adding an estimated $1.36M. The largest seller was Envestnet Asset Management, cutting an estimated $8.75M.
- 27 institutional investors held AdvisorShares Newfleet Multi-Sector Income ETF (MINC) as of Q3 2022, down from 36 in Q2 2022.
- Funds reported $28.9M of AdvisorShares Newfleet Multi-Sector Income ETF stock for Q3 2022, down 44% quarter-over-quarter.
- 0 funds opened new AdvisorShares Newfleet Multi-Sector Income ETF positions in Q3 2022 and 8 closed out, a net change of -8 holders.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF buyer in Q3 2022 was Jane Street, an estimated $1.36M added.
- The largest AdvisorShares Newfleet Multi-Sector Income ETF seller in Q3 2022 was Envestnet Asset Management, an estimated $8.75M sold.
Based on aggregated 13F filings for Q3 2022.