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AdvisorShares Pure US Cannabis ETF

146 hedge funds and large institutions have $300M invested in AdvisorShares Pure US Cannabis ETF in 2021 Q3 according to their latest regulatory filings, with 25 funds opening new positions, 45 increasing their positions, 41 reducing their positions, and 32 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.51% more ownership

Funds ownership: 31.97%34.48% (+2.5%)

10% more repeat investments, than reductions

Existing positions increased: 45 | Existing positions reduced: 41

4% less capital invested

Capital invested by funds: $311M → $300M (-$11.1M)

6% less funds holding

Funds holding: 156146 (-10)

22% less first-time investments, than exits

New positions opened: 25 | Existing positions closed: 32

25% less funds holding in top 10

Funds holding in top 10: 43 (-1)

37% less call options, than puts

Call options by funds: $46.8M | Put options by funds: $74M

Holders
146
Holders Change
-10
Holders Change %
-6.41%
% of All Funds
2.56%
Holding in Top 10
3
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-25%
% of All Funds
0.05%
New
25
Increased
45
Reduced
41
Closed
32
Calls
$46.8M
Puts
$74M
Net Calls
-$27.2M
Net Calls Change
-$43.4M
Name Holding Trade Value Shares
Change
Change in
Stake
EC
1
Eminence Capital
New York
$44.2M +$48.5M +1,400,000 New
Morgan Stanley
2
Morgan Stanley
New York
$35.1M +$14.3M +413,559 +59%
Susquehanna International Group
3
Susquehanna International Group
Pennsylvania
$32.3M +$3.82M +110,384 +12%
PF
4
Phoenix Financial
Israel
$30.9M -$288K -8,308 -0.8%
FEG
5
Financial Enhancement Group
Indiana
$11.1M -$2.89M -83,324 -19%
ZIG
6
Zuckerman Investment Group
Illinois
$7.72M +$8.48M +244,607 New
VVP
7
Venture Visionary Partners
Ohio
$7.61M -$437K -12,606 -5%
GKWIM
8
Gerber Kawasaki Wealth & Investment Management
California
$7.34M +$2.94M +84,884 +57%
Commonwealth Equity Services
9
Commonwealth Equity Services
Massachusetts
$6.94M +$180K +5,186 +2%
Jane Street
10
Jane Street
New York
$6.92M +$2.28M +65,706 +43%
Neuberger Berman Group
11
Neuberger Berman Group
New York
$6.5M -$759K -21,904 -10%
CCMU
12
Cheyne Capital Management (UK)
United Kingdom
$5.69M -$4.17M -120,396 -40%
Citadel Advisors
13
Citadel Advisors
Florida
$5.63M +$3.1M +89,407 +100%
SFS
14
Sowell Financial Services
Arkansas
$5.61M +$673K +19,417 +12%
Cambridge Investment Research Advisors
15
Cambridge Investment Research Advisors
Iowa
$5.1M +$1.01M +29,157 +22%
CG
16
Cutler Group
California
$5.05M +$4.51M +130,038 +431%
LPL Financial
17
LPL Financial
California
$4.08M -$788K -22,736 -15%
PCP
18
Proficio Capital Partners
Massachusetts
$3.82M -$866K -25,005 -17%
NWA
19
Navis Wealth Advisors
New York
$3.27M +$382K +11,016 +12%
LSAG
20
Lake Street Advisors Group
New Hampshire
$3.16M +$3.46M +100,000 New
BFO
21
Biltmore Family Office
North Carolina
$2.97M +$3.27M +94,235 New
Bank of Montreal
22
Bank of Montreal
Ontario, Canada
$2.92M +$1.74M +50,237 +127%
Envestnet Asset Management
23
Envestnet Asset Management
Illinois
$2.16M +$295K +8,522 +14%
Truist Financial
24
Truist Financial
North Carolina
$2.09M -$126K -3,625 -5%
GWM
25
Geneos Wealth Management
Colorado
$2.06M +$782K +22,575 +52%

MSOS Hedge Fund Activity: Q3 2021 in Review

146 of the 5,712 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Pure US Cannabis ETF (MSOS) for Q3 2021, worth a combined $300M — down 3.6% from $311M a quarter earlier.

Sellers outnumbered buyers: 32 funds closed out of MSOS and 25 opened new positions — a net loss of 7 holders — while 41 trimmed existing stakes and 45 added.

The largest buyer was Eminence Capital, opening a new position worth an estimated $48.5M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $6.6M sold.

  • 146 institutional investors held AdvisorShares Pure US Cannabis ETF (MSOS) as of Q3 2021, down from 156 in Q2 2021.
  • Funds reported $300M of AdvisorShares Pure US Cannabis ETF stock for Q3 2021, down 3.6% quarter-over-quarter.
  • 25 funds opened new AdvisorShares Pure US Cannabis ETF positions in Q3 2021 and 32 closed out, a net change of -7 holders.
  • The largest AdvisorShares Pure US Cannabis ETF buyer in Q3 2021 was Eminence Capital, an estimated $48.5M added.
  • The largest AdvisorShares Pure US Cannabis ETF seller in Q3 2021 was JP Morgan Chase, an estimated $6.6M sold.

Based on aggregated 13F filings for Q3 2021.