AdvisorShares Poseidon Dynamic Cannabis ETF
PSDN
PSDN was delisted on the 25th of August, 2023.
6 hedge funds and large institutions have $86K invested in AdvisorShares Poseidon Dynamic Cannabis ETF in 2022 Q3 according to their latest regulatory filings, with 4 funds opening new positions, increasing their positions, 1 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
146% more capital invested
Capital invested by funds: $35K → $86K (+$51K)
100% more funds holding
Funds holding: 3 → 6 (+3)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCP
Wick Capital Partners
Wayne,
Pennsylvania
|
+$48.3K |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$35.8K |
| 3 |
GG
Gofen & Glossberg
Chicago,
Illinois
|
+$27.7K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$277 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$33K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$1.25K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WCP
1
Wick Capital Partners
Wayne,
Pennsylvania
| $37K | +$48.3K | +17,428 | New |
|
|
KAS
2
Kestra Advisory Services
Austin,
Texas
| $27K | +$35.8K | +12,930 | New |
|
|
GG
3
Gofen & Glossberg
Chicago,
Illinois
| $21K | +$27.7K | +10,000 | New |
|
|
4
UBS Group
Zurich,
Switzerland
| $1K | -$1.25K | -450 | -50% |
|
|
5
Jane Street
New York
| – | -$33K | -13,628 | Closed |
|
|
6
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | +$277 | +100 | New |
|
PSDN Hedge Fund Activity: Q3 2022 in Review
6 of the 5,806 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Poseidon Dynamic Cannabis ETF (PSDN) for Q3 2022, worth a combined $86K — up 146% from $35K a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new PSDN positions and 1 closed out — a net gain of 3 holders — while 0 added to existing stakes and 1 trimmed.
The largest buyer was Wick Capital Partners, opening a new position worth an estimated $48.3K. The largest seller was Jane Street, exiting entirely with an estimated $33K sold.
- 6 institutional investors held AdvisorShares Poseidon Dynamic Cannabis ETF (PSDN) as of Q3 2022, up from 3 in Q2 2022.
- Funds reported $86K of AdvisorShares Poseidon Dynamic Cannabis ETF stock for Q3 2022, up 146% quarter-over-quarter.
- 4 funds opened new AdvisorShares Poseidon Dynamic Cannabis ETF positions in Q3 2022 and 1 closed out, a net change of +3 holders.
- The largest AdvisorShares Poseidon Dynamic Cannabis ETF buyer in Q3 2022 was Wick Capital Partners, an estimated $48.3K added.
- The largest AdvisorShares Poseidon Dynamic Cannabis ETF seller in Q3 2022 was Jane Street, an estimated $33K sold.
Based on aggregated 13F filings for Q3 2022.