AdvisorShares Poseidon Dynamic Cannabis ETF
PSDN
PSDN was delisted on the 25th of August, 2023.
4 hedge funds and large institutions have $128K invested in AdvisorShares Poseidon Dynamic Cannabis ETF in 2022 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 0 reducing their positions, and 3 closing their positions.
49% more capital invested
Capital invested by funds: $86K → $128K (+$42.3K)
33% less funds holding
Funds holding: 6 → 4 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$185K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$8.31K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$819 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WCP
Wick Capital Partners
Wayne,
Pennsylvania
|
-$37K |
| 2 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$27K |
| 3 |
GG
Gofen & Glossberg
Chicago,
Illinois
|
-$21K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
HighTower Advisors
Chicago,
Illinois
| $121K | +$185K | +78,700 | New |
|
|
2
UBS Group
Zurich,
Switzerland
| $6.15K | +$8.31K | +3,541 | +780% |
|
|
3
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1K | +$819 | +349 | +349% |
|
|
PA
4
Parallel Advisors
San Francisco,
California
| $108 | – | – | – |
|
|
WCP
5
Wick Capital Partners
Wayne,
Pennsylvania
| – | -$37K | -17,428 | Closed |
|
|
KAS
6
Kestra Advisory Services
Austin,
Texas
| – | -$27K | -12,930 | Closed |
|
|
GG
7
Gofen & Glossberg
Chicago,
Illinois
| – | -$21K | -10,000 | Closed |
|
PSDN Hedge Fund Activity: Q4 2022 in Review
4 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Poseidon Dynamic Cannabis ETF (PSDN) for Q4 2022, worth a combined $128K — up 49% from $86K a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PSDN and 1 opened new positions — a net loss of 2 holders — while 0 trimmed existing stakes and 2 added.
The largest buyer was HighTower Advisors, opening a new position worth an estimated $185K. The largest seller was Wick Capital Partners, exiting entirely with an estimated $37K sold.
- 4 institutional investors held AdvisorShares Poseidon Dynamic Cannabis ETF (PSDN) as of Q4 2022, down from 6 in Q3 2022.
- Funds reported $128K of AdvisorShares Poseidon Dynamic Cannabis ETF stock for Q4 2022, up 49% quarter-over-quarter.
- 1 fund opened new AdvisorShares Poseidon Dynamic Cannabis ETF positions in Q4 2022 and 3 closed out, a net change of -2 holders.
- The largest AdvisorShares Poseidon Dynamic Cannabis ETF buyer in Q4 2022 was HighTower Advisors, an estimated $185K added.
- The largest AdvisorShares Poseidon Dynamic Cannabis ETF seller in Q4 2022 was Wick Capital Partners, an estimated $37K sold.
Based on aggregated 13F filings for Q4 2022.