AdvisorShares Poseidon Dynamic Cannabis ETF
PSDN
PSDN was delisted on the 25th of August, 2023.
5 hedge funds and large institutions have $269K invested in AdvisorShares Poseidon Dynamic Cannabis ETF in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 1 closing their positions.
109% more capital invested
Capital invested by funds: $128K → $269K (+$140K)
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
25% more funds holding
Funds holding: 4 → 5 (+1)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$151K |
| 2 |
Jane Street
New York
|
+$50.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$6.15K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$219 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OMC
1
Old Mission Capital
Chicago,
Illinois
| $128K | +$151K | +102,305 | New |
|
2
HighTower Advisors
Chicago,
Illinois
| $98K | – | – | – |
|
|
3
Jane Street
New York
| $42.6K | +$50.2K | +34,092 | New |
|
|
PA
4
Parallel Advisors
San Francisco,
California
| $88 | – | – | – |
|
|
5
UBS Group
Zurich,
Switzerland
| – | -$6.15K | -3,995 | Closed |
|
|
6
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$219 | -149 | -33% |
|
PSDN Hedge Fund Activity: Q1 2023 in Review
5 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Poseidon Dynamic Cannabis ETF (PSDN) for Q1 2023, worth a combined $269K — up 109% from $128K a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new PSDN positions and 1 closed out — a net gain of 1 holder — while 0 added to existing stakes and 1 trimmed.
The largest buyer was Old Mission Capital, opening a new position worth an estimated $151K. The largest seller was UBS Group, exiting entirely with an estimated $6.15K sold.
- 5 institutional investors held AdvisorShares Poseidon Dynamic Cannabis ETF (PSDN) as of Q1 2023, up from 4 in Q4 2022.
- Funds reported $269K of AdvisorShares Poseidon Dynamic Cannabis ETF stock for Q1 2023, up 109% quarter-over-quarter.
- 2 funds opened new AdvisorShares Poseidon Dynamic Cannabis ETF positions in Q1 2023 and 1 closed out, a net change of +1 holder.
- The largest AdvisorShares Poseidon Dynamic Cannabis ETF buyer in Q1 2023 was Old Mission Capital, an estimated $151K added.
- The largest AdvisorShares Poseidon Dynamic Cannabis ETF seller in Q1 2023 was UBS Group, an estimated $6.15K sold.
Based on aggregated 13F filings for Q1 2023.