AdvisorShares Poseidon Dynamic Cannabis ETF
PSDN
PSDN was delisted on the 25th of August, 2023.
3 hedge funds and large institutions have $160K invested in AdvisorShares Poseidon Dynamic Cannabis ETF in 2023 Q2 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, 1 reducing their positions, and 3 closing their positions.
40% less funds holding
Funds holding: 5 → 3 (-2)
41% less capital invested
Capital invested by funds: $269K → $160K (-$109K)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$45.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$90.9K |
| 2 |
Jane Street
New York
|
-$42.6K |
| 3 |
PA
Parallel Advisors
San Francisco,
California
|
-$88 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
HighTower Advisors
Chicago,
Illinois
| $88K | – | – | – |
|
|
2
UBS Group
Zurich,
Switzerland
| $44.3K | +$45.6K | +39,238 | New |
|
|
OMC
3
Old Mission Capital
Chicago,
Illinois
| $27.3K | -$90.9K | -78,172 | -76% |
|
|
4
Jane Street
New York
| – | -$42.6K | -34,092 | Closed |
|
|
PA
5
Parallel Advisors
San Francisco,
California
| – | -$88 | -70 | Closed |
|
PSDN Hedge Fund Activity: Q2 2023 in Review
3 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Poseidon Dynamic Cannabis ETF (PSDN) for Q2 2023, worth a combined $160K — down 41% from $269K a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PSDN and 1 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 0 added.
The largest buyer was UBS Group, opening a new position worth an estimated $45.6K. The largest seller was Old Mission Capital, cutting an estimated $90.9K.
- 3 institutional investors held AdvisorShares Poseidon Dynamic Cannabis ETF (PSDN) as of Q2 2023, down from 5 in Q1 2023.
- Funds reported $160K of AdvisorShares Poseidon Dynamic Cannabis ETF stock for Q2 2023, down 41% quarter-over-quarter.
- 1 fund opened new AdvisorShares Poseidon Dynamic Cannabis ETF positions in Q2 2023 and 3 closed out, a net change of -2 holders.
- The largest AdvisorShares Poseidon Dynamic Cannabis ETF buyer in Q2 2023 was UBS Group, an estimated $45.6K added.
- The largest AdvisorShares Poseidon Dynamic Cannabis ETF seller in Q2 2023 was Old Mission Capital, an estimated $90.9K sold.
Based on aggregated 13F filings for Q2 2023.