AdvisorShares Psychedelics ETF
PSIL
13 hedge funds and large institutions have $411K invested in AdvisorShares Psychedelics ETF in 2024 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 2 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
16% more capital invested
Capital invested by funds: $355K → $411K (+$56.1K)
0.02% less ownership
Funds ownership: 0.56% → 0.54% (-0.02%)
7% less funds holding
Funds holding: 14 → 13 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$28.4K |
| 2 |
SWM
Spire Wealth Management
Mclean,
Virginia
|
+$26.5K |
| 3 |
Corient Private Wealth
Miami,
Florida
|
+$23.5K |
| 4 |
Morgan Stanley
New York
|
+$5.88K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$50.4K |
| 2 |
PWM
Perigon Wealth Management
San Francisco,
California
|
-$882 |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$78 |
PSIL Hedge Fund Activity: Q1 2024 in Review
13 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Psychedelics ETF (PSIL) for Q1 2024, worth a combined $411K — up 16% from $355K a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of PSIL and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 3 added.
The largest buyer was HighTower Advisors, opening a new position worth an estimated $28.4K. The largest seller was Jane Street, exiting entirely with an estimated $50.4K sold.
- 13 institutional investors held AdvisorShares Psychedelics ETF (PSIL) as of Q1 2024, down from 14 in Q4 2023.
- Funds reported $411K of AdvisorShares Psychedelics ETF stock for Q1 2024, up 16% quarter-over-quarter.
- 1 fund opened new AdvisorShares Psychedelics ETF positions in Q1 2024 and 2 closed out, a net change of -1 holder.
- The largest AdvisorShares Psychedelics ETF buyer in Q1 2024 was HighTower Advisors, an estimated $28.4K added.
- The largest AdvisorShares Psychedelics ETF seller in Q1 2024 was Jane Street, an estimated $50.4K sold.
Based on aggregated 13F filings for Q1 2024.