AdvisorShares Psychedelics ETF
PSIL
15 hedge funds and large institutions have $381K invested in AdvisorShares Psychedelics ETF in 2024 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
15% more funds holding
Funds holding: 13 → 15 (+2)
0.14% more ownership
Funds ownership: 0.54% → 0.68% (+0.14%)
7% less capital invested
Capital invested by funds: $410K → $381K (-$28.6K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$113K |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$21.5K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$10.9K |
| 4 |
SWM
Spire Wealth Management
Mclean,
Virginia
|
+$4.77K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$2.85K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GWS
Glassman Wealth Services
Vienna,
Virginia
|
-$6.71K |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.6K |
| 3 |
PWM
Perigon Wealth Management
San Francisco,
California
|
-$1.42K |
| 4 |
B
Birchbrook
Bangor,
Maine
|
-$522 |
PSIL Hedge Fund Activity: Q2 2024 in Review
15 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Psychedelics ETF (PSIL) for Q2 2024, worth a combined $381K — down 7% from $410K a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new PSIL positions and 3 closed out — a net gain of 2 holders — while 2 added to existing stakes and 1 trimmed.
The largest buyer was CIBC Private Wealth Group, opening a new position worth an estimated $113K. The largest seller was Glassman Wealth Services, exiting entirely with an estimated $6.71K sold.
- 15 institutional investors held AdvisorShares Psychedelics ETF (PSIL) as of Q2 2024, up from 13 in Q1 2024.
- Funds reported $381K of AdvisorShares Psychedelics ETF stock for Q2 2024, down 7% quarter-over-quarter.
- 5 funds opened new AdvisorShares Psychedelics ETF positions in Q2 2024 and 3 closed out, a net change of +2 holders.
- The largest AdvisorShares Psychedelics ETF buyer in Q2 2024 was CIBC Private Wealth Group, an estimated $113K added.
- The largest AdvisorShares Psychedelics ETF seller in Q2 2024 was Glassman Wealth Services, an estimated $6.71K sold.
Based on aggregated 13F filings for Q2 2024.