AdvisorShares Insider Advantage ETF
SURE
28 hedge funds and large institutions have $23.2M invested in AdvisorShares Insider Advantage ETF in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 11 increasing their positions, 3 reducing their positions, and 5 closing their positions.
267% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 3
80% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 5
20% more capital invested
Capital invested by funds: $19.4M → $23.2M (+$3.85M)
17% more funds holding
Funds holding: 24 → 28 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$2.48M |
| 2 |
AI
Atria Investments
Charlotte,
North Carolina
|
+$673K |
| 3 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$620K |
| 4 |
Morgan Stanley
New York
|
+$450K |
| 5 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$305K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
-$1.38M |
| 2 |
LPL Financial
San Diego,
California
|
-$476K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$476K |
| 4 |
APCM
Arbiter Partners Capital Management
New York
|
-$453K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$274K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFSIG
26
San Francisco Sentry Investment Group
San Francisco,
California
| $10K | – | – | – |
|
|
MIM
27
Macroview Investment Management
Bethesda,
Maryland
| $5K | +$4.84K | +100 | New |
|
28
Creative Planning
Overland Park,
Kansas
| $1K | +$727 | +15 | New |
|
|
MWM
29
Merriman Wealth Management
Seattle,
Washington
| – | -$1.38M | -28,400 | Closed |
|
|
30
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$476K | -9,825 | Closed |
|
|
31
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$274K | -5,646 | Closed |
|
|
PI
32
Placemark Investments
Chicago,
Illinois
| – | -$224K | -4,621 | Closed |
|
|
ASN
33
Advisory Services Network
Atlanta,
Georgia
| – | -$47K | -969 | Closed |
|
SURE Hedge Fund Activity: Q1 2014 in Review
28 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Insider Advantage ETF (SURE) for Q1 2014, worth a combined $23.2M — up 20% from $19.4M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new SURE positions and 5 closed out — a net gain of 4 holders — while 11 added to existing stakes and 3 trimmed.
The largest buyer was United Capital Financial Advisors, opening a new position worth an estimated $2.48M. The largest seller was Merriman Wealth Management, exiting entirely with an estimated $1.38M sold.
- 28 institutional investors held AdvisorShares Insider Advantage ETF (SURE) as of Q1 2014, up from 24 in Q4 2013.
- Funds reported $23.2M of AdvisorShares Insider Advantage ETF stock for Q1 2014, up 20% quarter-over-quarter.
- 9 funds opened new AdvisorShares Insider Advantage ETF positions in Q1 2014 and 5 closed out, a net change of +4 holders.
- The largest AdvisorShares Insider Advantage ETF buyer in Q1 2014 was United Capital Financial Advisors, an estimated $2.48M added.
- The largest AdvisorShares Insider Advantage ETF seller in Q1 2014 was Merriman Wealth Management, an estimated $1.38M sold.
Based on aggregated 13F filings for Q1 2014.