AdvisorShares Insider Advantage ETF
SURE
31 hedge funds and large institutions have $30.9M invested in AdvisorShares Insider Advantage ETF in 2014 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 16 increasing their positions, 4 reducing their positions, and 5 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 4
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
33% more capital invested
Capital invested by funds: $23.2M → $30.9M (+$7.69M)
11% more funds holding
Funds holding: 28 → 31 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIMC
NWQ Investment Management Company
Los Angeles,
California
|
+$4.2M |
| 2 |
LPL Financial
San Diego,
California
|
+$732K |
| 3 |
AI
Atria Investments
Charlotte,
North Carolina
|
+$547K |
| 4 |
Morgan Stanley
New York
|
+$339K |
| 5 |
WSCM
Wellington Shields Capital Management
New York
|
+$291K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KFS
KMS Financial Services
Seattle,
Washington
|
-$260K |
| 2 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$211K |
| 3 |
APCM
Arbiter Partners Capital Management
New York
|
-$201K |
| 4 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
-$50K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$37.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
First Manhattan
New York
| $63K | – | – | – |
|
|
NFG
27
Next Financial Group
Houston,
Texas
| $43K | +$42.7K | +850 | New |
|
28
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $26K | +$25.1K | +500 | New |
|
|
SFSIG
29
San Francisco Sentry Investment Group
San Francisco,
California
| $10K | – | – | – |
|
30
Wells Fargo
San Francisco,
California
| $7K | +$6.63K | +132 | New |
|
31
Ameriprise
Minneapolis,
Minnesota
| $5K | +$5.02K | +100 | New |
|
|
KFS
32
KMS Financial Services
Seattle,
Washington
| – | -$260K | -5,234 | Closed |
|
|
AWA
33
Arete Wealth Advisors
Chicago,
Illinois
| – | -$211K | -4,243 | Closed |
|
|
BRWM
34
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$50K | -1,000 | Closed |
|
|
MIM
35
Macroview Investment Management
Bethesda,
Maryland
| – | -$5K | -100 | Closed |
|
36
Creative Planning
Overland Park,
Kansas
| – | -$1K | -15 | Closed |
|
SURE Hedge Fund Activity: Q2 2014 in Review
31 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Insider Advantage ETF (SURE) for Q2 2014, worth a combined $30.9M — up 33% from $23.2M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new SURE positions and 5 closed out — a net gain of 3 holders — while 16 added to existing stakes and 4 trimmed.
The largest buyer was NWQ Investment Management Company, opening a new position worth an estimated $4.2M. The largest seller was KMS Financial Services, exiting entirely with an estimated $260K sold.
- 31 institutional investors held AdvisorShares Insider Advantage ETF (SURE) as of Q2 2014, up from 28 in Q1 2014.
- Funds reported $30.9M of AdvisorShares Insider Advantage ETF stock for Q2 2014, up 33% quarter-over-quarter.
- 8 funds opened new AdvisorShares Insider Advantage ETF positions in Q2 2014 and 5 closed out, a net change of +3 holders.
- The largest AdvisorShares Insider Advantage ETF buyer in Q2 2014 was NWQ Investment Management Company, an estimated $4.2M added.
- The largest AdvisorShares Insider Advantage ETF seller in Q2 2014 was KMS Financial Services, an estimated $260K sold.
Based on aggregated 13F filings for Q2 2014.