AdvisorShares Insider Advantage ETF
SURE
38 hedge funds and large institutions have $46.1M invested in AdvisorShares Insider Advantage ETF in 2015 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 7 increasing their positions, 15 reducing their positions, and 1 closing their positions.
900% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 1
31% more funds holding
Funds holding: 29 → 38 (+9)
8% less capital invested
Capital invested by funds: $49.9M → $46.1M (-$3.87M)
53% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
+$2.55M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$1.51M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.35M |
| 4 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
+$545K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$501K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.82M |
| 2 |
UR
USCA RIA
Houston,
Texas
|
-$1.79M |
| 3 |
LPL Financial
San Diego,
California
|
-$1.49M |
| 4 |
PFG
Pacific Financial Group
Bellevue,
Washington
|
-$996K |
| 5 |
OC
Oppenheimer & Co
New York
|
-$779K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Cambridge Investment Research Advisors
Fairfield,
Iowa
| $255K | +$271K | +4,841 | New |
|
|
NPC
27
National Planning Corporation
El Segundo,
California
| $246K | -$17.1K | -306 | -7% |
|
|
IF
28
IRON Financial
Northbrook,
Illinois
| $245K | +$260K | +4,644 | New |
|
29
Citigroup
New York
| $229K | +$5.15K | +92 | +2% |
|
|
ICOA
30
Investment Centers of America
Bismarck,
North Dakota
| $215K | – | – | – |
|
31
Royal Bank of Canada
Toronto,
Ontario, Canada
| $122K | -$237K | -4,236 | -65% |
|
|
AIG
32
American International Group
New York
| $113K | – | – | – |
|
33
First Manhattan
New York
| $65K | – | – | – |
|
|
PSUF
34
People's United Financial
Bridgeport,
Connecticut
| $18K | +$19.6K | +350 | New |
|
35
Creative Planning
Overland Park,
Kansas
| $11K | +$11.2K | +200 | New |
|
36
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $2K | +$2.41K | +43 | New |
|
|
ASN
37
Advisory Services Network
Atlanta,
Georgia
| $1K | – | – | – |
|
|
UR
38
USCA RIA
Houston,
Texas
| – | -$1.79M | -31,252 | Closed |
|
SURE Hedge Fund Activity: Q3 2015 in Review
38 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Insider Advantage ETF (SURE) for Q3 2015, worth a combined $46.1M — down 7.8% from $49.9M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new SURE positions and 1 closed out — a net gain of 9 holders — while 7 added to existing stakes and 15 trimmed.
The largest buyer was Merriman Wealth Management, opening a new position worth an estimated $2.55M. The largest seller was Morgan Stanley, cutting an estimated $1.82M.
- 38 institutional investors held AdvisorShares Insider Advantage ETF (SURE) as of Q3 2015, up from 29 in Q2 2015.
- Funds reported $46.1M of AdvisorShares Insider Advantage ETF stock for Q3 2015, down 7.8% quarter-over-quarter.
- 10 funds opened new AdvisorShares Insider Advantage ETF positions in Q3 2015 and 1 closed out, a net change of +9 holders.
- The largest AdvisorShares Insider Advantage ETF buyer in Q3 2015 was Merriman Wealth Management, an estimated $2.55M added.
- The largest AdvisorShares Insider Advantage ETF seller in Q3 2015 was Morgan Stanley, an estimated $1.82M sold.
Based on aggregated 13F filings for Q3 2015.