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AdvisorShares Insider Advantage ETF
SURE

35 hedge funds and large institutions have $34.3M invested in AdvisorShares Insider Advantage ETF in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 16 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

10% less funds holding

Funds holding: 39 → 35 (-4)

31% less capital invested

Capital invested by funds: $49.4M → $34.3M (-$15.1M)

43% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 7

44% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 16

Holders
35
Holders Change
-4
Holders Change %
-10.26%
% of All Funds
0.93%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
4
Increased
9
Reduced
16
Closed
7
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
MWM
Merriman Wealth Management
Washington
+$2.1M
2
Commonwealth Equity Services
Commonwealth Equity Services
Massachusetts
+$1.8M
3
WA1
Wimmer Associates 1
California
+$570K
4
SG Americas Securities
SG Americas Securities
New York
+$539K
5
VFS
VSR Financial Services
Kansas
+$411K

Top Sellers

Rank Fund Capital Flow
1
LPL Financial
LPL Financial
California
-$9.1M
2
Morgan Stanley
Morgan Stanley
New York
-$2.79M
3
Jane Street
Jane Street
New York
-$2.41M
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$1.2M
5
Citadel Advisors
Citadel Advisors
Florida
-$1.14M
Name Holding Trade Value Shares
Change 		Change in
Stake
Citigroup
26
Citigroup
New York
$243K +$8.5K +162 +4%
AIG
27
American International Group
New York
$121K -$322K -6,137 -74%
Envestnet Asset Management
28
Envestnet Asset Management
Illinois
$66K -$8.6K -164 -12%
Carson Wealth (CWM LLC)
29
Carson Wealth (CWM LLC)
Nebraska
$35K -$158K -3,006 -83%
PSUF
30
People's United Financial
Connecticut
$20K – – –
First Manhattan
31
First Manhattan
New York
$18K -$46.2K -881 -73%
Creative Planning
32
Creative Planning
Kansas
$13K -$10.5K -200 -46%
GWM
33
Geneos Wealth Management
Colorado
$5K +$5.25K +100 New
ASN
34
Advisory Services Network
Georgia
$1K – – –
MIAN
35
Mariner Independent Advisor Network
Kansas
– -$1.06M -19,540 Closed
FAAS
36
First Allied Advisory Services
California
– -$957K -17,916 Closed
WRM
37
Westport Resources Management
Connecticut
– -$416K -7,699 Closed
BCM
38
Beck Capital Management
Texas
– -$364K -6,739 Closed
Cambridge Investment Research Advisors
39
Cambridge Investment Research Advisors
Iowa
– -$262K -4,845 Closed
RFA
40
Reilly Financial Advisors
California
– -$50K -925 Closed
ADL
41
Asset Dedication LLC
California
– -$15K -270 Closed
1
2

SURE Hedge Fund Activity: Q1 2016 in Review

35 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Insider Advantage ETF (SURE) for Q1 2016, worth a combined $34.3M — down 31% from $49.4M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of SURE and 4 opened new positions — a net loss of 3 holders — while 16 trimmed existing stakes and 9 added.

The largest buyer was Merriman Wealth Management, opening a new position worth an estimated $2.1M. The largest seller was LPL Financial, cutting an estimated $9.1M.

  • 35 institutional investors held AdvisorShares Insider Advantage ETF (SURE) as of Q1 2016, down from 39 in Q4 2015.
  • Funds reported $34.3M of AdvisorShares Insider Advantage ETF stock for Q1 2016, down 31% quarter-over-quarter.
  • 4 funds opened new AdvisorShares Insider Advantage ETF positions in Q1 2016 and 7 closed out, a net change of -3 holders.
  • The largest AdvisorShares Insider Advantage ETF buyer in Q1 2016 was Merriman Wealth Management, an estimated $2.1M added.
  • The largest AdvisorShares Insider Advantage ETF seller in Q1 2016 was LPL Financial, an estimated $9.1M sold.

Based on aggregated 13F filings for Q1 2016.