AdvisorShares Insider Advantage ETF
SURE
31 hedge funds and large institutions have $26M invested in AdvisorShares Insider Advantage ETF in 2016 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 13 reducing their positions, and 8 closing their positions.
11% less funds holding
Funds holding: 35 → 31 (-4)
24% less capital invested
Capital invested by funds: $34.3M → $26M (-$8.33M)
46% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 13
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.64M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.47M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.36M |
| 4 |
UR
USCA RIA
Houston,
Texas
|
+$671K |
| 5 |
Jane Street
New York
|
+$560K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$2.47M |
| 2 |
Stifel Financial
St. Louis,
Missouri
|
-$2.03M |
| 3 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
-$1.96M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.83M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.55M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Creative Planning
Overland Park,
Kansas
| $13K | – | – | – |
|
27
First Manhattan
New York
| $9K | -$8.55K | -154 | -48% |
|
28
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| $6K | -$28.8K | -518 | -83% |
|
|
GWM
29
Geneos Wealth Management
Englewood,
Colorado
| $5K | – | – | – |
|
|
ASN
30
Advisory Services Network
Atlanta,
Georgia
| $1K | – | – | – |
|
|
31
Stifel Financial
St. Louis,
Missouri
| – | -$2.03M | -36,137 | Closed |
|
|
VFS
32
VSR Financial Services
Overland Park,
Kansas
| – | -$1.96M | -34,763 | Closed |
|
|
WA1
33
Wimmer Associates 1
Pasadena,
California
| – | -$1.29M | -23,006 | Closed |
|
34
Northern Trust
Chicago,
Illinois
| – | -$652K | -11,585 | Closed |
|
|
OC
35
Oppenheimer & Co
New York
| – | -$316K | -5,626 | Closed |
|
|
ICAS
36
Investors Capital Advisory Services
Lynnfield,
Massachusetts
| – | -$309K | -5,500 | Closed |
|
|
IF
37
IRON Financial
Northbrook,
Illinois
| – | -$261K | -4,644 | Closed |
|
|
AIG
38
American International Group
New York
| – | -$121K | -2,150 | Closed |
|
SURE Hedge Fund Activity: Q2 2016 in Review
31 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Insider Advantage ETF (SURE) for Q2 2016, worth a combined $26M — down 24% from $34.3M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of SURE and 4 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 7 added.
The largest buyer was Susquehanna International Group, adding an estimated $1.64M. The largest seller was LPL Financial, cutting an estimated $2.47M.
- 31 institutional investors held AdvisorShares Insider Advantage ETF (SURE) as of Q2 2016, down from 35 in Q1 2016.
- Funds reported $26M of AdvisorShares Insider Advantage ETF stock for Q2 2016, down 24% quarter-over-quarter.
- 4 funds opened new AdvisorShares Insider Advantage ETF positions in Q2 2016 and 8 closed out, a net change of -4 holders.
- The largest AdvisorShares Insider Advantage ETF buyer in Q2 2016 was Susquehanna International Group, an estimated $1.64M added.
- The largest AdvisorShares Insider Advantage ETF seller in Q2 2016 was LPL Financial, an estimated $2.47M sold.
Based on aggregated 13F filings for Q2 2016.