AdvisorShares Insider Advantage ETF
SURE
28 hedge funds and large institutions have $18.9M invested in AdvisorShares Insider Advantage ETF in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 12 reducing their positions, and 6 closing their positions.
10% less funds holding
Funds holding: 31 → 28 (-3)
27% less capital invested
Capital invested by funds: $26M → $18.9M (-$7.13M)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
75% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
+$474K |
| 2 |
SI
SII Investments
Appleton,
Wisconsin
|
+$404K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$230K |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
+$21.7K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$13.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.47M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.04M |
| 3 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
-$776K |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$701K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$682K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GWM
26
Geneos Wealth Management
Englewood,
Colorado
| $5K | – | – | – |
|
|
ASN
27
Advisory Services Network
Atlanta,
Georgia
| $1K | – | – | – |
|
|
MWM
28
Merriman Wealth Management
Seattle,
Washington
| – | -$776K | -14,000 | Closed |
|
|
UR
29
USCA RIA
Houston,
Texas
| – | -$670K | -12,082 | Closed |
|
30
SG Americas Securities
New York
| – | -$664K | -11,975 | Closed |
|
|
TSS
31
Two Sigma Securities
New York
| – | -$233K | -4,195 | Closed |
|
32
Envestnet Asset Management
Chicago,
Illinois
| – | -$62K | -1,121 | Closed |
|
33
Carson Wealth (CWM LLC)
Omaha,
Nebraska
| – | -$6K | -108 | Closed |
|
SURE Hedge Fund Activity: Q3 2016 in Review
28 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Insider Advantage ETF (SURE) for Q3 2016, worth a combined $18.9M — down 27% from $26M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SURE and 4 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 3 added.
The largest buyer was Stifel Financial, opening a new position worth an estimated $474K. The largest seller was Jane Street, cutting an estimated $2.47M.
- 28 institutional investors held AdvisorShares Insider Advantage ETF (SURE) as of Q3 2016, down from 31 in Q2 2016.
- Funds reported $18.9M of AdvisorShares Insider Advantage ETF stock for Q3 2016, down 27% quarter-over-quarter.
- 4 funds opened new AdvisorShares Insider Advantage ETF positions in Q3 2016 and 6 closed out, a net change of -2 holders.
- The largest AdvisorShares Insider Advantage ETF buyer in Q3 2016 was Stifel Financial, an estimated $474K added.
- The largest AdvisorShares Insider Advantage ETF seller in Q3 2016 was Jane Street, an estimated $2.47M sold.
Based on aggregated 13F filings for Q3 2016.