AdvisorShares Insider Advantage ETF
SURE
36 hedge funds and large institutions have $21.3M invested in AdvisorShares Insider Advantage ETF in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 12 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
9% more funds holding
Funds holding: 33 → 36 (+3)
7% less capital invested
Capital invested by funds: $23M → $21.3M (-$1.65M)
33% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 12
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.6M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$1.05M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$871K |
| 4 |
Goldman Sachs
New York
|
+$255K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
+$210K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFS
Madrona Financial Services
Everett,
Washington
|
-$4.37M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.12M |
| 3 |
Morgan Stanley
New York
|
-$317K |
| 4 |
LPL Financial
San Diego,
California
|
-$237K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$190K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
SG Americas Securities
New York
| $111K | – | – | – |
|
|
SFSIG
27
San Francisco Sentry Investment Group
San Francisco,
California
| $79K | +$77.5K | +1,192 | New |
|
|
PRS
28
Pinkerton Retirement Specialists
Coeur D Alene,
Idaho
| $24K | +$23.4K | +360 | New |
|
|
PSUF
29
People's United Financial
Bridgeport,
Connecticut
| $23K | – | – | – |
|
|
WIM
30
Westside Investment Management
Santa Monica,
California
| $17.7K | +$17.4K | +267 | New |
|
31
Creative Planning
Overland Park,
Kansas
| $15K | – | – | – |
|
|
FDCDDQ
32
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $10.3K | – | – | – |
|
33
Bank of America
Charlotte,
North Carolina
| $6K | +$65 | +1 | +1% |
|
34
First Manhattan
New York
| $4K | -$2.21K | -34 | -33% |
|
|
ASN
35
Advisory Services Network
Atlanta,
Georgia
| $1K | – | – | – |
|
|
MFS
36
Madrona Financial Services
Everett,
Washington
| – | -$4.37M | -66,810 | Closed |
|
|
37
Citadel Advisors
Miami,
Florida
| – | -$1.12M | -17,144 | Closed |
|
|
TRCT
38
Tower Research Capital (TRC)
New York
| – | -$8K | -119 | Closed |
|
SURE Hedge Fund Activity: Q2 2017 in Review
36 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Insider Advantage ETF (SURE) for Q2 2017, worth a combined $21.3M — down 7.2% from $23M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new SURE positions and 3 closed out — a net gain of 4 holders — while 8 added to existing stakes and 12 trimmed.
The largest buyer was Jane Street, adding an estimated $1.6M. The largest seller was Madrona Financial Services, exiting entirely with an estimated $4.37M sold.
- 36 institutional investors held AdvisorShares Insider Advantage ETF (SURE) as of Q2 2017, up from 33 in Q1 2017.
- Funds reported $21.3M of AdvisorShares Insider Advantage ETF stock for Q2 2017, down 7.2% quarter-over-quarter.
- 7 funds opened new AdvisorShares Insider Advantage ETF positions in Q2 2017 and 3 closed out, a net change of +4 holders.
- The largest AdvisorShares Insider Advantage ETF buyer in Q2 2017 was Jane Street, an estimated $1.6M added.
- The largest AdvisorShares Insider Advantage ETF seller in Q2 2017 was Madrona Financial Services, an estimated $4.37M sold.
Based on aggregated 13F filings for Q2 2017.