AdvisorShares Insider Advantage ETF
SURE
30 hedge funds and large institutions have $19.2M invested in AdvisorShares Insider Advantage ETF in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 15 reducing their positions, and 7 closing their positions.
10% less capital invested
Capital invested by funds: $21.3M → $19.2M (-$2.11M)
17% less funds holding
Funds holding: 36 → 30 (-6)
60% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 15
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$1.08M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$770K |
| 3 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$119K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
+$71.1K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
+$19.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$903K |
| 2 |
OC
Oppenheimer & Co
New York
|
-$533K |
| 3 |
Jane Street
New York
|
-$519K |
| 4 |
Goldman Sachs
New York
|
-$260K |
| 5 |
Morgan Stanley
New York
|
-$248K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WIM
26
Westside Investment Management
Santa Monica,
California
| $18K | – | – | – |
|
|
FDCDDQ
27
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $10.5K | – | – | – |
|
28
First Manhattan
New York
| $4K | – | – | – |
|
|
ASN
29
Advisory Services Network
Atlanta,
Georgia
| $1K | – | – | – |
|
|
OC
30
Oppenheimer & Co
New York
| – | -$533K | -8,042 | Closed |
|
|
31
Goldman Sachs
New York
| – | -$260K | -3,922 | Closed |
|
32
MML Investors Services
Springfield,
Massachusetts
| – | -$214K | -3,225 | Closed |
|
|
PRS
33
Pinkerton Retirement Specialists
Coeur D Alene,
Idaho
| – | -$24K | -360 | Closed |
|
|
PSUF
34
People's United Financial
Bridgeport,
Connecticut
| – | -$23K | -350 | Closed |
|
35
Creative Planning
Overland Park,
Kansas
| – | -$15K | -231 | Closed |
|
36
Bank of America
Charlotte,
North Carolina
| – | -$6K | -87 | Closed |
|
SURE Hedge Fund Activity: Q3 2017 in Review
30 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Insider Advantage ETF (SURE) for Q3 2017, worth a combined $19.2M — down 9.9% from $21.3M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SURE and 2 opened new positions — a net loss of 5 holders — while 15 trimmed existing stakes and 6 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $1.08M. The largest seller was Susquehanna International Group, cutting an estimated $903K.
- 30 institutional investors held AdvisorShares Insider Advantage ETF (SURE) as of Q3 2017, down from 36 in Q2 2017.
- Funds reported $19.2M of AdvisorShares Insider Advantage ETF stock for Q3 2017, down 9.9% quarter-over-quarter.
- 2 funds opened new AdvisorShares Insider Advantage ETF positions in Q3 2017 and 7 closed out, a net change of -5 holders.
- The largest AdvisorShares Insider Advantage ETF buyer in Q3 2017 was Virtu Financial, an estimated $1.08M added.
- The largest AdvisorShares Insider Advantage ETF seller in Q3 2017 was Susquehanna International Group, an estimated $903K sold.
Based on aggregated 13F filings for Q3 2017.