AdvisorShares Insider Advantage ETF
SURE
26 hedge funds and large institutions have $8.62M invested in AdvisorShares Insider Advantage ETF in 2020 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 6 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
15.81% more ownership
Funds ownership: 23.47% → 39.28% (+16%)
10% less funds holding
Funds holding: 29 → 26 (-3)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
39% less capital invested
Capital invested by funds: $14M → $8.62M (-$5.39M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$360K |
| 2 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
+$304K |
| 3 |
AIC
Ameritas Investment Company
Lincoln,
Nebraska
|
+$152K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$109K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$50.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$1.51M |
| 2 |
Jane Street
New York
|
-$988K |
| 3 |
WWM
WT Wealth Management
Scottsdale,
Arizona
|
-$233K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$154K |
| 5 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
-$148K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WIM
26
Westside Investment Management
Santa Monica,
California
| $15 | +$18.5K | +267 | New |
|
|
27
HighTower Advisors
Chicago,
Illinois
| – | -$1.51M | -20,228 | Closed |
|
|
28
Jane Street
New York
| – | -$988K | -13,237 | Closed |
|
|
WWM
29
WT Wealth Management
Scottsdale,
Arizona
| – | -$233K | -3,125 | Closed |
|
|
BWA
30
BDO Wealth Advisors
Jacksonville,
Florida
| – | -$135K | -1,815 | Closed |
|
31
Bank of America
Charlotte,
North Carolina
| – | -$9K | -125 | Closed |
|
|
EWM
32
EPG Wealth Management
Atlanta,
Georgia
| – | -$8K | -104 | Closed |
|
SURE Hedge Fund Activity: Q1 2020 in Review
26 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Insider Advantage ETF (SURE) for Q1 2020, worth a combined $8.62M — down 39% from $14M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of SURE and 5 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 8 added.
The largest buyer was Citadel Advisors, adding an estimated $360K. The largest seller was HighTower Advisors, exiting entirely with an estimated $1.51M sold.
- 26 institutional investors held AdvisorShares Insider Advantage ETF (SURE) as of Q1 2020, down from 29 in Q4 2019.
- Funds reported $8.62M of AdvisorShares Insider Advantage ETF stock for Q1 2020, down 39% quarter-over-quarter.
- 5 funds opened new AdvisorShares Insider Advantage ETF positions in Q1 2020 and 6 closed out, a net change of -1 holder.
- The largest AdvisorShares Insider Advantage ETF buyer in Q1 2020 was Citadel Advisors, an estimated $360K added.
- The largest AdvisorShares Insider Advantage ETF seller in Q1 2020 was HighTower Advisors, an estimated $1.51M sold.
Based on aggregated 13F filings for Q1 2020.