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AdvisorShares Insider Advantage ETF

24 hedge funds and large institutions have $19.4M invested in AdvisorShares Insider Advantage ETF in 2013 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 2 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

450% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 2

300% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 2

35% more capital invested

Capital invested by funds: $14.4M → $19.4M (+$5M)

33% more funds holding

Funds holding: 1824 (+6)

Holders
24
Holders Change
+6
Holders Change %
+33.33%
% of All Funds
0.7%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
11
Reduced
2
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$7.57M +$1.65M +35,782 +30%
AI
2
Atria Investments
North Carolina
$1.54M +$145K +3,150 +11%
MWM
3
Merriman Wealth Management
Washington
$1.38M
Morgan Stanley
4
Morgan Stanley
New York
$1.25M +$1.19M +25,801 New
BCI
5
Brinker Capital Investments
Pennsylvania
$1.16M +$690K +15,000 +167%
U
6
UBS
Switzerland
$917K +$696K +15,125 +400%
APCM
7
Arbiter Partners Capital Management
New York
$890K -$2.84M -61,648 -77%
MFS
8
MSI Financial Services
Massachusetts
$742K +$704K +15,296 New
AA
9
Ancora Advisors
Ohio
$613K +$261K +5,671 +81%
FAAS
10
First Allied Advisory Services
California
$593K +$560K +12,177 New
Cambridge Investment Research Advisors
11
Cambridge Investment Research Advisors
Iowa
$476K -$700K -15,215 -61%
BCM
12
Beck Capital Management
Texas
$437K +$431K +9,370 New
OC
13
Oppenheimer & Co
New York
$396K +$375K +8,159 New
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$274K +$260K +5,646 New
ICAS
15
Investors Capital Advisory Services
Massachusetts
$266K +$253K +5,500 New
PI
16
Placemark Investments
Illinois
$224K +$2.35K +51 +1%
PAS
17
Partnervest Advisory Services
California
$183K +$68K +1,478 +65%
BRWA
18
B. Riley Wealth Advisors
Florida
$137K +$22K +479 +20%
AIG
19
American International Group
New York
$96.5K +$4.51K +98 +5%
Citigroup
20
Citigroup
New York
$75K +$50.6K +1,100 +244%
First Manhattan
21
First Manhattan
New York
$59K
ASN
22
Advisory Services Network
Georgia
$47K +$44.6K +969 New
NES
23
New England Securities
New York
$39K +$6.9K +150 +23%
SFSIG
24
San Francisco Sentry Investment Group
California
$10K
BAM
25
Burnham Asset Management
New York
-$232K -5,300 Closed

SURE Hedge Fund Activity: Q4 2013 in Review

24 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Insider Advantage ETF (SURE) for Q4 2013, worth a combined $19.4M — up 35% from $14.4M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new SURE positions and 2 closed out — a net gain of 6 holders — while 11 added to existing stakes and 2 trimmed.

The largest buyer was LPL Financial, adding an estimated $1.65M. The largest seller was Arbiter Partners Capital Management, cutting an estimated $2.84M.

  • 24 institutional investors held AdvisorShares Insider Advantage ETF (SURE) as of Q4 2013, up from 18 in Q3 2013.
  • Funds reported $19.4M of AdvisorShares Insider Advantage ETF stock for Q4 2013, up 35% quarter-over-quarter.
  • 8 funds opened new AdvisorShares Insider Advantage ETF positions in Q4 2013 and 2 closed out, a net change of +6 holders.
  • The largest AdvisorShares Insider Advantage ETF buyer in Q4 2013 was LPL Financial, an estimated $1.65M added.
  • The largest AdvisorShares Insider Advantage ETF seller in Q4 2013 was Arbiter Partners Capital Management, an estimated $2.84M sold.

Based on aggregated 13F filings for Q4 2013.