AdvisorShares Insider Advantage ETF
SURE
35 hedge funds and large institutions have $34.3M invested in AdvisorShares Insider Advantage ETF in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 16 reducing their positions, and 7 closing their positions.
10% less funds holding
Funds holding: 39 → 35 (-4)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
44% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 16
71% less capital inflows, than outflows
Capital inflows: $6.26M | Capital outflows: $21.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Merriman Wealth Management
Seattle,
Washington
|
+$2.1M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.8M |
| 3 |
WA1
Wimmer Associates 1
Pasadena,
California
|
+$570K |
| 4 |
SG Americas Securities
New York
|
+$539K |
| 5 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
+$411K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$9.1M |
| 2 |
Morgan Stanley
New York
|
-$2.79M |
| 3 |
Jane Street
New York
|
-$2.41M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.2M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.14M |
SURE Hedge Fund Activity: Q1 2016 in Review
35 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Insider Advantage ETF (SURE) for Q1 2016, worth a combined $34.3M — down 31% from $49.4M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of SURE and 4 opened new positions — a net loss of 3 holders — while 16 trimmed existing stakes and 9 added.
The largest buyer was Merriman Wealth Management, opening a new position worth an estimated $2.1M. The largest seller was LPL Financial, cutting an estimated $9.1M.
- 35 institutional investors held AdvisorShares Insider Advantage ETF (SURE) as of Q1 2016, down from 39 in Q4 2015.
- Funds reported $34.3M of AdvisorShares Insider Advantage ETF stock for Q1 2016, down 31% quarter-over-quarter.
- 4 funds opened new AdvisorShares Insider Advantage ETF positions in Q1 2016 and 7 closed out, a net change of -3 holders.
- The largest AdvisorShares Insider Advantage ETF buyer in Q1 2016 was Merriman Wealth Management, an estimated $2.1M added.
- The largest AdvisorShares Insider Advantage ETF seller in Q1 2016 was LPL Financial, an estimated $9.1M sold.
Based on aggregated 13F filings for Q1 2016.