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AdvisorShares Insider Advantage ETF

31 hedge funds and large institutions have $26M invested in AdvisorShares Insider Advantage ETF in 2016 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 13 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

11% less funds holding

Funds holding: 3531 (-4)

24% less capital invested

Capital invested by funds: $34.3M → $26M (-$8.33M)

46% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 13

50% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 8

Holders
31
Holders Change
-4
Holders Change %
-11.43%
% of All Funds
0.83%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
4
Increased
7
Reduced
13
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$3.42M -$194K -3,489 -5%
Jane Street
2
Jane Street
New York
$2.65M +$560K +10,086 +27%
MFS
3
MSI Financial Services
Massachusetts
$2.27M -$380K -6,849 -14%
Royal Bank of Canada
4
Royal Bank of Canada
Ontario, Canada
$2.21M +$1.47M +26,421 +197%
Citadel Advisors
5
Citadel Advisors
Florida
$1.88M +$1.36M +24,553 +264%
Susquehanna International Group
6
Susquehanna International Group
Pennsylvania
$1.88M +$1.64M +29,444 +668%
UBS Group
7
UBS Group
Switzerland
$1.69M -$1.83M -33,028 -52%
LPL Financial
8
LPL Financial
California
$1.4M -$2.47M -44,503 -64%
LTFS
9
Ladenburg Thalmann Financial Services
Florida
$1.14M +$4.83K +87 +0.4%
AA
10
Ancora Advisors
Ohio
$1.07M -$98.9K -1,781 -8%
HighTower Advisors
11
HighTower Advisors
Illinois
$939K +$560K +10,085 +146%
MWM
12
Merriman Wealth Management
Washington
$776K -$1.44M -26,000 -65%
Wells Fargo
13
Wells Fargo
California
$705K -$70K -1,261 -9%
UR
14
USCA RIA
Texas
$670K +$671K +12,082 New
SG Americas Securities
15
SG Americas Securities
New York
$664K +$94.4K +1,700 +17%
SG
16
Societe Generale
$664K +$665K +11,975 New
PAS
17
Partnervest Advisory Services
California
$470K
Commonwealth Equity Services
18
Commonwealth Equity Services
Massachusetts
$360K -$1.55M -27,869 -81%
MIM
19
Miller Investment Management
Pennsylvania
$352K
TSS
20
Two Sigma Securities
New York
$233K +$233K +4,195 New
Citigroup
21
Citigroup
New York
$232K -$7.67K -138 -3%
AG
22
Advisor Group
Arizona
$119K +$119K +2,150 New
IA
23
IFP Advisors
Florida
$78K -$271K -4,881 -78%
Envestnet Asset Management
24
Envestnet Asset Management
Illinois
$62K -$2.5K -45 -4%
PSUF
25
People's United Financial
Connecticut
$19K

SURE Hedge Fund Activity: Q2 2016 in Review

31 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Insider Advantage ETF (SURE) for Q2 2016, worth a combined $26M — down 24% from $34.3M a quarter earlier.

Sellers outnumbered buyers: 8 funds closed out of SURE and 4 opened new positions — a net loss of 4 holders — while 13 trimmed existing stakes and 7 added.

The largest buyer was Susquehanna International Group, adding an estimated $1.64M. The largest seller was LPL Financial, cutting an estimated $2.47M.

  • 31 institutional investors held AdvisorShares Insider Advantage ETF (SURE) as of Q2 2016, down from 35 in Q1 2016.
  • Funds reported $26M of AdvisorShares Insider Advantage ETF stock for Q2 2016, down 24% quarter-over-quarter.
  • 4 funds opened new AdvisorShares Insider Advantage ETF positions in Q2 2016 and 8 closed out, a net change of -4 holders.
  • The largest AdvisorShares Insider Advantage ETF buyer in Q2 2016 was Susquehanna International Group, an estimated $1.64M added.
  • The largest AdvisorShares Insider Advantage ETF seller in Q2 2016 was LPL Financial, an estimated $2.47M sold.

Based on aggregated 13F filings for Q2 2016.