AdvisorShares Pure Cannabis ETF
YOLO
34 hedge funds and large institutions have $5.68M invested in AdvisorShares Pure Cannabis ETF in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 5 reducing their positions, and 8 closing their positions.
140% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 5
50% more capital invested
Capital invested by funds: $3.78M → $5.68M (+$1.9M)
1.75% more ownership
Funds ownership: 8.27% → 10.03% (+1.8%)
6% less funds holding
Funds holding: 36 → 34 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
50% less call options, than puts
Call options by funds: $150K | Put options by funds: $298K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ADBIC
A.D. Beadell Investment Counsel
Mequon,
Wisconsin
|
+$599K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$342K |
| 3 |
LPL Financial
San Diego,
California
|
+$313K |
| 4 |
Jane Street
New York
|
+$227K |
| 5 |
AA
Alesco Advisors
Pittsford,
New York
|
+$143K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
AE Wealth Management
Topeka,
Kansas
|
-$59.7K |
| 2 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
-$52.1K |
| 3 |
BCV
Banque Cantonale Vaudoise
Lausanne,
Switzerland
|
-$31.5K |
| 4 |
EWA
Evolution Wealth Advisors
Aventura,
Florida
|
-$21K |
| 5 |
MA
Modus Advisors
Excelsior,
Minnesota
|
-$12K |
YOLO Hedge Fund Activity: Q3 2020 in Review
34 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Pure Cannabis ETF (YOLO) for Q3 2020, worth a combined $5.68M — up 50% from $3.78M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of YOLO and 6 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 12 added.
The largest buyer was A.D. Beadell Investment Counsel, opening a new position worth an estimated $599K. The largest seller was AE Wealth Management, cutting an estimated $59.7K.
- 34 institutional investors held AdvisorShares Pure Cannabis ETF (YOLO) as of Q3 2020, down from 36 in Q2 2020.
- Funds reported $5.68M of AdvisorShares Pure Cannabis ETF stock for Q3 2020, up 50% quarter-over-quarter.
- 6 funds opened new AdvisorShares Pure Cannabis ETF positions in Q3 2020 and 8 closed out, a net change of -2 holders.
- The largest AdvisorShares Pure Cannabis ETF buyer in Q3 2020 was A.D. Beadell Investment Counsel, an estimated $599K added.
- The largest AdvisorShares Pure Cannabis ETF seller in Q3 2020 was AE Wealth Management, an estimated $59.7K sold.
Based on aggregated 13F filings for Q3 2020.