AdvisorShares Pure Cannabis ETF
YOLO
65 hedge funds and large institutions have $1.81M invested in AdvisorShares Pure Cannabis ETF in 2023 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 15 increasing their positions, 14 reducing their positions, and 12 closing their positions.
57% more call options, than puts
Call options by funds: $36K | Put options by funds: $23K
7% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 14
2.73% less ownership
Funds ownership: 8.04% → 5.31% (-2.7%)
8% less funds holding
Funds holding: 71 → 65 (-6)
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
55% less capital invested
Capital invested by funds: $4.04M → $1.81M (-$2.23M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$94.9K |
| 2 |
Jane Street
New York
|
+$91.1K |
| 3 |
IAIM
International Assets Investment Management
Orlando,
Florida
|
+$27.9K |
| 4 |
MA
Mutual Advisors
Omaha,
Nebraska
|
+$27.3K |
| 5 |
Wealthfront Advisers
Palo Alto,
California
|
+$18.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBP
Banco BTG Pactual
Rio De Janeiro,
Brazil
|
-$1.12M |
| 2 |
Cerity Partners
New York
|
-$1.09M |
| 3 |
HF
HRT Financial
New York
|
-$46K |
| 4 |
LPL Financial
San Diego,
California
|
-$36.1K |
| 5 |
ES
ETF Store
Overland Park,
Kansas
|
-$26.5K |
YOLO Hedge Fund Activity: Q2 2023 in Review
65 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Pure Cannabis ETF (YOLO) for Q2 2023, worth a combined $1.81M — down 55% from $4.04M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of YOLO and 6 opened new positions — a net loss of 6 holders — while 14 trimmed existing stakes and 15 added.
The largest buyer was Old Mission Capital, adding an estimated $94.9K. The largest seller was Banco BTG Pactual, exiting entirely with an estimated $1.12M sold.
- 65 institutional investors held AdvisorShares Pure Cannabis ETF (YOLO) as of Q2 2023, down from 71 in Q1 2023.
- Funds reported $1.81M of AdvisorShares Pure Cannabis ETF stock for Q2 2023, down 55% quarter-over-quarter.
- 6 funds opened new AdvisorShares Pure Cannabis ETF positions in Q2 2023 and 12 closed out, a net change of -6 holders.
- The largest AdvisorShares Pure Cannabis ETF buyer in Q2 2023 was Old Mission Capital, an estimated $94.9K added.
- The largest AdvisorShares Pure Cannabis ETF seller in Q2 2023 was Banco BTG Pactual, an estimated $1.12M sold.
Based on aggregated 13F filings for Q2 2023.