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AdvisorShares Pure Cannabis ETF

60 hedge funds and large institutions have $2.92M invested in AdvisorShares Pure Cannabis ETF in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 11 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

62% more capital invested

Capital invested by funds: $1.81M → $2.92M (+$1.11M)

18% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 11

1.26% more ownership

Funds ownership: 5.31%6.57% (+1.3%)

8% less funds holding

Funds holding: 6560 (-5)

30% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 10

58% less call options, than puts

Call options by funds: $18K | Put options by funds: $43K

Holders
60
Holders Change
-5
Holders Change %
-7.69%
% of All Funds
0.95%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
13
Reduced
11
Closed
10
Calls
$18K
Puts
$43K
Net Calls
-$25K
Net Calls Change
-$38K
Name Holding Trade Value Shares
Change
Change in
Stake
PWMG
51
Prestige Wealth Management Group
New Jersey
$195
S
52
SignatureFD
Georgia
$141 -$121 -41 -50%
BFPW
53
BOK Financial Private Wealth
Colorado
$137
BCMLT
54
Beacon Capital Management LLC (Tennessee)
Tennessee
$128
AAP
55
Arax Advisory Partners
Colorado
$126
PA
56
Parallel Advisors
California
$103
AWM
57
Abound Wealth Management
Tennessee
$86
FFA
58
Farther Finance Advisors
California
$34
WP
59
WealthShield Partners
North Carolina
$31
NECFA
60
New England Capital Financial Advisors
Connecticut
$4
IAIM
61
International Assets Investment Management
Florida
-$38.6K -10,278 Closed
UBS Group
62
UBS Group
Switzerland
-$5.41K -2,103 Closed
EL
63
EMFO LLC
Florida
-$4.36K -1,695 Closed
CG
64
Cutler Group
California
-$1K -652 Closed
SF
65
Safeguard Financial
Wisconsin
-$1K -500 Closed
GCS
66
Gordian Capital (Singapore)
Singapore
-$1.1K -430 Closed
TH
67
TCTC Holdings
Texas
-$643 -250 Closed
VNA
68
Valley National Advisers
Pennsylvania
-$1K -142 Closed
RMA
69
Roffman Miller Associates
Pennsylvania
-$267 -104 Closed
Fidelity Investments
70
Fidelity Investments
Massachusetts
-$93 -36 Closed

YOLO Hedge Fund Activity: Q3 2023 in Review

60 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Pure Cannabis ETF (YOLO) for Q3 2023, worth a combined $2.92M — up 62% from $1.81M a quarter earlier.

Sellers outnumbered buyers: 10 funds closed out of YOLO and 7 opened new positions — a net loss of 3 holders — while 11 trimmed existing stakes and 13 added.

The largest buyer was Old Mission Capital, adding an estimated $475K. The largest seller was Jane Street, cutting an estimated $196K.

  • 60 institutional investors held AdvisorShares Pure Cannabis ETF (YOLO) as of Q3 2023, down from 65 in Q2 2023.
  • Funds reported $2.92M of AdvisorShares Pure Cannabis ETF stock for Q3 2023, up 62% quarter-over-quarter.
  • 7 funds opened new AdvisorShares Pure Cannabis ETF positions in Q3 2023 and 10 closed out, a net change of -3 holders.
  • The largest AdvisorShares Pure Cannabis ETF buyer in Q3 2023 was Old Mission Capital, an estimated $475K added.
  • The largest AdvisorShares Pure Cannabis ETF seller in Q3 2023 was Jane Street, an estimated $196K sold.

Based on aggregated 13F filings for Q3 2023.