AdvisorShares Pure Cannabis ETF
YOLO
61 hedge funds and large institutions have $3.48M invested in AdvisorShares Pure Cannabis ETF in 2024 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 6 closing their positions.
294% more call options, than puts
Call options by funds: $63K | Put options by funds: $16K
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
5% more funds holding
Funds holding: 58 → 61 (+3)
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
2.89% less ownership
Funds ownership: 10.91% → 8.02% (-2.9%)
39% less capital invested
Capital invested by funds: $5.71M → $3.48M (-$2.23M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$172K |
| 2 |
IWM
IHT Wealth Management
Chicago,
Illinois
|
+$49.3K |
| 3 |
PCA
Pallas Capital Advisors
Braintree,
Massachusetts
|
+$40.3K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$37.1K |
| 5 |
Wealthfront Advisers
Palo Alto,
California
|
+$35.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$950K |
| 2 |
Jane Street
New York
|
-$620K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$126K |
| 4 |
TAM
Tocqueville Asset Management
New York
|
-$44.4K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$26.5K |
YOLO Hedge Fund Activity: Q2 2024 in Review
61 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Pure Cannabis ETF (YOLO) for Q2 2024, worth a combined $3.48M — down 39% from $5.71M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new YOLO positions and 6 closed out — a net gain of 3 holders — while 13 added to existing stakes and 14 trimmed.
The largest buyer was NewEdge Advisors, adding an estimated $172K. The largest seller was Old Mission Capital, cutting an estimated $950K.
- 61 institutional investors held AdvisorShares Pure Cannabis ETF (YOLO) as of Q2 2024, up from 58 in Q1 2024.
- Funds reported $3.48M of AdvisorShares Pure Cannabis ETF stock for Q2 2024, down 39% quarter-over-quarter.
- 9 funds opened new AdvisorShares Pure Cannabis ETF positions in Q2 2024 and 6 closed out, a net change of +3 holders.
- The largest AdvisorShares Pure Cannabis ETF buyer in Q2 2024 was NewEdge Advisors, an estimated $172K added.
- The largest AdvisorShares Pure Cannabis ETF seller in Q2 2024 was Old Mission Capital, an estimated $950K sold.
Based on aggregated 13F filings for Q2 2024.