AdvisorShares Pure Cannabis ETF
YOLO
81 hedge funds and large institutions have $48M invested in AdvisorShares Pure Cannabis ETF in 2021 Q1 according to their latest regulatory filings, with 34 funds opening new positions, 17 increasing their positions, 9 reducing their positions, and 8 closing their positions.
325% more first-time investments, than exits
New positions opened: 34 | Existing positions closed: 8
214% more call options, than puts
Call options by funds: $9.85M | Put options by funds: $3.13M
142% more capital invested
Capital invested by funds: $19.8M → $48M (+$28.2M)
89% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 9
47% more funds holding
Funds holding: 55 → 81 (+26)
0.61% less ownership
Funds ownership: 12.44% → 11.83% (-0.61%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$7.68M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$7.63M |
| 3 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$2.74M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.45M |
| 5 |
LPL Financial
San Diego,
California
|
+$1.27M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NWA
Navis Wealth Advisors
Rye Brook,
New York
|
-$1.08M |
| 2 |
ADBIC
A.D. Beadell Investment Counsel
Mequon,
Wisconsin
|
-$945K |
| 3 |
Simplex Trading
Chicago,
Illinois
|
-$773K |
| 4 |
HT
HAP Trading
New York
|
-$390K |
| 5 |
EH
Equitable Holdings
New York
|
-$270K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWM
76
Sugarloaf Wealth Management
Duluth,
Georgia
| $25 | – | – | – |
|
|
HT
77
HAP Trading
New York
| – | -$390K | -22,927 | Closed |
|
|
CAC
78
Cowen and Company
New York
| – | -$238K | -13,989 | Closed |
|
|
AA
79
Alesco Advisors
Pittsford,
New York
| – | -$213K | -12,500 | Closed |
|
80
CIBC World Market
Toronto,
Ontario, Canada
| – | -$207K | -12,165 | Closed |
|
|
ASN
81
Advisory Services Network
Atlanta,
Georgia
| – | -$7K | -391 | Closed |
|
|
TWM
82
Tradition Wealth Management
Edina,
Minnesota
| – | -$6K | -325 | Closed |
|
83
UBS Group
Zurich,
Switzerland
| – | -$2K | -130 | Closed |
|
|
COCM
84
Charter Oak Capital Management
Portsmouth,
New Hampshire
| – | -$2K | -100 | Closed |
|
|
AFS
85
Annapolis Financial Services
Annapolis,
Maryland
| – | +$24 | +1 | New |
|
|
FWM
86
Focused Wealth Management
Newburgh,
New York
| – | +$359 | +15 | New |
|
|
HCP
87
Hexagon Capital Partners
Rogers,
Arkansas
| – | +$957 | +40 | New |
|
YOLO Hedge Fund Activity: Q1 2021 in Review
81 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Pure Cannabis ETF (YOLO) for Q1 2021, worth a combined $48M — up 142% from $19.8M a quarter earlier.
Buyers outnumbered sellers: 34 funds opened new YOLO positions and 8 closed out — a net gain of 26 holders — while 17 added to existing stakes and 9 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $7.68M. The largest seller was Navis Wealth Advisors, cutting an estimated $1.08M.
- 81 institutional investors held AdvisorShares Pure Cannabis ETF (YOLO) as of Q1 2021, up from 55 in Q4 2020.
- Funds reported $48M of AdvisorShares Pure Cannabis ETF stock for Q1 2021, up 142% quarter-over-quarter.
- 34 funds opened new AdvisorShares Pure Cannabis ETF positions in Q1 2021 and 8 closed out, a net change of +26 holders.
- The largest AdvisorShares Pure Cannabis ETF buyer in Q1 2021 was Jane Street, an estimated $7.68M added.
- The largest AdvisorShares Pure Cannabis ETF seller in Q1 2021 was Navis Wealth Advisors, an estimated $1.08M sold.
Based on aggregated 13F filings for Q1 2021.