AdvisorShares Pure Cannabis ETF
YOLO
24 hedge funds and large institutions have $2.37M invested in AdvisorShares Pure Cannabis ETF in 2019 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 7 increasing their positions, 1 reducing their positions, and 1 closing their positions.
900% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 1
714% more capital invested
Capital invested by funds: $290K → $2.37M (+$2.07M)
600% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 1
60% more funds holding
Funds holding: 15 → 24 (+9)
4.68% more ownership
Funds ownership: 0.5% → 5.18% (+4.7%)
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $266K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Avestar Capital
New York
|
+$1.23M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$946K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$346K |
| 4 |
LPL Financial
San Diego,
California
|
+$263K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$59.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Cutler Group
San Francisco,
California
|
-$7.8K |
| 2 |
CIAS
Capital Investment Advisory Services
Raleigh,
North Carolina
|
-$1.95K |
YOLO Hedge Fund Activity: Q3 2019 in Review
24 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Pure Cannabis ETF (YOLO) for Q3 2019, worth a combined $2.37M — up 714% from $290K a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new YOLO positions and 1 closed out — a net gain of 9 holders — while 7 added to existing stakes and 1 trimmed.
The largest buyer was Avestar Capital, opening a new position worth an estimated $1.23M. The largest seller was Cutler Group, exiting entirely with an estimated $7.8K sold.
- 24 institutional investors held AdvisorShares Pure Cannabis ETF (YOLO) as of Q3 2019, up from 15 in Q2 2019.
- Funds reported $2.37M of AdvisorShares Pure Cannabis ETF stock for Q3 2019, up 714% quarter-over-quarter.
- 10 funds opened new AdvisorShares Pure Cannabis ETF positions in Q3 2019 and 1 closed out, a net change of +9 holders.
- The largest AdvisorShares Pure Cannabis ETF buyer in Q3 2019 was Avestar Capital, an estimated $1.23M added.
- The largest AdvisorShares Pure Cannabis ETF seller in Q3 2019 was Cutler Group, an estimated $7.8K sold.
Based on aggregated 13F filings for Q3 2019.