AdvisorShares Pure Cannabis ETF
YOLO
34 hedge funds and large institutions have $4.75M invested in AdvisorShares Pure Cannabis ETF in 2019 Q4 according to their latest regulatory filings, with 18 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 8 closing their positions.
125% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 8
101% more capital invested
Capital invested by funds: $2.37M → $4.75M (+$2.38M)
100% more call options, than puts
Call options by funds: $6K | Put options by funds: $3K
42% more funds holding
Funds holding: 24 → 34 (+10)
5.26% more ownership
Funds ownership: 5.18% → 10.44% (+5.3%)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.32M |
| 2 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$773K |
| 3 |
SS
Simplicity Solutions
Minneapolis,
Minnesota
|
+$741K |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$698K |
| 5 |
LPL Financial
San Diego,
California
|
+$275K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AC
Avestar Capital
New York
|
-$918K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$216K |
| 3 |
NFG
Next Financial Group
Houston,
Texas
|
-$46K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$33.8K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$33K |
YOLO Hedge Fund Activity: Q4 2019 in Review
34 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Pure Cannabis ETF (YOLO) for Q4 2019, worth a combined $4.75M — up 101% from $2.37M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new YOLO positions and 8 closed out — a net gain of 10 holders — while 3 added to existing stakes and 5 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $1.32M. The largest seller was Avestar Capital, exiting entirely with an estimated $918K sold.
- 34 institutional investors held AdvisorShares Pure Cannabis ETF (YOLO) as of Q4 2019, up from 24 in Q3 2019.
- Funds reported $4.75M of AdvisorShares Pure Cannabis ETF stock for Q4 2019, up 101% quarter-over-quarter.
- 18 funds opened new AdvisorShares Pure Cannabis ETF positions in Q4 2019 and 8 closed out, a net change of +10 holders.
- The largest AdvisorShares Pure Cannabis ETF buyer in Q4 2019 was Jane Street, an estimated $1.32M added.
- The largest AdvisorShares Pure Cannabis ETF seller in Q4 2019 was Avestar Capital, an estimated $918K sold.
Based on aggregated 13F filings for Q4 2019.