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AdvisorShares Pure Cannabis ETF

55 hedge funds and large institutions have $19.8M invested in AdvisorShares Pure Cannabis ETF in 2020 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 11 increasing their positions, 4 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

300% more first-time investments, than exits

New positions opened: 28 | Existing positions closed: 7

249% more capital invested

Capital invested by funds: $5.68M → $19.8M (+$14.1M)

239% more call options, than puts

Call options by funds: $3.11M | Put options by funds: $918K

175% more repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 4

62% more funds holding

Funds holding: 3455 (+21)

2.41% more ownership

Funds ownership: 10.03%12.44% (+2.4%)

Holders
55
Holders Change
+21
Holders Change %
+61.76%
% of All Funds
0.97%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
28
Increased
11
Reduced
4
Closed
7
Calls
$3.11M
Puts
$918K
Net Calls
+$2.19M
Net Calls Change
+$2.34M
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$7.61M +$5.01M +351,910 +368%
NWA
2
Navis Wealth Advisors
New York
$1.82M +$1.53M +107,378 New
Commonwealth Equity Services
3
Commonwealth Equity Services
Massachusetts
$1.28M -$233K -16,346 -18%
ADBIC
4
A.D. Beadell Investment Counsel
Wisconsin
$1.26M +$315K +22,100 +42%
Simplex Trading
5
Simplex Trading
Illinois
$1.25M +$1.01M +70,991 +2,978%
TAM
6
Tocqueville Asset Management
New York
$902K +$755K +53,030 New
AWM
7
AE Wealth Management
Kansas
$795K -$25.7K -1,807 -4%
Cambridge Investment Research Advisors
8
Cambridge Investment Research Advisors
Iowa
$686K +$110K +7,705 +24%
Citadel Advisors
9
Citadel Advisors
Florida
$434K +$212K +14,856 +140%
HT
10
HAP Trading
New York
$390K +$326K +22,927 New
Janney Montgomery Scott
11
Janney Montgomery Scott
Pennsylvania
$376K +$315K +22,117 New
EH
12
Equitable Holdings
New York
$364K +$305K +21,438 New
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$301K +$197K +13,803 +355%
KAS
14
Kestra Advisory Services
Texas
$258K +$214K +15,010 New
CAC
15
Cowen and Company
New York
$238K +$199K +13,989 New
AA
16
Alesco Advisors
New York
$213K
CIBC World Market
17
CIBC World Market
Ontario, Canada
$207K +$173K +12,165 New
Osaic Holdings
18
Osaic Holdings
Arizona
$202K +$49.4K +3,470 +41%
IAIM
19
International Assets Investment Management
Florida
$180K +$108K +7,600 New
Truist Financial
20
Truist Financial
North Carolina
$175K +$147K +10,300 New
LNC
21
Lincoln National Corp
Pennsylvania
$171K +$143K +10,041 New
PP
22
Peconic Partners
New York
$170K +$142K +10,000 New
NFG
23
Next Financial Group
Texas
$95K +$79.7K +5,600 New
Morgan Stanley
24
Morgan Stanley
New York
$93K +$30.5K +2,141 +64%
VNA
25
Valley National Advisers
Pennsylvania
$47K +$39.7K +2,788 New

YOLO Hedge Fund Activity: Q4 2020 in Review

55 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Pure Cannabis ETF (YOLO) for Q4 2020, worth a combined $19.8M — up 249% from $5.68M a quarter earlier.

Buyers outnumbered sellers: 28 funds opened new YOLO positions and 7 closed out — a net gain of 21 holders — while 11 added to existing stakes and 4 trimmed.

The largest buyer was LPL Financial, adding an estimated $5.01M. The largest seller was Jane Street, exiting entirely with an estimated $605K sold.

  • 55 institutional investors held AdvisorShares Pure Cannabis ETF (YOLO) as of Q4 2020, up from 34 in Q3 2020.
  • Funds reported $19.8M of AdvisorShares Pure Cannabis ETF stock for Q4 2020, up 249% quarter-over-quarter.
  • 28 funds opened new AdvisorShares Pure Cannabis ETF positions in Q4 2020 and 7 closed out, a net change of +21 holders.
  • The largest AdvisorShares Pure Cannabis ETF buyer in Q4 2020 was LPL Financial, an estimated $5.01M added.
  • The largest AdvisorShares Pure Cannabis ETF seller in Q4 2020 was Jane Street, an estimated $605K sold.

Based on aggregated 13F filings for Q4 2020.