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AdvisorShares Pure Cannabis ETF

79 hedge funds and large institutions have $8.58M invested in AdvisorShares Pure Cannabis ETF in 2022 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 11 increasing their positions, 24 reducing their positions, and 17 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,603% more call options, than puts

Call options by funds: $1.98M | Put options by funds: $116K

5.12% less ownership

Funds ownership: 10.91%5.79% (-5.1%)

10% less funds holding

Funds holding: 8879 (-9)

29% less first-time investments, than exits

New positions opened: 12 | Existing positions closed: 17

54% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 24

60% less capital invested

Capital invested by funds: $21.3M → $8.58M (-$12.7M)

Holders
79
Holders Change
-9
Holders Change %
-10.23%
% of All Funds
1.25%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
12
Increased
11
Reduced
24
Closed
17
Calls
$1.98M
Puts
$116K
Net Calls
+$1.86M
Net Calls Change
+$1.11M
Name Holding Trade Value Shares
Change
Change in
Stake
LPL Financial
1
LPL Financial
California
$1.83M -$94.8K -8,796 -5%
NWA
2
Navis Wealth Advisors
New York
$909K -$260K -24,173 -22%
Jane Street
3
Jane Street
New York
$765K -$580K -53,860 -43%
HF
4
HRT Financial
New York
$709K -$2.17M -201,619 -75%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$582K -$275K -25,531 -32%
Commonwealth Equity Services
6
Commonwealth Equity Services
Massachusetts
$510K -$408K -37,899 -44%
Cambridge Investment Research Advisors
7
Cambridge Investment Research Advisors
Iowa
$451K -$86.4K -8,022 -16%
Osaic Holdings
8
Osaic Holdings
Arizona
$325K -$123K -11,441 -30%
AIA
9
Alera Investment Advisors
Illinois
$260K -$1.08K -100 -0.4%
AWS
10
Atria Wealth Solutions
New York
$260K +$262K +24,338 New
ADBIC
11
A.D. Beadell Investment Counsel
Wisconsin
$255K -$316K -29,300 -55%
GKWIM
12
Gerber Kawasaki Wealth & Investment Management
California
$245K -$685K -63,623 -74%
KCIA
13
Kingsbury Capital Investment Advisors
Illinois
$150K +$151K +14,062 New
LNC
14
Lincoln National Corp
Pennsylvania
$147K +$147K +13,653 New
Wealthfront Advisers
15
Wealthfront Advisers
California
$138K -$5.34K -496 -4%
SPC
16
Sigma Planning Corp
Michigan
$138K -$5.12K -475 -4%
AAS
17
Avantax Advisory Services
Texas
$117K +$6.89K +640 +6%
Truist Financial
18
Truist Financial
North Carolina
$109K
ES
19
ETF Store
Kansas
$96K +$3.63K +337 +3%
EL
20
EMFO LLC
Florida
$88K
CG
21
Cutler Group
California
$61K -$24.1K -2,234 -28%
Morgan Stanley
22
Morgan Stanley
New York
$53K -$20.3K -1,883 -27%
VNA
23
Valley National Advisers
Pennsylvania
$49K
CAPTRUST Financial Advisors
24
CAPTRUST Financial Advisors
North Carolina
$44K +$19.9K +1,850 +83%
AWM
25
AllSquare Wealth Management
New York
$34K

YOLO Hedge Fund Activity: Q1 2022 in Review

79 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in AdvisorShares Pure Cannabis ETF (YOLO) for Q1 2022, worth a combined $8.58M — down 60% from $21.3M a quarter earlier.

Sellers outnumbered buyers: 17 funds closed out of YOLO and 12 opened new positions — a net loss of 5 holders — while 24 trimmed existing stakes and 11 added.

The largest buyer was Lincoln National Corp, opening a new position worth an estimated $147K. The largest seller was HRT Financial, cutting an estimated $2.17M.

  • 79 institutional investors held AdvisorShares Pure Cannabis ETF (YOLO) as of Q1 2022, down from 88 in Q4 2021.
  • Funds reported $8.58M of AdvisorShares Pure Cannabis ETF stock for Q1 2022, down 60% quarter-over-quarter.
  • 12 funds opened new AdvisorShares Pure Cannabis ETF positions in Q1 2022 and 17 closed out, a net change of -5 holders.
  • The largest AdvisorShares Pure Cannabis ETF buyer in Q1 2022 was Lincoln National Corp, an estimated $147K added.
  • The largest AdvisorShares Pure Cannabis ETF seller in Q1 2022 was HRT Financial, an estimated $2.17M sold.

Based on aggregated 13F filings for Q1 2022.