iPath Series B Bloomberg Cotton Subindex Total ReturnSM ETN
BAL was delisted on the 8th of June, 2023.
7 hedge funds and large institutions have $11.6M invested in iPath Series B Bloomberg Cotton Subindex Total ReturnSM ETN in 2022 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 5 closing their positions.
18% less call options, than puts
Call options by funds: $503K | Put options by funds: $610K
30% less funds holding
Funds holding: 10 → 7 (-3)
48% less capital invested
Capital invested by funds: $22.4M → $11.6M (-$10.8M)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$450K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$101K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$70.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
Affinity Wealth Management
Wilmington,
Delaware
|
-$9.45M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$742K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$639K |
| 4 |
Jane Street
New York
|
-$416K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
-$244K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Barclays
London,
United Kingdom
| $8.82M | – | – | – |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.85M | +$450K | +7,758 | +33% |
|
|
FTUS
3
Flow Traders U.S.
New York
| $685K | -$639K | -11,018 | -49% |
|
|
4
Citadel Advisors
Miami,
Florida
| $103K | +$101K | +1,738 | New |
|
|
5
UBS Group
Zurich,
Switzerland
| $72.4K | +$70.9K | +1,223 | New |
|
6
Simplex Trading
Chicago,
Illinois
| $26K | -$18.4K | -318 | -41% |
|
|
SWM
7
Spire Wealth Management
Mclean,
Virginia
| $12K | – | – | – |
|
|
AWM
8
Affinity Wealth Management
Wilmington,
Delaware
| – | -$9.45M | -161,192 | Closed |
|
|
OMC
9
Old Mission Capital
Chicago,
Illinois
| – | -$742K | -12,655 | Closed |
|
|
10
Jane Street
New York
| – | -$416K | -7,091 | Closed |
|
|
CA
11
Cetera Advisors
Denver,
Colorado
| – | -$244K | -4,165 | Closed |
|
12
Osaic Holdings
Scottsdale,
Arizona
| – | -$29K | -491 | Closed |
|
BAL Hedge Fund Activity: Q4 2022 in Review
7 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in iPath Series B Bloomberg Cotton Subindex Total ReturnSM ETN (BAL) for Q4 2022, worth a combined $11.6M — down 48% from $22.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BAL and 2 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 1 added.
The largest buyer was Susquehanna International Group, adding an estimated $450K. The largest seller was Affinity Wealth Management, exiting entirely with an estimated $9.45M sold.
- 7 institutional investors held iPath Series B Bloomberg Cotton Subindex Total ReturnSM ETN (BAL) as of Q4 2022, down from 10 in Q3 2022.
- Funds reported $11.6M of iPath Series B Bloomberg Cotton Subindex Total ReturnSM ETN stock for Q4 2022, down 48% quarter-over-quarter.
- 2 funds opened new iPath Series B Bloomberg Cotton Subindex Total ReturnSM ETN positions in Q4 2022 and 5 closed out, a net change of -3 holders.
- The largest iPath Series B Bloomberg Cotton Subindex Total ReturnSM ETN buyer in Q4 2022 was Susquehanna International Group, an estimated $450K added.
- The largest iPath Series B Bloomberg Cotton Subindex Total ReturnSM ETN seller in Q4 2022 was Affinity Wealth Management, an estimated $9.45M sold.
Based on aggregated 13F filings for Q4 2022.