iPath Series B Bloomberg Cotton Subindex Total ReturnSM ETN
BAL was delisted on the 8th of June, 2023.
4 hedge funds and large institutions have $2.66M invested in iPath Series B Bloomberg Cotton Subindex Total ReturnSM ETN in 2023 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 3 reducing their positions, and 4 closing their positions.
43% less funds holding
Funds holding: 7 → 4 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
77% less capital invested
Capital invested by funds: $11.6M → $2.66M (-$8.9M)
83% less call options, than puts
Call options by funds: $35K | Put options by funds: $200K
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$520K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
-$8.82M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$234K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$153K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$90.4K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$72.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.6M | -$234K | -3,950 | -13% |
|
|
FTUS
2
Flow Traders U.S.
New York
| $530K | -$153K | -2,587 | -22% |
|
|
3
Jane Street
New York
| $518K | +$520K | +8,781 | New |
|
|
4
Citadel Advisors
Miami,
Florida
| $12.5K | -$90.4K | -1,526 | -88% |
|
|
5
Barclays
London,
United Kingdom
| – | -$8.82M | -149,000 | Closed |
|
|
6
UBS Group
Zurich,
Switzerland
| – | -$72.4K | -1,223 | Closed |
|
7
Simplex Trading
Chicago,
Illinois
| – | -$26K | -454 | Closed |
|
|
SWM
8
Spire Wealth Management
Mclean,
Virginia
| – | -$12K | -200 | Closed |
|
BAL Hedge Fund Activity: Q1 2023 in Review
4 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in iPath Series B Bloomberg Cotton Subindex Total ReturnSM ETN (BAL) for Q1 2023, worth a combined $2.66M — down 77% from $11.6M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BAL and 1 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 0 added.
The largest buyer was Jane Street, opening a new position worth an estimated $520K. The largest seller was Barclays, exiting entirely with an estimated $8.82M sold.
- 4 institutional investors held iPath Series B Bloomberg Cotton Subindex Total ReturnSM ETN (BAL) as of Q1 2023, down from 7 in Q4 2022.
- Funds reported $2.66M of iPath Series B Bloomberg Cotton Subindex Total ReturnSM ETN stock for Q1 2023, down 77% quarter-over-quarter.
- 1 fund opened new iPath Series B Bloomberg Cotton Subindex Total ReturnSM ETN positions in Q1 2023 and 4 closed out, a net change of -3 holders.
- The largest iPath Series B Bloomberg Cotton Subindex Total ReturnSM ETN buyer in Q1 2023 was Jane Street, an estimated $520K added.
- The largest iPath Series B Bloomberg Cotton Subindex Total ReturnSM ETN seller in Q1 2023 was Barclays, an estimated $8.82M sold.
Based on aggregated 13F filings for Q1 2023.