iPath Bloomberg Cotton Subindex Total Return ETN due June 24, 2038
BAL was delisted on the 12th of April, 2018.
12 hedge funds and large institutions have $596K invested in iPath Bloomberg Cotton Subindex Total Return ETN due June 24, 2038 in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 6 closing their positions.
25% less funds holding
Funds holding: 16 → 12 (-4)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
70% less capital invested
Capital invested by funds: $2M → $596K (-$1.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
+$227K |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$11.7K |
| 3 |
ACM
Argentus Capital Management
Dallas,
Texas
|
+$4.1K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
+$3.48K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$657K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$601K |
| 3 |
Jane Street
New York
|
-$101K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$92.7K |
| 5 |
Morgan Stanley
New York
|
-$51.6K |
BAL Hedge Fund Activity: Q1 2016 in Review
12 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in iPath Bloomberg Cotton Subindex Total Return ETN due June 24, 2038 (BAL) for Q1 2016, worth a combined $596K — down 70% from $2M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BAL and 2 opened new positions — a net loss of 4 holders — while 4 trimmed existing stakes and 2 added.
The largest buyer was Raymond James Financial Services Advisors, opening a new position worth an estimated $227K. The largest seller was Virtu Financial, exiting entirely with an estimated $657K sold.
- 12 institutional investors held iPath Bloomberg Cotton Subindex Total Return ETN due June 24, 2038 (BAL) as of Q1 2016, down from 16 in Q4 2015.
- Funds reported $596K of iPath Bloomberg Cotton Subindex Total Return ETN due June 24, 2038 stock for Q1 2016, down 70% quarter-over-quarter.
- 2 funds opened new iPath Bloomberg Cotton Subindex Total Return ETN due June 24, 2038 positions in Q1 2016 and 6 closed out, a net change of -4 holders.
- The largest iPath Bloomberg Cotton Subindex Total Return ETN due June 24, 2038 buyer in Q1 2016 was Raymond James Financial Services Advisors, an estimated $227K added.
- The largest iPath Bloomberg Cotton Subindex Total Return ETN due June 24, 2038 seller in Q1 2016 was Virtu Financial, an estimated $657K sold.
Based on aggregated 13F filings for Q1 2016.