abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF
BCD
57 hedge funds and large institutions have $114M invested in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF in 2023 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 25 increasing their positions, 17 reducing their positions, and 11 closing their positions.
47% more repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 17
2.26% more ownership
Funds ownership: 39.72% → 41.98% (+2.3%)
4% more capital invested
Capital invested by funds: $109M → $114M (+$4.51M)
9% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 11
3% less funds holding
Funds holding: 59 → 57 (-2)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GLA
Great Lakes Advisors
Chicago,
Illinois
|
+$29.8M |
| 2 |
LPL Financial
San Diego,
California
|
+$6.75M |
| 3 |
AWM
AE Wealth Management
Topeka,
Kansas
|
+$2.01M |
| 4 |
KPWS
Kestra Private Wealth Services
Austin,
Texas
|
+$1.52M |
| 5 |
AA
Aire Advisors
Beverly Hills,
California
|
+$1.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWM
Affinity Wealth Management
Wilmington,
Delaware
|
-$26.6M |
| 2 |
TC
TownSquare Capital
Provo,
Utah
|
-$2.74M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
-$2.22M |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
-$1.21M |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
-$948K |
BCD Hedge Fund Activity: Q1 2023 in Review
57 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (BCD) for Q1 2023, worth a combined $114M — up 4.1% from $109M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of BCD and 10 opened new positions — a net loss of 1 holder — while 17 trimmed existing stakes and 25 added.
The largest buyer was Great Lakes Advisors, adding an estimated $29.8M. The largest seller was Affinity Wealth Management, cutting an estimated $26.6M.
- 57 institutional investors held abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF (BCD) as of Q1 2023, down from 59 in Q4 2022.
- Funds reported $114M of abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF stock for Q1 2023, up 4.1% quarter-over-quarter.
- 10 funds opened new abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF positions in Q1 2023 and 11 closed out, a net change of -1 holder.
- The largest abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF buyer in Q1 2023 was Great Lakes Advisors, an estimated $29.8M added.
- The largest abrdn Bloomberg All Commodity Longer Dated Strategy K-1 Free ETF seller in Q1 2023 was Affinity Wealth Management, an estimated $26.6M sold.
Based on aggregated 13F filings for Q1 2023.