iPath Pure Beta Broad Commodity ETN
BCM was delisted on the 7th of June, 2023.
8 hedge funds and large institutions have $85.3M invested in iPath Pure Beta Broad Commodity ETN in 2013 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 2 closing their positions.
1,678% more capital invested
Capital invested by funds: $4.8M → $85.3M (+$80.5M)
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
33% more funds holding
Funds holding: 6 → 8 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
+$76.4M |
| 2 |
BO
BRR OpCo
Columbus,
Ohio
|
+$5.35M |
| 3 |
WT
Whittier Trust
South Pasadena,
California
|
+$387K |
| 4 |
WTC
WhitTier Trust Company
Reno,
Nevada
|
+$58.5K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$15.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$987K |
| 2 |
LPT
Legacy Private Trust
Neenah,
Wisconsin
|
-$395K |
| 3 |
WI
WBI Investments
Red Bank,
New Jersey
|
-$595 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Bessemer Group
Woodbridge,
New Jersey
| $76.1M | +$76.4M | +1,927,069 | New |
|
|
BO
2
BRR OpCo
Columbus,
Ohio
| $5.33M | +$5.35M | +134,808 | New |
|
|
APCM
3
Alaska Permanent Capital Management
Anchorage,
Alaska
| $2.6M | – | – | – |
|
|
WT
4
Whittier Trust
South Pasadena,
California
| $652K | +$387K | +9,765 | +145% |
|
|
WI
5
WBI Investments
Red Bank,
New Jersey
| $460K | -$595 | -15 | -0.1% |
|
|
WTC
6
WhitTier Trust Company
Reno,
Nevada
| $58K | +$58.5K | +1,475 | New |
|
|
U
7
UBS
Zurich,
Switzerland
| $56K | +$15.6K | +393 | +38% |
|
8
Morgan Stanley
New York
| $13K | +$13.5K | +340 | New |
|
|
9
JP Morgan Chase
New York
| – | -$987K | -24,620 | Closed |
|
|
LPT
10
Legacy Private Trust
Neenah,
Wisconsin
| – | -$395K | -9,849 | Closed |
|
BCM Hedge Fund Activity: Q4 2013 in Review
8 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in iPath Pure Beta Broad Commodity ETN (BCM) for Q4 2013, worth a combined $85.3M — up 1,678% from $4.8M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new BCM positions and 2 closed out — a net gain of 2 holders — while 2 added to existing stakes and 1 trimmed.
The largest buyer was Bessemer Group, opening a new position worth an estimated $76.4M. The largest seller was JP Morgan Chase, exiting entirely with an estimated $987K sold.
- 8 institutional investors held iPath Pure Beta Broad Commodity ETN (BCM) as of Q4 2013, up from 6 in Q3 2013.
- Funds reported $85.3M of iPath Pure Beta Broad Commodity ETN stock for Q4 2013, up 1,678% quarter-over-quarter.
- 4 funds opened new iPath Pure Beta Broad Commodity ETN positions in Q4 2013 and 2 closed out, a net change of +2 holders.
- The largest iPath Pure Beta Broad Commodity ETN buyer in Q4 2013 was Bessemer Group, an estimated $76.4M added.
- The largest iPath Pure Beta Broad Commodity ETN seller in Q4 2013 was JP Morgan Chase, an estimated $987K sold.
Based on aggregated 13F filings for Q4 2013.