iPath Pure Beta Broad Commodity ETN
BCM was delisted on the 7th of June, 2023.
12 hedge funds and large institutions have $78M invested in iPath Pure Beta Broad Commodity ETN in 2015 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
42% more capital invested
Capital invested by funds: $54.9M → $78M (+$23.2M)
33% more funds holding
Funds holding: 9 → 12 (+3)
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
+$58M |
| 2 |
BO
BRR OpCo
Columbus,
Ohio
|
+$2.16M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$513K |
| 4 |
EK
Evensky & Katz
Coral Gables,
Florida
|
+$435K |
| 5 |
WI
WBI Investments
Red Bank,
New Jersey
|
+$344K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
-$30.3M |
| 2 |
Morgan Stanley
New York
|
-$3.61M |
| 3 |
GC
Garde Capital
Seattle,
Washington
|
-$257K |
| 4 |
WTC
WhitTier Trust Company
Reno,
Nevada
|
-$27.2K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.77K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Barclays
London,
United Kingdom
| $55.8M | +$58M | +1,861,500 | New |
|
|
2
Bessemer Group
Woodbridge,
New Jersey
| $14.1M | -$30.3M | -971,689 | -68% |
|
|
BO
3
BRR OpCo
Columbus,
Ohio
| $4.38M | +$2.16M | +69,347 | +93% |
|
|
APCM
4
Alaska Permanent Capital Management
Anchorage,
Alaska
| $1.89M | – | – | – |
|
|
5
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $501K | +$513K | +16,472 | New |
|
|
WT
6
Whittier Trust
South Pasadena,
California
| $480K | – | – | – |
|
|
EK
7
Evensky & Katz
Coral Gables,
Florida
| $424K | +$435K | +13,957 | New |
|
|
WI
8
WBI Investments
Red Bank,
New Jersey
| $336K | +$344K | +11,047 | New |
|
|
WTC
9
WhitTier Trust Company
Reno,
Nevada
| $36K | -$27.2K | -875 | -42% |
|
|
10
Morgan Stanley
New York
| $21K | -$3.61M | -116,095 | -99% |
|
|
TRCT
11
Tower Research Capital (TRC)
New York
| $3K | +$3.11K | +100 | New |
|
|
12
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $2K | -$2.77K | -89 | Closed |
|
|
GC
13
Garde Capital
Seattle,
Washington
| – | -$257K | -8,051 | Closed |
|
BCM Hedge Fund Activity: Q1 2015 in Review
12 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in iPath Pure Beta Broad Commodity ETN (BCM) for Q1 2015, worth a combined $78M — up 42% from $54.9M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new BCM positions and 2 closed out — a net gain of 3 holders — while 1 added to existing stakes and 3 trimmed.
The largest buyer was Barclays, opening a new position worth an estimated $58M. The largest seller was Bessemer Group, cutting an estimated $30.3M.
- 12 institutional investors held iPath Pure Beta Broad Commodity ETN (BCM) as of Q1 2015, up from 9 in Q4 2014.
- Funds reported $78M of iPath Pure Beta Broad Commodity ETN stock for Q1 2015, up 42% quarter-over-quarter.
- 5 funds opened new iPath Pure Beta Broad Commodity ETN positions in Q1 2015 and 2 closed out, a net change of +3 holders.
- The largest iPath Pure Beta Broad Commodity ETN buyer in Q1 2015 was Barclays, an estimated $58M added.
- The largest iPath Pure Beta Broad Commodity ETN seller in Q1 2015 was Bessemer Group, an estimated $30.3M sold.
Based on aggregated 13F filings for Q1 2015.