iPath Pure Beta Broad Commodity ETN
BCM was delisted on the 7th of June, 2023.
12 hedge funds and large institutions have $52.5M invested in iPath Pure Beta Broad Commodity ETN in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 4 closing their positions.
11% less capital invested
Capital invested by funds: $59.3M → $52.5M (-$6.8M)
14% less funds holding
Funds holding: 14 → 12 (-2)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EK
Evensky & Katz
Coral Gables,
Florida
|
+$2.47M |
| 2 |
WI
WBI Investments
Red Bank,
New Jersey
|
+$299K |
| 3 |
Jane Street
New York
|
+$89.3K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$45.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
-$10.3M |
| 2 |
BO
BRR OpCo
Columbus,
Ohio
|
-$758K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$422K |
| 4 |
Morgan Stanley
New York
|
-$183K |
| 5 |
WT
Whittier Trust
South Pasadena,
California
|
-$141K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Barclays
London,
United Kingdom
| $34.1M | -$10.3M | -440,000 | -24% |
|
2
Bessemer Group
Woodbridge,
New Jersey
| $8.9M | – | – | – |
|
|
EK
3
Evensky & Katz
Coral Gables,
Florida
| $6.45M | +$2.47M | +105,336 | +66% |
|
|
APCM
4
Alaska Permanent Capital Management
Anchorage,
Alaska
| $1.46M | – | – | – |
|
|
BO
5
BRR OpCo
Columbus,
Ohio
| $673K | -$758K | -32,345 | -54% |
|
|
6
Jane Street
New York
| $389K | +$89.3K | +3,811 | +32% |
|
|
WI
7
WBI Investments
Red Bank,
New Jersey
| $312K | +$299K | +12,748 | New |
|
|
WT
8
Whittier Trust
South Pasadena,
California
| $152K | -$141K | -6,030 | -49% |
|
|
9
UBS Group
Zurich,
Switzerland
| $48K | +$45.8K | +1,956 | New |
|
|
WTC
10
WhitTier Trust Company
Reno,
Nevada
| $18K | – | – | – |
|
11
JP Morgan Chase
New York
| $1K | – | – | – |
|
|
12
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$422K | -17,829 | Closed |
|
|
13
Morgan Stanley
New York
| – | -$183K | -7,700 | Closed |
|
14
Wells Fargo
San Francisco,
California
| – | -$17K | -700 | Closed |
|
|
WAM
15
Wealthspire Advisors (Maryland)
Potomac,
Maryland
| – | -$6K | -253 | Closed |
|
BCM Hedge Fund Activity: Q1 2016 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 2016, worth a combined $52.5M — down 11% from $59.3M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BCM and 2 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 2 added.
The largest buyer was Evensky & Katz, adding an estimated $2.47M. The largest seller was Barclays, cutting an estimated $10.3M.
- 12 institutional investors held iPath Pure Beta Broad Commodity ETN (BCM) as of Q1 2016, down from 14 in Q4 2015.
- Funds reported $52.5M of iPath Pure Beta Broad Commodity ETN stock for Q1 2016, down 11% quarter-over-quarter.
- 2 funds opened new iPath Pure Beta Broad Commodity ETN positions in Q1 2016 and 4 closed out, a net change of -2 holders.
- The largest iPath Pure Beta Broad Commodity ETN buyer in Q1 2016 was Evensky & Katz, an estimated $2.47M added.
- The largest iPath Pure Beta Broad Commodity ETN seller in Q1 2016 was Barclays, an estimated $10.3M sold.
Based on aggregated 13F filings for Q1 2016.