iPath Pure Beta Broad Commodity ETN
BCM was delisted on the 7th of June, 2023.
7 hedge funds and large institutions have $40.9M invested in iPath Pure Beta Broad Commodity ETN in 2018 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 2 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less funds holding
Funds holding: 8 → 7 (-1)
22% less capital invested
Capital invested by funds: $52.3M → $40.9M (-$11.4M)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$356K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$49.1K |
| 3 |
EK
Evensky & Katz
Coral Gables,
Florida
|
+$16.4K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$1.65K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
-$5.4M |
| 2 |
WT
Whittier Trust
South Pasadena,
California
|
-$182K |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
-$124K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EK
1
Evensky & Katz
Coral Gables,
Florida
| $27.6M | +$16.4K | +585 | +0.1% |
|
2
Barclays
London,
United Kingdom
| $12.5M | – | – | – |
|
|
LTFS
3
Ladenburg Thalmann Financial Services
Miami,
Florida
| $416K | +$1.65K | +59 | +0.4% |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $328K | +$356K | +12,721 | New |
|
|
5
UBS Group
Zurich,
Switzerland
| $53K | +$49.1K | +1,753 | +584% |
|
|
AG
6
Advisor Group
Phoenix,
Arizona
| $8K | -$124K | -4,444 | -93% |
|
|
7
Bessemer Group
Woodbridge,
New Jersey
| – | -$5.4M | -181,981 | Closed |
|
|
WT
8
Whittier Trust
South Pasadena,
California
| – | -$182K | -6,135 | Closed |
|
BCM Hedge Fund Activity: Q4 2018 in Review
7 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in iPath Pure Beta Broad Commodity ETN (BCM) for Q4 2018, worth a combined $40.9M — down 22% from $52.3M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of BCM and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 3 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $356K. The largest seller was Bessemer Group, exiting entirely with an estimated $5.4M sold.
- 7 institutional investors held iPath Pure Beta Broad Commodity ETN (BCM) as of Q4 2018, down from 8 in Q3 2018.
- Funds reported $40.9M of iPath Pure Beta Broad Commodity ETN stock for Q4 2018, down 22% quarter-over-quarter.
- 1 fund opened new iPath Pure Beta Broad Commodity ETN positions in Q4 2018 and 2 closed out, a net change of -1 holder.
- The largest iPath Pure Beta Broad Commodity ETN buyer in Q4 2018 was Susquehanna International Group, an estimated $356K added.
- The largest iPath Pure Beta Broad Commodity ETN seller in Q4 2018 was Bessemer Group, an estimated $5.4M sold.
Based on aggregated 13F filings for Q4 2018.