iPath Pure Beta Broad Commodity ETN
BCM was delisted on the 7th of June, 2023.
12 hedge funds and large institutions have $26.8M invested in iPath Pure Beta Broad Commodity ETN in 2022 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
9% more capital invested
Capital invested by funds: $24.5M → $26.8M (+$2.33M)
9% more funds holding
Funds holding: 11 → 12 (+1)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
76% less call options, than puts
Call options by funds: $103K | Put options by funds: $421K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Cetera Advisors
Denver,
Colorado
|
+$1.45M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$25.9K |
| 3 |
Jane Street
New York
|
+$24.6K |
| 4 |
CA
CoreCap Advisors
Southfield,
Michigan
|
+$24.2K |
| 5 |
CA
Corrado Advisors
Ramsey,
New Jersey
|
+$8.88K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$547K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$331K |
| 3 |
EP
Eudaimonia Partners
Winchester,
Tennessee
|
-$240K |
| 4 |
LPL Financial
San Diego,
California
|
-$204K |
| 5 |
EA
Eudaimonia Advisors
Winchester,
Tennessee
|
-$26.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Barclays
London,
United Kingdom
| $22.1M | – | – | – |
|
|
CA
2
Cetera Advisors
Denver,
Colorado
| $1.49M | +$1.45M | +32,594 | New |
|
|
EP
3
Eudaimonia Partners
Winchester,
Tennessee
| $860K | -$240K | -5,410 | -22% |
|
|
BCWM
4
Bartlett & Co Wealth Management
Cincinnati,
Ohio
| $697K | – | – | – |
|
|
BC
5
Bartlett & Co
Cincinnati,
Ohio
| $697K | – | – | – |
|
|
6
Jane Street
New York
| $280K | +$24.6K | +554 | +10% |
|
|
7
Osaic Holdings
Scottsdale,
Arizona
| $269K | -$331K | -7,454 | -56% |
|
|
EA
8
Eudaimonia Advisors
Winchester,
Tennessee
| $254K | -$26.7K | -601 | -10% |
|
|
9
UBS Group
Zurich,
Switzerland
| $74.1K | +$25.9K | +583 | +56% |
|
10
Bessemer Group
Woodbridge,
New Jersey
| $43K | – | – | – |
|
|
CA
11
CoreCap Advisors
Southfield,
Michigan
| $25K | +$24.2K | +546 | New |
|
|
CA
12
Corrado Advisors
Ramsey,
New Jersey
| $9.14K | +$8.88K | +200 | New |
|
|
13
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$547K | -13,052 | Closed |
|
|
14
LPL Financial
San Diego,
California
| – | -$204K | -4,863 | Closed |
|
BCM Hedge Fund Activity: Q4 2022 in Review
12 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in iPath Pure Beta Broad Commodity ETN (BCM) for Q4 2022, worth a combined $26.8M — up 9.5% from $24.5M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new BCM positions and 2 closed out — a net gain of 1 holder — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Cetera Advisors, opening a new position worth an estimated $1.45M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $547K sold.
- 12 institutional investors held iPath Pure Beta Broad Commodity ETN (BCM) as of Q4 2022, up from 11 in Q3 2022.
- Funds reported $26.8M of iPath Pure Beta Broad Commodity ETN stock for Q4 2022, up 9.5% quarter-over-quarter.
- 3 funds opened new iPath Pure Beta Broad Commodity ETN positions in Q4 2022 and 2 closed out, a net change of +1 holder.
- The largest iPath Pure Beta Broad Commodity ETN buyer in Q4 2022 was Cetera Advisors, an estimated $1.45M added.
- The largest iPath Pure Beta Broad Commodity ETN seller in Q4 2022 was Susquehanna International Group, an estimated $547K sold.
Based on aggregated 13F filings for Q4 2022.