2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev
BDCL
BDCL was delisted on the 1st of April, 2020.
12 hedge funds and large institutions have $1.7M invested in 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev in 2013 Q3 according to their latest regulatory filings, with 6 funds opening new positions, increasing their positions, 2 reducing their positions, and closing their positions.
456% more capital invested
Capital invested by funds: $306K → $1.7M (+$1.4M)
100% more funds holding
Funds holding: 6 → 12 (+6)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACP
Aviance Capital Partners
Naples,
Florida
|
+$522K |
| 2 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$347K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$98.4K |
| 4 |
MIM
Macroview Investment Management
Bethesda,
Maryland
|
+$9.59K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$5.48K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
-$100K |
| 2 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$21.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ACP
1
Aviance Capital Partners
Naples,
Florida
| $534K | +$522K | +19,050 | New |
|
|
CFA
2
Carroll Financial Associates
Charlotte,
North Carolina
| $397K | -$100K | -3,650 | -20% |
|
|
BRWA
3
B. Riley Wealth Advisors
Boca Raton,
Florida
| $355K | +$347K | +12,663 | New |
|
|
CAN
4
Cetera Advisor Networks
El Segundo,
California
| $246K | -$21.9K | -800 | -8% |
|
|
5
Bank of America
Charlotte,
North Carolina
| $101K | +$98.4K | +3,590 | New |
|
|
TWA
6
TCI Wealth Advisors
Tucson,
Arizona
| $22K | – | – | – |
|
|
PMFA
7
Plante Moran Financial Advisors
Southfield,
Michigan
| $15K | – | – | – |
|
|
LTFS
8
Ladenburg Thalmann Financial Services
Miami,
Florida
| $10K | – | – | – |
|
|
MIM
9
Macroview Investment Management
Bethesda,
Maryland
| $10K | +$9.59K | +350 | New |
|
|
10
Creative Planning
Overland Park,
Kansas
| $6K | +$5.48K | +200 | New |
|
|
MFS
11
MSI Financial Services
Springfield,
Massachusetts
| $5K | – | – | – |
|
12
Wells Fargo
San Francisco,
California
| – | +$27 | +1 | New |
|
BDCL Hedge Fund Activity: Q3 2013 in Review
12 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev (BDCL) for Q3 2013, worth a combined $1.7M — up 456% from $306K a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BDCL positions and 0 closed out — a net gain of 6 holders — while 0 added to existing stakes and 2 trimmed.
The largest buyer was Aviance Capital Partners, opening a new position worth an estimated $522K. The largest seller was Carroll Financial Associates, cutting an estimated $100K.
- 12 institutional investors held 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev (BDCL) as of Q3 2013, up from 6 in Q2 2013.
- Funds reported $1.7M of 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev stock for Q3 2013, up 456% quarter-over-quarter.
- 6 funds opened new 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev positions in Q3 2013 and 0 closed out, a net change of +6 holders.
- The largest 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev buyer in Q3 2013 was Aviance Capital Partners, an estimated $522K added.
- The largest 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev seller in Q3 2013 was Carroll Financial Associates, an estimated $100K sold.
Based on aggregated 13F filings for Q3 2013.