2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev
BDCL
BDCL was delisted on the 1st of April, 2020.
14 hedge funds and large institutions have $2.57M invested in 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev in 2013 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
51% more capital invested
Capital invested by funds: $1.7M → $2.57M (+$869K)
17% more funds holding
Funds holding: 12 → 14 (+2)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACP
Aviance Capital Partners
Naples,
Florida
|
+$676K |
| 2 |
AIG
American International Group
New York
|
+$225K |
| 3 |
Jane Street
New York
|
+$214K |
| 4 |
TWA
TCI Wealth Advisors
Tucson,
Arizona
|
+$10.2K |
| 5 |
Morgan Stanley
New York
|
+$5.59K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
-$183K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
-$101K |
| 3 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$79.7K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$34.3K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$6K |
BDCL Hedge Fund Activity: Q4 2013 in Review
14 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev (BDCL) for Q4 2013, worth a combined $2.57M — up 51% from $1.7M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new BDCL positions and 2 closed out — a net gain of 2 holders — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Aviance Capital Partners, adding an estimated $676K. The largest seller was Carroll Financial Associates, cutting an estimated $183K.
- 14 institutional investors held 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev (BDCL) as of Q4 2013, up from 12 in Q3 2013.
- Funds reported $2.57M of 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev stock for Q4 2013, up 51% quarter-over-quarter.
- 4 funds opened new 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev positions in Q4 2013 and 2 closed out, a net change of +2 holders.
- The largest 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev buyer in Q4 2013 was Aviance Capital Partners, an estimated $676K added.
- The largest 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev seller in Q4 2013 was Carroll Financial Associates, an estimated $183K sold.
Based on aggregated 13F filings for Q4 2013.