2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev
BDCL
BDCL was delisted on the 1st of April, 2020.
11 hedge funds and large institutions have $7.38M invested in 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev in 2014 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 2 closing their positions.
174% more capital invested
Capital invested by funds: $2.69M → $7.38M (+$4.69M)
0% more funds holding
Funds holding: 11 → 11 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
0% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EML
Eos Management LP
New York
|
+$3.9M |
| 2 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$739K |
| 3 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
+$324K |
| 4 |
SAS
Stelac Advisory Services
New York
|
+$93.1K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$15.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACP
Aviance Capital Partners
Naples,
Florida
|
-$239K |
| 2 |
Morgan Stanley
New York
|
-$103K |
| 3 |
AIG
American International Group
New York
|
-$11.8K |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$5K |
| 5 |
MIM
Macroview Investment Management
Bethesda,
Maryland
|
-$3.92K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EML
1
Eos Management LP
New York
| $4.28M | +$3.9M | +149,231 | New |
|
|
ACP
2
Aviance Capital Partners
Naples,
Florida
| $1.14M | -$239K | -9,150 | -19% |
|
|
CFA
3
Carroll Financial Associates
Charlotte,
North Carolina
| $728K | +$324K | +12,400 | +95% |
|
|
BRWA
4
B. Riley Wealth Advisors
Boca Raton,
Florida
| $542K | +$739K | +28,294 | +299% |
|
|
5
Morgan Stanley
New York
| $240K | -$103K | -3,952 | -32% |
|
|
AIG
6
American International Group
New York
| $218K | -$11.8K | -450 | -6% |
|
|
SAS
7
Stelac Advisory Services
New York
| $102K | +$93.1K | +3,565 | New |
|
|
U
8
UBS
Zurich,
Switzerland
| $69K | +$15.5K | +593 | +33% |
|
|
TWA
9
TCI Wealth Advisors
Tucson,
Arizona
| $43K | +$9.82K | +376 | +33% |
|
|
LTFS
10
Ladenburg Thalmann Financial Services
Miami,
Florida
| $10K | – | – | – |
|
|
MIM
11
Macroview Investment Management
Bethesda,
Maryland
| $6K | -$3.92K | -150 | -43% |
|
|
MFS
12
MSI Financial Services
Springfield,
Massachusetts
| – | -$5K | -174 | Closed |
|
13
Wells Fargo
San Francisco,
California
| – | -$26 | -1 | Closed |
|
BDCL Hedge Fund Activity: Q2 2014 in Review
11 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev (BDCL) for Q2 2014, worth a combined $7.38M — up 174% from $2.69M a quarter earlier.
Fund positioning in BDCL was balanced in Q2 2014: 2 funds opened new positions, 2 closed out, 4 added to existing stakes and 4 trimmed.
The largest buyer was Eos Management LP, opening a new position worth an estimated $3.9M. The largest seller was Aviance Capital Partners, cutting an estimated $239K.
- 11 institutional investors held 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev (BDCL) as of Q2 2014, unchanged from Q1 2014.
- Funds reported $7.38M of 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev stock for Q2 2014, up 174% quarter-over-quarter.
- 2 funds opened new 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev positions in Q2 2014 and 2 closed out, a net change of 0 holders.
- The largest 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev buyer in Q2 2014 was Eos Management LP, an estimated $3.9M added.
- The largest 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev seller in Q2 2014 was Aviance Capital Partners, an estimated $239K sold.
Based on aggregated 13F filings for Q2 2014.