2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev
BDCL
BDCL was delisted on the 1st of April, 2020.
15 hedge funds and large institutions have $20.2M invested in 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev in 2015 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 3 closing their positions.
0% more funds holding
Funds holding: 15 → 15 (0)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
15% less capital invested
Capital invested by funds: $23.8M → $20.2M (-$3.65M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Selway Asset Management
|
+$155K |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$48.7K |
| 3 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
+$36.4K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$24.1K |
| 5 |
Morgan Stanley
New York
|
+$1.89K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$3.7M |
| 2 |
Jane Street
New York
|
-$315K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$254K |
| 4 |
CAD
Craig A. Drill
|
-$164K |
| 5 |
SAS
Stelac Advisory Services
New York
|
-$161K |
BDCL Hedge Fund Activity: Q4 2015 in Review
15 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev (BDCL) for Q4 2015, worth a combined $20.2M — down 15% from $23.8M a quarter earlier.
Fund positioning in BDCL was balanced in Q4 2015: 3 funds opened new positions, 3 closed out, 3 added to existing stakes and 3 trimmed.
The largest buyer was Selway Asset Management, adding an estimated $155K. The largest seller was Rivernorth Capital Management, cutting an estimated $3.7M.
- 15 institutional investors held 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev (BDCL) as of Q4 2015, unchanged from Q3 2015.
- Funds reported $20.2M of 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev stock for Q4 2015, down 15% quarter-over-quarter.
- 3 funds opened new 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev positions in Q4 2015 and 3 closed out, a net change of 0 holders.
- The largest 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev buyer in Q4 2015 was Selway Asset Management, an estimated $155K added.
- The largest 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev seller in Q4 2015 was Rivernorth Capital Management, an estimated $3.7M sold.
Based on aggregated 13F filings for Q4 2015.