2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev
BDCL
BDCL was delisted on the 1st of April, 2020.
18 hedge funds and large institutions have $14.2M invested in 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 3 closing their positions.
46% more capital invested
Capital invested by funds: $9.72M → $14.2M (+$4.46M)
0% more funds holding
Funds holding: 18 → 18 (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
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Selway Asset Management
|
+$4.51M |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$247K |
| 3 |
VF
Virtu Financial
New York
|
+$229K |
| 4 |
SAS
Stelac Advisory Services
New York
|
+$171K |
| 5 |
TPW
Tiller Private Wealth
Bethlehem,
Pennsylvania
|
+$65.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AIA
Allegis Investment Advisors
Idaho Falls,
Idaho
|
-$77K |
| 2 |
Morgan Stanley
New York
|
-$57.1K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$25K |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$22.6K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$16K |
BDCL Hedge Fund Activity: Q3 2017 in Review
18 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev (BDCL) for Q3 2017, worth a combined $14.2M — up 46% from $9.72M a quarter earlier.
Fund positioning in BDCL was balanced in Q3 2017: 3 funds opened new positions, 3 closed out, 4 added to existing stakes and 6 trimmed.
The largest buyer was Selway Asset Management, adding an estimated $4.51M. The largest seller was Allegis Investment Advisors, cutting an estimated $77K.
- 18 institutional investors held 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev (BDCL) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $14.2M of 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev stock for Q3 2017, up 46% quarter-over-quarter.
- 3 funds opened new 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev positions in Q3 2017 and 3 closed out, a net change of 0 holders.
- The largest 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev buyer in Q3 2017 was Selway Asset Management, an estimated $4.51M added.
- The largest 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev seller in Q3 2017 was Allegis Investment Advisors, an estimated $77K sold.
Based on aggregated 13F filings for Q3 2017.