2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev
BDCL
BDCL was delisted on the 1st of April, 2020.
13 hedge funds and large institutions have $14.6M invested in 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev in 2018 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 2 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
2% more capital invested
Capital invested by funds: $14.4M → $14.6M (+$243K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
13% less funds holding
Funds holding: 15 → 13 (-2)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.18M |
| 2 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
+$99.6K |
| 3 |
FANJ
Financial Architects (New Jersey)
Marlton,
New Jersey
|
+$3.02K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
+$664 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Selway Asset Management
|
-$1.06M |
| 2 |
SP
Successful Portfolios
Clearwater,
Florida
|
-$147K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$10.6K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$15 |
BDCL Hedge Fund Activity: Q2 2018 in Review
13 of the 4,385 institutional investors tracked by Wall St. Rank reported a position in 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev (BDCL) for Q2 2018, worth a combined $14.6M — up 1.7% from $14.4M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of BDCL and 1 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 3 added.
The largest buyer was Jane Street, opening a new position worth an estimated $1.18M. The largest seller was Selway Asset Management, cutting an estimated $1.06M.
- 13 institutional investors held 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev (BDCL) as of Q2 2018, down from 15 in Q1 2018.
- Funds reported $14.6M of 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev stock for Q2 2018, up 1.7% quarter-over-quarter.
- 1 fund opened new 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev positions in Q2 2018 and 2 closed out, a net change of -1 holder.
- The largest 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev buyer in Q2 2018 was Jane Street, an estimated $1.18M added.
- The largest 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev seller in Q2 2018 was Selway Asset Management, an estimated $1.06M sold.
Based on aggregated 13F filings for Q2 2018.