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 $9.05M invested in 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev in 2018 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 5 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
0% more funds holding
Funds holding: 15 → 15 (0)
0% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 5
21% less capital invested
Capital invested by funds: $11.5M → $9.05M (-$2.41M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$141K |
| 2 |
HighTower Advisors
Chicago,
Illinois
|
+$93.3K |
| 3 |
SAM
Selway Asset Management
|
+$50.3K |
| 4 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$48.4K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
+$359 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
-$3.32M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$346K |
| 3 |
Jane Street
New York
|
-$190K |
| 4 |
Renaissance Technologies
New York
|
-$175K |
| 5 |
SAS
Stelac Advisory Services
New York
|
-$61.1K |
BDCL Hedge Fund Activity: Q4 2018 in Review
15 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev (BDCL) for Q4 2018, worth a combined $9.05M — down 21% from $11.5M a quarter earlier.
Fund positioning in BDCL was balanced in Q4 2018: 5 funds opened new positions, 5 closed out, 3 added to existing stakes and 2 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $141K. The largest seller was Claybrook Capital, exiting entirely with an estimated $3.32M sold.
- 15 institutional investors held 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev (BDCL) as of Q4 2018, unchanged from Q3 2018.
- Funds reported $9.05M of 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev stock for Q4 2018, down 21% quarter-over-quarter.
- 5 funds opened new 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev positions in Q4 2018 and 5 closed out, a net change of 0 holders.
- The largest 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev buyer in Q4 2018 was Citadel Advisors, an estimated $141K added.
- The largest 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev seller in Q4 2018 was Claybrook Capital, an estimated $3.32M sold.
Based on aggregated 13F filings for Q4 2018.