2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev
BDCL
BDCL was delisted on the 1st of April, 2020.
9 hedge funds and large institutions have $1.43M invested in 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 0 reducing their positions, and 7 closing their positions.
1.41% less ownership
Funds ownership: 6% → 4.59% (-1.4%)
31% less funds holding
Funds holding: 13 → 9 (-4)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
70% less capital inflows, than outflows
Capital inflows: $1.33M | Capital outflows: $4.43M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$957K |
| 2 |
AWS
AJ Wealth Strategies
New York
|
+$263K |
| 3 |
CAN
Claraphi Advisory Network
Aliso Viejo,
United States
|
+$63.2K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$38.5K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$12.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIS
Harvest Investment Services
Oakbrook Terrace,
Illinois
|
-$2.7M |
| 2 |
SAM
Selway Asset Management
|
-$766K |
| 3 |
Jane Street
New York
|
-$708K |
| 4 |
DZ Bank
Frankfurt Am Main,
Germany
|
-$151K |
| 5 |
Westwood Holdings Group
Dallas,
Texas
|
-$59K |
BDCL Hedge Fund Activity: Q1 2020 in Review
9 of the 4,549 institutional investors tracked by Wall St. Rank reported a position in 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev (BDCL) for Q1 2020, worth a combined $1.43M — down 88% from $11.4M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of BDCL and 4 opened new positions — a net loss of 3 holders — while 0 trimmed existing stakes and 2 added.
The largest buyer was Susquehanna International Group, adding an estimated $957K. The largest seller was Harvest Investment Services, exiting entirely with an estimated $2.7M sold.
- 9 institutional investors held 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev (BDCL) as of Q1 2020, down from 13 in Q4 2019.
- Funds reported $1.43M of 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev stock for Q1 2020, down 88% quarter-over-quarter.
- 4 funds opened new 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev positions in Q1 2020 and 7 closed out, a net change of -3 holders.
- The largest 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev buyer in Q1 2020 was Susquehanna International Group, an estimated $957K added.
- The largest 2Leveraged Long ETRACS Linked to the Wells Fargo Business Dev seller in Q1 2020 was Harvest Investment Services, an estimated $2.7M sold.
Based on aggregated 13F filings for Q1 2020.