UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com
BDCS
BDCS was delisted on the 25th of November, 2020.
24 hedge funds and large institutions have $9.05M invested in UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com in 2015 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 6 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
13% more capital invested
Capital invested by funds: $7.97M → $9.05M (+$1.07M)
4% less funds holding
Funds holding: 25 → 24 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$925K |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$230K |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$209K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$91.3K |
| 5 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
+$64.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFP
Mosaic Financial Partners
San Francisco,
California
|
-$231K |
| 2 |
Jane Street
New York
|
-$158K |
| 3 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
-$123K |
| 4 |
1IA
1834 Investment Advisors
Milwaukee,
Wisconsin
|
-$90.1K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$60.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LIA
26
LS Investment Advisors
Bloomfield Hills,
Michigan
| – | -$15K | -760 | Closed |
|
27
Creative Planning
Overland Park,
Kansas
| – | -$6K | -300 | Closed |
|
|
WRM
28
Westport Resources Management
Westport,
Connecticut
| – | -$5K | -250 | Closed |
|
29
Wells Fargo
San Francisco,
California
| – | -$20 | -1 | Closed |
|
BDCS Hedge Fund Activity: Q4 2015 in Review
24 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com (BDCS) for Q4 2015, worth a combined $9.05M — up 13% from $7.97M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BDCS and 5 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 7 added.
The largest buyer was Royal Bank of Canada, adding an estimated $925K. The largest seller was Mosaic Financial Partners, exiting entirely with an estimated $231K sold.
- 24 institutional investors held UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com (BDCS) as of Q4 2015, down from 25 in Q3 2015.
- Funds reported $9.05M of UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com stock for Q4 2015, up 13% quarter-over-quarter.
- 5 funds opened new UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com positions in Q4 2015 and 6 closed out, a net change of -1 holder.
- The largest UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com buyer in Q4 2015 was Royal Bank of Canada, an estimated $925K added.
- The largest UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com seller in Q4 2015 was Mosaic Financial Partners, an estimated $231K sold.
Based on aggregated 13F filings for Q4 2015.