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.
28 hedge funds and large institutions have $17.9M invested in UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com in 2017 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
15% more capital invested
Capital invested by funds: $15.5M → $17.9M (+$2.39M)
4% more funds holding
Funds holding: 27 → 28 (+1)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.09M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$929K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$787K |
| 4 |
SI
SII Investments
Appleton,
Wisconsin
|
+$426K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
+$341K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
-$1.25M |
| 2 |
Jane Street
New York
|
-$950K |
| 3 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$316K |
| 4 |
WA
WESPAC Advisors
Orinda,
California
|
-$202K |
| 5 |
MFP
Mosaic Financial Partners
San Francisco,
California
|
-$124K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AAM
26
Advisors Asset Management
Monument,
Colorado
| $6K | – | – | – |
|
|
NFG
27
Next Financial Group
Houston,
Texas
| $6K | – | – | – |
|
|
28
Jane Street
New York
| – | -$950K | -41,860 | Closed |
|
|
29
Janney Montgomery Scott
Philadelphia,
Pennsylvania
| – | -$316K | -13,925 | Closed |
|
BDCS Hedge Fund Activity: Q1 2017 in Review
28 of the 4,017 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 Q1 2017, worth a combined $17.9M — up 15% from $15.5M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new BDCS positions and 2 closed out — a net gain of 2 holders — while 8 added to existing stakes and 9 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $1.09M. The largest seller was Investment Centers of America, cutting an estimated $1.25M.
- 28 institutional investors held UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com (BDCS) as of Q1 2017, up from 27 in Q4 2016.
- Funds reported $17.9M of UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com stock for Q1 2017, up 15% quarter-over-quarter.
- 4 funds opened new UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com positions in Q1 2017 and 2 closed out, a net change of +2 holders.
- The largest UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com buyer in Q1 2017 was Royal Bank of Canada, an estimated $1.09M added.
- The largest UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com seller in Q1 2017 was Investment Centers of America, an estimated $1.25M sold.
Based on aggregated 13F filings for Q1 2017.