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 $19.2M invested in UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 2 closing their positions.
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
8% more capital invested
Capital invested by funds: $17.9M → $19.2M (+$1.36M)
0% more funds holding
Funds holding: 28 → 28 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
SII Investments
Appleton,
Wisconsin
|
+$1.89M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$947K |
| 3 |
WA
WESPAC Advisors
Orinda,
California
|
+$476K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$269K |
| 5 |
CAS
Cue Advisory Services
Phoenix,
Arizona
|
+$200K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$950K |
| 2 |
MML Investors Services
Springfield,
Massachusetts
|
-$394K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$248K |
| 4 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
-$130K |
| 5 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
-$55.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AAM
26
Advisors Asset Management
Monument,
Colorado
| $5K | -$251 | -11 | -5% |
|
|
VWA
27
V Wealth Advisors
Overland Park,
Kansas
| $5K | +$4.57K | +200 | New |
|
|
28
MML Investors Services
Springfield,
Massachusetts
| – | -$394K | -14,720 | Closed |
|
29
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$18K | -750 | Closed |
|
BDCS Hedge Fund Activity: Q2 2017 in Review
28 of the 4,011 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 Q2 2017, worth a combined $19.2M — up 7.6% from $17.9M a quarter earlier.
Fund positioning in BDCS was balanced in Q2 2017: 2 funds opened new positions, 2 closed out, 10 added to existing stakes and 9 trimmed.
The largest buyer was SII Investments, adding an estimated $1.89M. The largest seller was Royal Bank of Canada, cutting an estimated $950K.
- 28 institutional investors held UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com (BDCS) as of Q2 2017, unchanged from Q1 2017.
- Funds reported $19.2M of UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com stock for Q2 2017, up 7.6% quarter-over-quarter.
- 2 funds opened new UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com positions in Q2 2017 and 2 closed out, a net change of 0 holders.
- The largest UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com buyer in Q2 2017 was SII Investments, an estimated $1.89M added.
- The largest UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com seller in Q2 2017 was Royal Bank of Canada, an estimated $950K sold.
Based on aggregated 13F filings for Q2 2017.