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 $18M invested in UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 4 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
0% more funds holding
Funds holding: 28 → 28 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
6% less capital invested
Capital invested by funds: $19.2M → $18M (-$1.22M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$925K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$869K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$248K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$223K |
| 5 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
+$204K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SI
SII Investments
Appleton,
Wisconsin
|
-$2.3M |
| 2 |
WA
WESPAC Advisors
Orinda,
California
|
-$1.35M |
| 3 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
-$146K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$54.9K |
| 5 |
FHA
Flagship Harbor Advisors
Boston,
Massachusetts
|
-$49.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NFG
26
Next Financial Group
Houston,
Texas
| $6K | – | – | – |
|
|
AAM
27
Advisors Asset Management
Monument,
Colorado
| $5K | – | – | – |
|
|
SI
28
SII Investments
Appleton,
Wisconsin
| – | -$2.3M | -101,214 | Closed |
|
|
WA
29
WESPAC Advisors
Orinda,
California
| – | -$1.35M | -59,493 | Closed |
|
30
Creative Planning
Overland Park,
Kansas
| – | -$6K | -252 | Closed |
|
|
VWA
31
V Wealth Advisors
Overland Park,
Kansas
| – | -$5K | -200 | Closed |
|
BDCS Hedge Fund Activity: Q3 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 Q3 2017, worth a combined $18M — down 6.4% from $19.2M a quarter earlier.
Fund positioning in BDCS was balanced in Q3 2017: 4 funds opened new positions, 4 closed out, 11 added to existing stakes and 8 trimmed.
The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $925K. The largest seller was SII Investments, exiting entirely with an estimated $2.3M sold.
- 28 institutional investors held UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com (BDCS) as of Q3 2017, unchanged from Q2 2017.
- Funds reported $18M of UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com stock for Q3 2017, down 6.4% 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 Q3 2017 and 4 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 Q3 2017 was Ladenburg Thalmann Financial Services, an estimated $925K added.
- The largest UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com seller in Q3 2017 was SII Investments, an estimated $2.3M sold.
Based on aggregated 13F filings for Q3 2017.