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.
29 hedge funds and large institutions have $21.8M invested in UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com in 2018 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
6% more capital invested
Capital invested by funds: $20.6M → $21.8M (+$1.24M)
4% more funds holding
Funds holding: 28 → 29 (+1)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.19M |
| 2 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
+$346K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$280K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
+$185K |
| 5 |
SIS
Sound Income Strategies
Ft Lauderdale,
Florida
|
+$61.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$707K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$691K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$382K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$236K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$157K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GRP
26
Global Retirement Partners
San Rafael,
California
| $11K | – | – | – |
|
27
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| $11K | +$11K | +550 | New |
|
|
AAM
28
Advisors Asset Management
Monument,
Colorado
| $5K | – | – | – |
|
|
29
Jane Street
New York
| – | -$707K | -35,721 | Closed |
|
30
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$30K | -1,542 | Closed |
|
BDCS Hedge Fund Activity: Q2 2018 in Review
29 of the 4,368 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 2018, worth a combined $21.8M — up 6% from $20.6M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new BDCS positions and 2 closed out — a net gain of 1 holder — while 7 added to existing stakes and 8 trimmed.
The largest buyer was Ameriprise, adding an estimated $2.19M. The largest seller was Jane Street, exiting entirely with an estimated $707K sold.
- 29 institutional investors held UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com (BDCS) as of Q2 2018, up from 28 in Q1 2018.
- Funds reported $21.8M of UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com stock for Q2 2018, up 6% quarter-over-quarter.
- 3 funds opened new UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com positions in Q2 2018 and 2 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 Q2 2018 was Ameriprise, an estimated $2.19M added.
- The largest UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com seller in Q2 2018 was Jane Street, an estimated $707K sold.
Based on aggregated 13F filings for Q2 2018.