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.
33 hedge funds and large institutions have $24.9M invested in UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com in 2018 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
14% more funds holding
Funds holding: 29 → 33 (+4)
14% more capital invested
Capital invested by funds: $21.8M → $24.9M (+$3.01M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Advisor Group
Phoenix,
Arizona
|
+$830K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$564K |
| 3 |
RT
Rockland Trust
Hanover,
Massachusetts
|
+$561K |
| 4 |
Jane Street
New York
|
+$269K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$260K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BAM
Belpointe Asset Management
Reno,
Nevada
|
-$351K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$297K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$276K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
-$57.6K |
| 5 |
SAS
Stelac Advisory Services
New York
|
-$46.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $33K | +$642 | +31 | +2% |
|
27
Morgan Stanley
New York
| $13K | – | – | – |
|
|
ME
28
McIlrath & Eck
Arlington,
Washington
| $12K | – | – | – |
|
|
GRP
29
Global Retirement Partners
San Rafael,
California
| $11K | – | – | – |
|
|
CFG
30
Citizens Financial Group
Providence,
Rhode Island
| $6K | +$6.32K | +305 | New |
|
|
AAM
31
Advisors Asset Management
Monument,
Colorado
| $5K | – | – | – |
|
|
NFG
32
Next Financial Group
Houston,
Texas
| $5K | +$5.49K | +265 | New |
|
|
BAM
33
Belpointe Asset Management
Reno,
Nevada
| – | -$351K | -17,276 | Closed |
|
|
34
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$297K | -14,604 | Closed |
|
35
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$11K | -550 | Closed |
|
BDCS Hedge Fund Activity: Q3 2018 in Review
33 of the 4,374 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 2018, worth a combined $24.9M — up 14% from $21.8M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new BDCS positions and 3 closed out — a net gain of 4 holders — while 11 added to existing stakes and 5 trimmed.
The largest buyer was Advisor Group, adding an estimated $830K. The largest seller was Belpointe Asset Management, exiting entirely with an estimated $351K sold.
- 33 institutional investors held UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com (BDCS) as of Q3 2018, up from 29 in Q2 2018.
- Funds reported $24.9M of UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com stock for Q3 2018, up 14% quarter-over-quarter.
- 7 funds opened new UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com positions in Q3 2018 and 3 closed out, a net change of +4 holders.
- The largest UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com buyer in Q3 2018 was Advisor Group, an estimated $830K added.
- The largest UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com seller in Q3 2018 was Belpointe Asset Management, an estimated $351K sold.
Based on aggregated 13F filings for Q3 2018.