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.
36 hedge funds and large institutions have $24.1M invested in UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 11 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
8% more capital invested
Capital invested by funds: $22.4M → $24.1M (+$1.74M)
6% more funds holding
Funds holding: 34 → 36 (+2)
0% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$615K |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$501K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$400K |
| 4 |
Morgan Stanley
New York
|
+$186K |
| 5 |
SAS
Stelac Advisory Services
New York
|
+$174K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AG
Advisor Group
Phoenix,
Arizona
|
-$1.03M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$863K |
| 3 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$265K |
| 4 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$253K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$226K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $82K | +$6.08K | +314 | +8% |
|
|
APA
27
American Portfolios Advisors
Holbrook,
New York
| $45.4K | +$44.6K | +2,304 | New |
|
|
CIAS
28
Capital Investment Advisory Services
Raleigh,
North Carolina
| $39K | – | – | – |
|
29
Fifth Third Bancorp
Cincinnati,
Ohio
| $18K | +$17.5K | +905 | New |
|
30
UBS Group
Zurich,
Switzerland
| $15K | +$14.9K | +771 | New |
|
|
GRP
31
Global Retirement Partners
San Rafael,
California
| $11K | – | – | – |
|
|
AAM
32
Advisors Asset Management
Monument,
Colorado
| $5K | – | – | – |
|
|
NFG
33
Next Financial Group
Houston,
Texas
| $5K | – | – | – |
|
|
NFH
34
NEXT Financial Holdings
Houston,
Texas
| $5K | +$5.13K | +265 | New |
|
|
IA
35
IFP Advisors
Tampa,
Florida
| $2K | – | – | – |
|
|
EGA
36
Eagle Global Advisors
Houston,
Texas
| – | -$265K | -15,000 | Closed |
|
|
RJFSA
37
Raymond James Financial Services Advisors
St. Petersburg,
Florida
| – | -$253K | -14,320 | Closed |
|
|
38
Citadel Advisors
Miami,
Florida
| – | -$226K | -12,771 | Closed |
|
BDCS Hedge Fund Activity: Q1 2019 in Review
36 of the 4,620 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 2019, worth a combined $24.1M — up 7.8% from $22.4M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BDCS positions and 4 closed out — a net gain of 2 holders — while 11 added to existing stakes and 11 trimmed.
The largest buyer was Ameriprise, adding an estimated $615K. The largest seller was Advisor Group, cutting an estimated $1.03M.
- 36 institutional investors held UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com (BDCS) as of Q1 2019, up from 34 in Q4 2018.
- Funds reported $24.1M of UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com stock for Q1 2019, up 7.8% quarter-over-quarter.
- 6 funds opened new UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com positions in Q1 2019 and 4 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 2019 was Ameriprise, an estimated $615K added.
- The largest UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com seller in Q1 2019 was Advisor Group, an estimated $1.03M sold.
Based on aggregated 13F filings for Q1 2019.