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 $32.7M invested in UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com in 2019 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 15 increasing their positions, 9 reducing their positions, and 2 closing their positions.
67% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 9
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
13% more capital invested
Capital invested by funds: $28.9M → $32.7M (+$3.78M)
0% more funds holding
Funds holding: 33 → 33 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
+$909K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$809K |
| 3 |
HH
Hilltop Holdings
Dallas,
Texas
|
+$455K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$425K |
| 5 |
PAS
Park Avenue Securities
New York
|
+$292K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$275K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$250K |
| 3 |
HIS
Harvest Investment Services
Oakbrook Terrace,
Illinois
|
-$227K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$132K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$53.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $53K | +$36.2K | +1,815 | +239% |
|
27
Morgan Stanley
New York
| $35K | -$25.6K | -1,286 | -43% |
|
|
APA
28
American Portfolios Advisors
Holbrook,
New York
| $33.8K | – | – | – |
|
|
GRP
29
Global Retirement Partners
San Rafael,
California
| $11K | – | – | – |
|
30
UBS Group
Zurich,
Switzerland
| $5K | -$5.26K | -264 | -53% |
|
|
AAM
31
Advisors Asset Management
Monument,
Colorado
| $5K | – | – | – |
|
|
NFG
32
Next Financial Group
Houston,
Texas
| $5K | – | – | – |
|
|
33
Citadel Advisors
Miami,
Florida
| – | -$250K | -12,389 | Closed |
|
|
CIAS
34
Capital Investment Advisory Services
Raleigh,
North Carolina
| – | -$40K | -2,000 | Closed |
|
35
Fidelity Investments
Boston,
Massachusetts
| – | +$20 | +1 | New |
|
BDCS Hedge Fund Activity: Q4 2019 in Review
33 of the 5,075 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 Q4 2019, worth a combined $32.7M — up 13% from $28.9M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new BDCS positions and 2 closed out — a net gain of 1 holder — while 15 added to existing stakes and 9 trimmed.
The largest buyer was Concourse Financial Group Securities, adding an estimated $909K. The largest seller was Thrivent Financial for Lutherans, cutting an estimated $275K.
- 33 institutional investors held UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com (BDCS) as of Q4 2019, unchanged from Q3 2019.
- Funds reported $32.7M of UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com stock for Q4 2019, up 13% 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 Q4 2019 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 Q4 2019 was Concourse Financial Group Securities, an estimated $909K added.
- The largest UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com seller in Q4 2019 was Thrivent Financial for Lutherans, an estimated $275K sold.
Based on aggregated 13F filings for Q4 2019.