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 $10.5M invested in UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com in 2020 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
57% more capital invested
Capital invested by funds: $6.67M → $10.5M (+$3.8M)
16% more funds holding
Funds holding: 25 → 29 (+4)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HH
Hilltop Holdings
Dallas,
Texas
|
+$2.49M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$596K |
| 3 |
HT
HAP Trading
New York
|
+$311K |
| 4 |
PAS
Park Avenue Securities
New York
|
+$240K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$225K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$864K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$769K |
| 3 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$296K |
| 4 |
Osaic Holdings
Scottsdale,
Arizona
|
-$158K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$155K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
GRP
26
Global Retirement Partners
San Rafael,
California
| $8K | – | – | – |
|
27
Morgan Stanley
New York
| $7K | – | – | – |
|
|
CAN
28
Cetera Advisor Networks
El Segundo,
California
| $4K | +$3.89K | +300 | New |
|
|
S
29
SignatureFD
Atlanta,
Georgia
| $1K | – | – | – |
|
|
30
Citadel Advisors
Miami,
Florida
| – | -$769K | -68,256 | Closed |
|
|
CAN
31
Claraphi Advisory Network
Aliso Viejo,
United States
| – | -$45K | -3,974 | Closed |
|
|
NFG
32
Next Financial Group
Houston,
Texas
| – | -$3K | -265 | Closed |
|
|
AAM
33
Advisors Asset Management
Monument,
Colorado
| – | -$3K | -229 | Closed |
|
BDCS Hedge Fund Activity: Q2 2020 in Review
29 of the 4,877 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 2020, worth a combined $10.5M — up 57% from $6.67M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BDCS positions and 4 closed out — a net gain of 4 holders — while 7 added to existing stakes and 8 trimmed.
The largest buyer was Hilltop Holdings, adding an estimated $2.49M. The largest seller was Wells Fargo, cutting an estimated $864K.
- 29 institutional investors held UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com (BDCS) as of Q2 2020, up from 25 in Q1 2020.
- Funds reported $10.5M of UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com stock for Q2 2020, up 57% quarter-over-quarter.
- 8 funds opened new UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com positions in Q2 2020 and 4 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 Q2 2020 was Hilltop Holdings, an estimated $2.49M added.
- The largest UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com seller in Q2 2020 was Wells Fargo, an estimated $864K sold.
Based on aggregated 13F filings for Q2 2020.