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.
10 hedge funds and large institutions have $3.67M invested in UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com in 2013 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 6 increasing their positions, 2 reducing their positions, and 2 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 2
17% less funds holding
Funds holding: 12 → 10 (-2)
29% less capital invested
Capital invested by funds: $5.15M → $3.67M (-$1.48M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$300K |
| 2 |
1IA
1834 Investment Advisors
Milwaukee,
Wisconsin
|
+$119K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$77.8K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$39.6K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$5.12K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCG
Strategic Capital Group
Gig Harbor,
Washington
|
-$1.39M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$666K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$78.5K |
| 4 |
US Bancorp
Minneapolis,
Minnesota
|
-$5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1IA
1
1834 Investment Advisors
Milwaukee,
Wisconsin
| $2.1M | +$119K | +4,500 | +6% |
|
|
AIG
2
American International Group
New York
| $508K | +$3.43K | +130 | +0.7% |
|
|
3
Ameriprise
Minneapolis,
Minnesota
| $324K | +$300K | +11,393 | +1,753% |
|
|
4
Bank of Montreal
Toronto,
Ontario, Canada
| $292K | +$77.8K | +2,950 | +37% |
|
|
5
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $232K | -$78.5K | -2,975 | -26% |
|
|
SCG
6
Strategic Capital Group
Gig Harbor,
Washington
| $89K | -$1.39M | -52,869 | -94% |
|
|
7
Royal Bank of Canada
Toronto,
Ontario, Canada
| $59K | +$39.6K | +1,500 | +211% |
|
|
LTFS
8
Ladenburg Thalmann Financial Services
Miami,
Florida
| $40K | +$5.12K | +194 | +15% |
|
|
LIA
9
LS Investment Advisors
Bloomfield Hills,
Michigan
| $20K | – | – | – |
|
|
RJA
10
Raymond James & Associates
St Petersburg,
Florida
| – | -$666K | -25,516 | Closed |
|
|
11
US Bancorp
Minneapolis,
Minnesota
| – | -$5K | -200 | Closed |
|
BDCS Hedge Fund Activity: Q4 2013 in Review
10 of the 3,445 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 2013, worth a combined $3.67M — down 29% from $5.15M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of BDCS and 0 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 6 added.
The largest buyer was Ameriprise, adding an estimated $300K. The largest seller was Strategic Capital Group, cutting an estimated $1.39M.
- 10 institutional investors held UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com (BDCS) as of Q4 2013, down from 12 in Q3 2013.
- Funds reported $3.67M of UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com stock for Q4 2013, down 29% quarter-over-quarter.
- 0 funds opened new UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com positions in Q4 2013 and 2 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 Q4 2013 was Ameriprise, an estimated $300K added.
- The largest UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com seller in Q4 2013 was Strategic Capital Group, an estimated $1.39M sold.
Based on aggregated 13F filings for Q4 2013.