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.
13 hedge funds and large institutions have $4.67M invested in UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 1 reducing their positions, and 0 closing their positions.
700% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 1
30% more funds holding
Funds holding: 10 → 13 (+3)
27% more capital invested
Capital invested by funds: $3.67M → $4.67M (+$1.01M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
+$361K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$321K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$187K |
| 4 |
1IA
1834 Investment Advisors
Milwaukee,
Wisconsin
|
+$107K |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$95.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$39.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1IA
1
1834 Investment Advisors
Milwaukee,
Wisconsin
| $2.15M | +$107K | +4,050 | +5% |
|
|
2
Ameriprise
Minneapolis,
Minnesota
| $632K | +$321K | +12,112 | +101% |
|
|
AIG
3
American International Group
New York
| $500K | +$6.36K | +240 | +1% |
|
|
4
Bank of Montreal
Toronto,
Ontario, Canada
| $468K | +$187K | +7,050 | +65% |
|
|
VFS
5
VSR Financial Services
Overland Park,
Kansas
| $357K | +$361K | +13,638 | New |
|
|
6
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $319K | +$95.3K | +3,600 | +42% |
|
|
SCG
7
Strategic Capital Group
Gig Harbor,
Washington
| $103K | +$9.93K | +375 | +11% |
|
|
LTFS
8
Ladenburg Thalmann Financial Services
Miami,
Florida
| $55K | +$15.7K | +592 | +40% |
|
9
Wells Fargo
San Francisco,
California
| $43K | +$44K | +1,660 | +166,000% |
|
|
LIA
10
LS Investment Advisors
Bloomfield Hills,
Michigan
| $20K | – | – | – |
|
|
11
Royal Bank of Canada
Toronto,
Ontario, Canada
| $19K | -$39.7K | -1,500 | -68% |
|
12
Creative Planning
Overland Park,
Kansas
| $5K | +$5.3K | +200 | New |
|
|
WRM
13
Westport Resources Management
Westport,
Connecticut
| $4K | +$3.97K | +150 | New |
|
BDCS Hedge Fund Activity: Q1 2014 in Review
13 of the 3,463 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 2014, worth a combined $4.67M — up 27% from $3.67M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new BDCS positions and 0 closed out — a net gain of 3 holders — while 8 added to existing stakes and 1 trimmed.
The largest buyer was VSR Financial Services, opening a new position worth an estimated $361K. The largest seller was Royal Bank of Canada, cutting an estimated $39.7K.
- 13 institutional investors held UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com (BDCS) as of Q1 2014, up from 10 in Q4 2013.
- Funds reported $4.67M of UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com stock for Q1 2014, up 27% 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 Q1 2014 and 0 closed out, a net change of +3 holders.
- The largest UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com buyer in Q1 2014 was VSR Financial Services, an estimated $361K added.
- The largest UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com seller in Q1 2014 was Royal Bank of Canada, an estimated $39.7K sold.
Based on aggregated 13F filings for Q1 2014.