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.
15 hedge funds and large institutions have $6.43M invested in UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com in 2014 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
38% more capital invested
Capital invested by funds: $4.67M → $6.43M (+$1.76M)
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
15% more funds holding
Funds holding: 13 → 15 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
+$763K |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$354K |
| 3 |
1IA
1834 Investment Advisors
Milwaukee,
Wisconsin
|
+$241K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$207K |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$199K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCG
Strategic Capital Group
Gig Harbor,
Washington
|
-$103K |
| 2 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
-$79.8K |
| 3 |
AIG
American International Group
New York
|
-$17.2K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$10.6K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$2.8K |
BDCS Hedge Fund Activity: Q2 2014 in Review
15 of the 3,480 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 2014, worth a combined $6.43M — up 38% from $4.67M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new BDCS positions and 1 closed out — a net gain of 2 holders — while 5 added to existing stakes and 4 trimmed.
The largest buyer was Merriman Wealth Management, opening a new position worth an estimated $763K. The largest seller was Strategic Capital Group, exiting entirely with an estimated $103K sold.
- 15 institutional investors held UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com (BDCS) as of Q2 2014, up from 13 in Q1 2014.
- Funds reported $6.43M of UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com stock for Q2 2014, up 38% 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 Q2 2014 and 1 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 Q2 2014 was Merriman Wealth Management, an estimated $763K added.
- The largest UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com seller in Q2 2014 was Strategic Capital Group, an estimated $103K sold.
Based on aggregated 13F filings for Q2 2014.