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.
17 hedge funds and large institutions have $6.42M invested in UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com in 2014 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 2 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
13% more funds holding
Funds holding: 15 → 17 (+2)
0% less capital invested
Capital invested by funds: $6.43M → $6.42M (-$9.95K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$537K |
| 2 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
+$218K |
| 3 |
Stifel Financial
St. Louis,
Missouri
|
+$218K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$198K |
| 5 |
AIG
American International Group
New York
|
+$145K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWM
Merriman Wealth Management
Seattle,
Washington
|
-$775K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$147K |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$51.7K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$25.5K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$5.29K |
BDCS Hedge Fund Activity: Q3 2014 in Review
17 of the 3,447 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 Q3 2014, worth a combined $6.42M — down 0.15% from $6.43M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new BDCS positions and 2 closed out — a net gain of 2 holders — while 7 added to existing stakes and 3 trimmed.
The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $537K. The largest seller was Merriman Wealth Management, exiting entirely with an estimated $775K sold.
- 17 institutional investors held UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com (BDCS) as of Q3 2014, up from 15 in Q2 2014.
- Funds reported $6.42M of UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com stock for Q3 2014, down 0.15% quarter-over-quarter.
- 4 funds opened new UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com positions in Q3 2014 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 Q3 2014 was Ladenburg Thalmann Financial Services, an estimated $537K added.
- The largest UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com seller in Q3 2014 was Merriman Wealth Management, an estimated $775K sold.
Based on aggregated 13F filings for Q3 2014.