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.
19 hedge funds and large institutions have $7.49M invested in UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com in 2014 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
17% more capital invested
Capital invested by funds: $6.42M → $7.49M (+$1.07M)
12% more funds holding
Funds holding: 17 → 19 (+2)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$1.01M |
| 2 |
Jane Street
New York
|
+$412K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$189K |
| 4 |
AIG
American International Group
New York
|
+$53.3K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$19.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Stifel Financial
St. Louis,
Missouri
|
-$207K |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$156K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
-$136K |
| 4 |
WRM
Westport Resources Management
Westport,
Connecticut
|
-$16.5K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$9.44K |
BDCS Hedge Fund Activity: Q4 2014 in Review
19 of the 3,765 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 2014, worth a combined $7.49M — up 17% from $6.42M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new BDCS positions and 4 closed out — a net gain of 2 holders — while 4 added to existing stakes and 6 trimmed.
The largest buyer was Ladenburg Thalmann Financial Services, adding an estimated $1.01M. The largest seller was Stifel Financial, exiting entirely with an estimated $207K sold.
- 19 institutional investors held UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com (BDCS) as of Q4 2014, up from 17 in Q3 2014.
- Funds reported $7.49M of UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com stock for Q4 2014, up 17% quarter-over-quarter.
- 6 funds opened new UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com positions in Q4 2014 and 4 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 2014 was Ladenburg Thalmann Financial Services, an estimated $1.01M added.
- The largest UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com seller in Q4 2014 was Stifel Financial, an estimated $207K sold.
Based on aggregated 13F filings for Q4 2014.