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 $8.87M invested in UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com in 2015 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 4 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
18% more capital invested
Capital invested by funds: $7.49M → $8.87M (+$1.38M)
11% less funds holding
Funds holding: 19 → 17 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
+$1.39M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$382K |
| 3 |
VFS
VSR Financial Services
Overland Park,
Kansas
|
+$331K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$69.4K |
| 5 |
CFN
Cordasco Financial Network
Naples,
Florida
|
+$5.85K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$400K |
| 2 |
Simplex Trading
Chicago,
Illinois
|
-$289K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$183K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$112K |
| 5 |
WRM
Westport Resources Management
Westport,
Connecticut
|
-$13.8K |
BDCS Hedge Fund Activity: Q1 2015 in Review
17 of the 3,770 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 2015, worth a combined $8.87M — up 18% from $7.49M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of BDCS and 2 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 4 added.
The largest buyer was Investment Centers of America, opening a new position worth an estimated $1.39M. The largest seller was Jane Street, exiting entirely with an estimated $400K sold.
- 17 institutional investors held UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com (BDCS) as of Q1 2015, down from 19 in Q4 2014.
- Funds reported $8.87M of UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com stock for Q1 2015, up 18% quarter-over-quarter.
- 2 funds opened new UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com positions in Q1 2015 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 Q1 2015 was Investment Centers of America, an estimated $1.39M added.
- The largest UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com seller in Q1 2015 was Jane Street, an estimated $400K sold.
Based on aggregated 13F filings for Q1 2015.