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 $7.15M invested in UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com in 2015 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
12% more funds holding
Funds holding: 17 → 19 (+2)
19% less capital invested
Capital invested by funds: $8.87M → $7.15M (-$1.72M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
+$220K |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$220K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$189K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
+$114K |
| 5 |
AIG
American International Group
New York
|
+$39.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
1IA
1834 Investment Advisors
Milwaukee,
Wisconsin
|
-$1.73M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$241K |
| 3 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$139K |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$67.8K |
| 5 |
WRM
Westport Resources Management
Westport,
Connecticut
|
-$11.5K |
BDCS Hedge Fund Activity: Q2 2015 in Review
19 of the 3,730 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 2015, worth a combined $7.15M — down 19% from $8.87M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new BDCS positions and 1 closed out — a net gain of 2 holders — while 6 added to existing stakes and 5 trimmed.
The largest buyer was Janney Montgomery Scott, opening a new position worth an estimated $220K. The largest seller was 1834 Investment Advisors, cutting an estimated $1.73M.
- 19 institutional investors held UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com (BDCS) as of Q2 2015, up from 17 in Q1 2015.
- Funds reported $7.15M of UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com stock for Q2 2015, down 19% 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 2015 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 2015 was Janney Montgomery Scott, an estimated $220K added.
- The largest UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com seller in Q2 2015 was 1834 Investment Advisors, an estimated $1.73M sold.
Based on aggregated 13F filings for Q2 2015.