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.
21 hedge funds and large institutions have $9.09M invested in UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 5 closing their positions.
0% more capital invested
Capital invested by funds: $9.05M → $9.09M (+$42K)
13% less funds holding
Funds holding: 24 → 21 (-3)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFP
Mosaic Financial Partners
San Francisco,
California
|
+$1.92M |
| 2 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
+$350K |
| 3 |
LPL Financial
San Diego,
California
|
+$205K |
| 4 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
+$142K |
| 5 |
AIG
American International Group
New York
|
+$14.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.42M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$362K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$228K |
| 4 |
Jane Street
New York
|
-$213K |
| 5 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$151K |
BDCS Hedge Fund Activity: Q1 2016 in Review
21 of the 3,767 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 2016, worth a combined $9.09M — up 0.46% from $9.05M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BDCS and 2 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 5 added.
The largest buyer was Mosaic Financial Partners, opening a new position worth an estimated $1.92M. The largest seller was Royal Bank of Canada, cutting an estimated $1.42M.
- 21 institutional investors held UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com (BDCS) as of Q1 2016, down from 24 in Q4 2015.
- Funds reported $9.09M of UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com stock for Q1 2016, up 0.46% 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 2016 and 5 closed out, a net change of -3 holders.
- The largest UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com buyer in Q1 2016 was Mosaic Financial Partners, an estimated $1.92M added.
- The largest UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com seller in Q1 2016 was Royal Bank of Canada, an estimated $1.42M sold.
Based on aggregated 13F filings for Q1 2016.