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 $8.95M invested in UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com in 2016 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 5 closing their positions.
2% less capital invested
Capital invested by funds: $9.09M → $8.95M (-$144K)
10% less funds holding
Funds holding: 21 → 19 (-2)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PCP
Proficio Capital Partners
Newton,
Massachusetts
|
+$830K |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$281K |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$135K |
| 4 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$96.1K |
| 5 |
ICOA
Investment Centers of America
Bismarck,
North Dakota
|
+$60.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
-$633K |
| 2 |
AIG
American International Group
New York
|
-$482K |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$361K |
| 4 |
MFP
Mosaic Financial Partners
San Francisco,
California
|
-$344K |
| 5 |
LPL Financial
San Diego,
California
|
-$221K |
BDCS Hedge Fund Activity: Q2 2016 in Review
19 of the 3,756 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 2016, worth a combined $8.95M — down 1.6% from $9.09M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of BDCS and 3 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 6 added.
The largest buyer was Proficio Capital Partners, opening a new position worth an estimated $830K. The largest seller was Carroll Financial Associates, exiting entirely with an estimated $633K sold.
- 19 institutional investors held UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com (BDCS) as of Q2 2016, down from 21 in Q1 2016.
- Funds reported $8.95M of UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com stock for Q2 2016, down 1.6% 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 2016 and 5 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 2016 was Proficio Capital Partners, an estimated $830K added.
- The largest UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com seller in Q2 2016 was Carroll Financial Associates, an estimated $633K sold.
Based on aggregated 13F filings for Q2 2016.