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.
22 hedge funds and large institutions have $10.4M invested in UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com in 2016 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 0 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
16% more funds holding
Funds holding: 19 → 22 (+3)
16% more capital invested
Capital invested by funds: $8.95M → $10.4M (+$1.41M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
WESPAC Advisors
Orinda,
California
|
+$1.07M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
+$204K |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$82.3K |
| 4 |
MCM
McKinley Capital Management
Anchorage,
Alaska
|
+$18.5K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$9.88K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MFP
Mosaic Financial Partners
San Francisco,
California
|
-$64.3K |
| 2 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$35.4K |
| 3 |
1IA
1834 Investment Advisors
Milwaukee,
Wisconsin
|
-$32.5K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$7.8K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
-$5.55K |
BDCS Hedge Fund Activity: Q3 2016 in Review
22 of the 3,759 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 Q3 2016, worth a combined $10.4M — up 16% from $8.95M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new BDCS positions and 0 closed out — a net gain of 4 holders — while 7 added to existing stakes and 6 trimmed.
The largest buyer was WESPAC Advisors, opening a new position worth an estimated $1.07M. The largest seller was Mosaic Financial Partners, cutting an estimated $64.3K.
- 22 institutional investors held UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com (BDCS) as of Q3 2016, up from 19 in Q2 2016.
- Funds reported $10.4M of UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com stock for Q3 2016, up 16% quarter-over-quarter.
- 4 funds opened new UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com positions in Q3 2016 and 0 closed out, a net change of +4 holders.
- The largest UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com buyer in Q3 2016 was WESPAC Advisors, an estimated $1.07M added.
- The largest UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com seller in Q3 2016 was Mosaic Financial Partners, an estimated $64.3K sold.
Based on aggregated 13F filings for Q3 2016.