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BDCS

UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com

Delisted

BDCS was delisted on the 25th of November, 2020.

30 hedge funds and large institutions have $18M invested in UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com in 2017 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

29% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 7

7% more funds holding

Funds holding: 2830 (+2)

0% more capital invested

Capital invested by funds: $18M → $18M (+$52.5K)

11% less repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 9

Holders
30
Holders Change
+2
Holders Change %
+7.14%
% of All Funds
0.68%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
8
Reduced
9
Closed
7
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Ameriprise
1
Ameriprise
Minnesota
$3.68M -$319K -15,110 -8%
LTFS
2
Ladenburg Thalmann Financial Services
Florida
$3.26M -$54.2K -2,568 -2%
Wells Fargo
3
Wells Fargo
California
$1.87M +$196K +9,287 +11%
MFP
4
Mosaic Financial Partners
California
$1.63M -$1.39K -66 -0.1%
RCM
5
Rivernorth Capital Management
Florida
$1.14M +$1.16M +55,000 New
Royal Bank of Canada
6
Royal Bank of Canada
Ontario, Canada
$789K -$169K -8,030 -17%
CAS
7
Cue Advisory Services
Arizona
$661K +$40.1K +1,900 +6%
Morgan Stanley
8
Morgan Stanley
New York
$563K +$558K +26,440 +4,000%
FHA
9
Flagship Harbor Advisors
Massachusetts
$513K -$84.2K -3,989 -14%
PAG
10
Private Advisor Group
New Jersey
$499K
AG
11
Advisor Group
Arizona
$438K -$45.4K -2,151 -9%
LPL Financial
12
LPL Financial
California
$387K +$393K +18,625 New
RJFSA
13
Raymond James Financial Services Advisors
Florida
$346K +$352K +16,675 New
MML Investors Services
14
MML Investors Services
Massachusetts
$341K +$131K +6,204 +61%
ASN
15
Advisory Services Network
Georgia
$281K +$14.6K +693 +5%
Commonwealth Equity Services
16
Commonwealth Equity Services
Massachusetts
$272K -$14.6K -694 -5%
APA
17
American Portfolios Advisors
New York
$227K +$231K +10,957 New
1IA
18
1834 Investment Advisors
Wisconsin
$226K -$18.9K -895 -8%
SPC
19
Sigma Planning Corp
Michigan
$218K +$222K +10,500 New
RIA
20
Regal Investment Advisors
Michigan
$215K +$20.4K +966 +10%
RJA
21
Raymond James & Associates
Florida
$211K +$19K +900 +10%
SIS
22
Sound Income Strategies
Florida
$172K +$185K +8,750 New
PNC Financial Services Group
23
PNC Financial Services Group
Pennsylvania
$32K -$36.9K -1,750 -53%
IA
24
IFP Advisors
Florida
$31K +$633 +30 +2%
CA
25
Calton & Associates
Florida
$13K +$13.4K +634 New

BDCS Hedge Fund Activity: Q4 2017 in Review

30 of the 4,409 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 Q4 2017, worth a combined $18M — up 0.29% from $18M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new BDCS positions and 7 closed out — a net gain of 2 holders — while 8 added to existing stakes and 9 trimmed.

The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $1.16M. The largest seller was Proficio Capital Partners, exiting entirely with an estimated $1.07M sold.

  • 30 institutional investors held UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com (BDCS) as of Q4 2017, up from 28 in Q3 2017.
  • Funds reported $18M of UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com stock for Q4 2017, up 0.29% quarter-over-quarter.
  • 9 funds opened new UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com positions in Q4 2017 and 7 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 Q4 2017 was Rivernorth Capital Management, an estimated $1.16M added.
  • The largest UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com seller in Q4 2017 was Proficio Capital Partners, an estimated $1.07M sold.

Based on aggregated 13F filings for Q4 2017.