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.
34 hedge funds and large institutions have $22.4M invested in UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com in 2018 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 7 closing their positions.
14% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 7
3% more funds holding
Funds holding: 33 → 34 (+1)
10% less capital invested
Capital invested by funds: $24.9M → $22.4M (-$2.48M)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $1K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
+$971K |
| 2 |
AG
Advisor Group
Phoenix,
Arizona
|
+$324K |
| 3 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$287K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$263K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$255K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.62M |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$290K |
| 3 |
Jane Street
New York
|
-$269K |
| 4 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$244K |
| 5 |
SAS
Stelac Advisory Services
New York
|
-$186K |
BDCS Hedge Fund Activity: Q4 2018 in Review
34 of the 4,488 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 2018, worth a combined $22.4M — down 10% from $24.9M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new BDCS positions and 7 closed out — a net gain of 1 holder — while 8 added to existing stakes and 10 trimmed.
The largest buyer was Concourse Financial Group Securities, adding an estimated $971K. The largest seller was Ameriprise, cutting an estimated $1.62M.
- 34 institutional investors held UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com (BDCS) as of Q4 2018, up from 33 in Q3 2018.
- Funds reported $22.4M of UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com stock for Q4 2018, down 10% quarter-over-quarter.
- 8 funds opened new UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com positions in Q4 2018 and 7 closed out, a net change of +1 holder.
- The largest UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com buyer in Q4 2018 was Concourse Financial Group Securities, an estimated $971K added.
- The largest UBS AG Exchange Traded Access Securities (E-TRACS)Linked to the Wells Fargo Business Development Com seller in Q4 2018 was Ameriprise, an estimated $1.62M sold.
Based on aggregated 13F filings for Q4 2018.