ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041
BDCZ
12 hedge funds and large institutions have $15.3M invested in ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 in 2020 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
62% more capital invested
Capital invested by funds: $9.43M → $15.3M (+$5.87M)
20% more funds holding
Funds holding: 10 → 12 (+2)
5.15% more ownership
Funds ownership: 26.92% → 32.07% (+5.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.25M |
| 2 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
+$607K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$606K |
| 4 |
RT
Rockland Trust
Hanover,
Massachusetts
|
+$393K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$215K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$483K |
| 2 |
HT
HAP Trading
New York
|
-$354K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Ameriprise
Minneapolis,
Minnesota
| $10.6M | +$2.25M | +173,495 | +30% |
|
|
RT
2
Rockland Trust
Hanover,
Massachusetts
| $1.08M | +$393K | +30,299 | +65% |
|
|
3
Osaic Holdings
Scottsdale,
Arizona
| $722K | +$606K | +46,739 | +954% |
|
|
CFGS
4
Concourse Financial Group Securities
Birmingham,
Alabama
| $716K | +$18.4K | +1,420 | +3% |
|
|
RIA
5
Regal Investment Advisors
Kentwood,
Michigan
| $654K | +$607K | +46,767 | New |
|
6
Wells Fargo
San Francisco,
California
| $495K | +$23K | +1,774 | +5% |
|
7
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
| $397K | – | – | – |
|
|
8
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $232K | +$215K | +16,595 | New |
|
|
CFG
9
Cooper Financial Group
Irvine,
California
| $193K | +$179K | +13,803 | New |
|
|
P
10
&Partners
Nashville,
Tennessee
| $164K | – | – | – |
|
11
Morgan Stanley
New York
| $9K | – | – | – |
|
12
Royal Bank of Canada
Toronto,
Ontario, Canada
| $5K | +$4.63K | +357 | New |
|
|
13
Jane Street
New York
| – | -$483K | -43,176 | Closed |
|
|
HT
14
HAP Trading
New York
| – | -$354K | -31,632 | Closed |
|
BDCZ Hedge Fund Activity: Q2 2020 in Review
12 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 (BDCZ) for Q2 2020, worth a combined $15.3M — up 62% from $9.43M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new BDCZ positions and 2 closed out — a net gain of 2 holders — while 5 added to existing stakes and 0 trimmed.
The largest buyer was Ameriprise, adding an estimated $2.25M. The largest seller was Jane Street, exiting entirely with an estimated $483K sold.
- 12 institutional investors held ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 (BDCZ) as of Q2 2020, up from 10 in Q1 2020.
- Funds reported $15.3M of ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 stock for Q2 2020, up 62% quarter-over-quarter.
- 4 funds opened new ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 positions in Q2 2020 and 2 closed out, a net change of +2 holders.
- The largest ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 buyer in Q2 2020 was Ameriprise, an estimated $2.25M added.
- The largest ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 seller in Q2 2020 was Jane Street, an estimated $483K sold.
Based on aggregated 13F filings for Q2 2020.