ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041
BDCZ
15 hedge funds and large institutions have $16.2M invested in ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 in 2020 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
25% more funds holding
Funds holding: 12 → 15 (+3)
6% more capital invested
Capital invested by funds: $15.3M → $16.2M (+$944K)
0.03% more ownership
Funds ownership: 32.07% → 32.1% (+0.03%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$418K |
| 2 |
HT
HAP Trading
New York
|
+$397K |
| 3 |
SAM
Selway Asset Management
|
+$270K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$116K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$97.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
-$654K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$97.4K |
| 3 |
CFG
Cooper Financial Group
Irvine,
California
|
-$10.2K |
| 4 |
RT
Rockland Trust
Hanover,
Massachusetts
|
-$1.34K |
BDCZ Hedge Fund Activity: Q3 2020 in Review
15 of the 4,957 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 Q3 2020, worth a combined $16.2M — up 6.2% from $15.3M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new BDCZ positions and 1 closed out — a net gain of 3 holders — while 5 added to existing stakes and 3 trimmed.
The largest buyer was Ameriprise, adding an estimated $418K. The largest seller was Regal Investment Advisors, exiting entirely with an estimated $654K sold.
- 15 institutional investors held ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 (BDCZ) as of Q3 2020, up from 12 in Q2 2020.
- Funds reported $16.2M of ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 stock for Q3 2020, up 6.2% quarter-over-quarter.
- 4 funds opened new ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 positions in Q3 2020 and 1 closed out, a net change of +3 holders.
- The largest ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 buyer in Q3 2020 was Ameriprise, an estimated $418K added.
- The largest ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 seller in Q3 2020 was Regal Investment Advisors, an estimated $654K sold.
Based on aggregated 13F filings for Q3 2020.