ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041
BDCZ
13 hedge funds and large institutions have $7.79M invested in ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 in 2021 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 4 increasing their positions, 7 reducing their positions, and 3 closing their positions.
26% more capital invested
Capital invested by funds: $6.18M → $7.79M (+$1.61M)
1.33% more ownership
Funds ownership: 13.27% → 14.6% (+1.3%)
19% less funds holding
Funds holding: 16 → 13 (-3)
43% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 7
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
+$1.39M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$355K |
| 3 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$339K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$15.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIA
Regal Investment Advisors
Kentwood,
Michigan
|
-$537K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$346K |
| 3 |
P
&Partners
Nashville,
Tennessee
|
-$182K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$98K |
| 5 |
SAM
Selway Asset Management
|
-$74.6K |
BDCZ Hedge Fund Activity: Q1 2021 in Review
13 of the 5,696 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 Q1 2021, worth a combined $7.79M — up 26% from $6.18M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of BDCZ and 0 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 4 added.
The largest buyer was Ameriprise, adding an estimated $1.39M. The largest seller was Regal Investment Advisors, exiting entirely with an estimated $537K sold.
- 13 institutional investors held ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 (BDCZ) as of Q1 2021, down from 16 in Q4 2020.
- Funds reported $7.79M of ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 stock for Q1 2021, up 26% quarter-over-quarter.
- 0 funds opened new ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 positions in Q1 2021 and 3 closed out, a net change of -3 holders.
- The largest ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 buyer in Q1 2021 was Ameriprise, an estimated $1.39M added.
- The largest ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 seller in Q1 2021 was Regal Investment Advisors, an estimated $537K sold.
Based on aggregated 13F filings for Q1 2021.