ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041
BDCZ
16 hedge funds and large institutions have $11.9M invested in ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 in 2021 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 1 closing their positions.
0% more funds holding
Funds holding: 16 → 16 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
0.08% less ownership
Funds ownership: 21.2% → 21.12% (-0.08%)
1% less capital invested
Capital invested by funds: $12M → $11.9M (-$83.8K)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$916K |
| 2 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
+$295K |
| 3 |
CQS
Credential Qtrade Securities
Vancouver,
|
+$101K |
| 4 |
HH
Hilltop Holdings
Dallas,
Texas
|
+$64.4K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$41.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$707K |
| 2 |
RT
Rockland Trust
Hanover,
Massachusetts
|
-$362K |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$140K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$117K |
| 5 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$101K |
BDCZ Hedge Fund Activity: Q3 2021 in Review
16 of the 5,713 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 2021, worth a combined $11.9M — down 0.7% from $12M a quarter earlier.
Fund positioning in BDCZ was balanced in Q3 2021: 1 fund opened new positions, 1 closed out, 6 added to existing stakes and 7 trimmed.
The largest buyer was IMC Chicago, adding an estimated $916K. The largest seller was Susquehanna International Group, cutting an estimated $707K.
- 16 institutional investors held ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 (BDCZ) as of Q3 2021, unchanged from Q2 2021.
- Funds reported $11.9M of ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 stock for Q3 2021, down 0.7% quarter-over-quarter.
- 1 fund opened new ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 positions in Q3 2021 and 1 closed out, a net change of 0 holders.
- The largest ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 buyer in Q3 2021 was IMC Chicago, an estimated $916K added.
- The largest ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 seller in Q3 2021 was Susquehanna International Group, an estimated $707K sold.
Based on aggregated 13F filings for Q3 2021.