ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041
BDCZ
16 hedge funds and large institutions have $11.5M invested in ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 in 2021 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 1 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
0% more funds holding
Funds holding: 16 → 16 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
1.2% less ownership
Funds ownership: 21.12% → 19.92% (-1.2%)
26% less capital inflows, than outflows
Capital inflows: $1.89M | Capital outflows: $2.55M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$958K |
| 2 |
Credential Qtrade Securities
Vancouver,
|
+$378K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
+$276K |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
+$102K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$83.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ameriprise
Minneapolis,
Minnesota
|
-$2.18M |
| 2 |
Hilltop Holdings
Dallas,
Texas
|
-$240K |
| 3 |
Rockland Trust
Hanover,
Massachusetts
|
-$45.8K |
| 4 |
IMC Chicago
Chicago,
Illinois
|
-$39.6K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$14.3K |
BDCZ Hedge Fund Activity: Q4 2021 in Review
16 of the 6,522 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 Q4 2021, worth a combined $11.5M — down 3.7% from $11.9M a quarter earlier.
Fund positioning in BDCZ was balanced in Q4 2021: 1 fund opened new positions, 1 closed out, 7 added to existing stakes and 6 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $958K. The largest seller was Ameriprise, exiting entirely with an estimated $2.18M sold.
- 16 institutional investors held ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 (BDCZ) as of Q4 2021, unchanged from Q3 2021.
- Funds reported $11.5M of ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 stock for Q4 2021, down 3.7% quarter-over-quarter.
- 1 fund opened new ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 positions in Q4 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 Q4 2021 was Susquehanna International Group, an estimated $958K added.
- The largest ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 seller in Q4 2021 was Ameriprise, an estimated $2.18M sold.
Based on aggregated 13F filings for Q4 2021.