ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041
BDCZ
14 hedge funds and large institutions have $3.24M invested in ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 in 2023 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 2 closing their positions.
6.43% more ownership
Funds ownership: 6.97% → 13.4% (+6.4%)
5% less capital invested
Capital invested by funds: $3.4M → $3.24M (-$157K)
13% less funds holding
Funds holding: 16 → 14 (-2)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$180K |
| 2 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
+$43.5K |
| 3 |
EA
Eudaimonia Advisors
Winchester,
Tennessee
|
+$40.8K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$6.23K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$206K |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$195K |
| 3 |
EP
Eudaimonia Partners
Winchester,
Tennessee
|
-$71.8K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$40.6K |
| 5 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
-$23K |
BDCZ Hedge Fund Activity: Q2 2023 in Review
14 of the 6,370 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 2023, worth a combined $3.24M — down 4.6% from $3.4M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of BDCZ and 0 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 4 added.
The largest buyer was Susquehanna International Group, adding an estimated $180K. The largest seller was Royal Bank of Canada, cutting an estimated $206K.
- 14 institutional investors held ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 (BDCZ) as of Q2 2023, down from 16 in Q1 2023.
- Funds reported $3.24M of ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 stock for Q2 2023, down 4.6% quarter-over-quarter.
- 0 funds opened new ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 positions in Q2 2023 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 2023 was Susquehanna International Group, an estimated $180K added.
- The largest ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 seller in Q2 2023 was Royal Bank of Canada, an estimated $206K sold.
Based on aggregated 13F filings for Q2 2023.