ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041
BDCZ
13 hedge funds and large institutions have $2.59M invested in ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 in 2023 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 6 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
18% more funds holding
Funds holding: 11 → 13 (+2)
11% more capital invested
Capital invested by funds: $2.33M → $2.59M (+$261K)
0.76% more ownership
Funds ownership: 9.2% → 9.95% (+0.76%)
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
+$369K |
| 2 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$41.1K |
| 3 |
EP
Eudaimonia Partners
Winchester,
Tennessee
|
+$37.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$67K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$61K |
| 3 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
-$58.1K |
| 4 |
HH
Hilltop Holdings
Dallas,
Texas
|
-$46.6K |
| 5 |
EA
Eudaimonia Advisors
Winchester,
Tennessee
|
-$23.2K |
BDCZ Hedge Fund Activity: Q4 2023 in Review
13 of the 6,870 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 2023, worth a combined $2.59M — up 11% from $2.33M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new BDCZ positions and 1 closed out — a net gain of 2 holders — while 1 added to existing stakes and 6 trimmed.
The largest buyer was CreativeOne Wealth, opening a new position worth an estimated $369K. The largest seller was Royal Bank of Canada, exiting entirely with an estimated $67K sold.
- 13 institutional investors held ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 (BDCZ) as of Q4 2023, up from 11 in Q3 2023.
- Funds reported $2.59M of ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 stock for Q4 2023, up 11% quarter-over-quarter.
- 3 funds opened new ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 positions in Q4 2023 and 1 closed out, a net change of +2 holders.
- The largest ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 buyer in Q4 2023 was CreativeOne Wealth, an estimated $369K added.
- The largest ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 seller in Q4 2023 was Royal Bank of Canada, an estimated $67K sold.
Based on aggregated 13F filings for Q4 2023.