ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041
BDCZ
8 hedge funds and large institutions have $668K invested in ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 in 2024 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 3 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
7.07% less ownership
Funds ownership: 9.48% → 2.42% (-7.1%)
27% less funds holding
Funds holding: 11 → 8 (-3)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
74% less capital invested
Capital invested by funds: $2.54M → $668K (-$1.87M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
+$35.9K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$8.83K |
| 3 |
Wells Fargo
San Francisco,
California
|
+$19 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HH
Hilltop Holdings
Dallas,
Texas
|
-$311K |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$24.6K |
| 3 |
CBT
CoreFirst Bank & Trust
Topeka,
Kansas
|
-$9.3K |
| 4 |
CAM
Creekmur Asset Management
Morton,
Illinois
|
-$2.54K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CW
1
CreativeOne Wealth
Overland Park,
Kansas
| $472K | +$35.9K | +1,839 | +9% |
|
|
LC
2
Lindbrook Capital
Calabasas,
California
| $80.8K | – | – | – |
|
|
CFGS
3
Concourse Financial Group Securities
Birmingham,
Alabama
| $64K | – | – | – |
|
|
4
Osaic Holdings
Scottsdale,
Arizona
| $26.2K | -$24.6K | -1,260 | -49% |
|
5
Morgan Stanley
New York
| $10.8K | – | – | – |
|
|
6
UBS Group
Zurich,
Switzerland
| $9.15K | +$8.83K | +453 | New |
|
|
GWM
7
Geneos Wealth Management
Englewood,
Colorado
| $4.85K | – | – | – |
|
|
8
Wells Fargo
San Francisco,
California
| $14 | +$19 | +1 | New |
|
|
CAM
9
Creekmur Asset Management
Morton,
Illinois
| $4 | -$2.54K | -130 | Closed |
|
|
HH
10
Hilltop Holdings
Dallas,
Texas
| – | -$311K | -15,917 | Closed |
|
|
CBT
11
CoreFirst Bank & Trust
Topeka,
Kansas
| – | -$9.3K | -476 | Closed |
|
BDCZ Hedge Fund Activity: Q2 2024 in Review
8 of the 6,925 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 2024, worth a combined $668K — down 74% from $2.54M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of BDCZ and 2 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 1 added.
The largest buyer was CreativeOne Wealth, adding an estimated $35.9K. The largest seller was Hilltop Holdings, exiting entirely with an estimated $311K sold.
- 8 institutional investors held ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 (BDCZ) as of Q2 2024, down from 11 in Q1 2024.
- Funds reported $668K of ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 stock for Q2 2024, down 74% quarter-over-quarter.
- 2 funds opened new ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 positions in Q2 2024 and 3 closed out, a net change of -1 holder.
- The largest ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 buyer in Q2 2024 was CreativeOne Wealth, an estimated $35.9K added.
- The largest ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 seller in Q2 2024 was Hilltop Holdings, an estimated $311K sold.
Based on aggregated 13F filings for Q2 2024.