ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041
BDCZ
8 hedge funds and large institutions have $1.09M invested in ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 in 2024 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 1 closing their positions.
64% more capital invested
Capital invested by funds: $668K → $1.09M (+$425K)
2.95% more ownership
Funds ownership: 2.42% → 5.36% (+2.9%)
0% more funds holding
Funds holding: 8 → 8 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KWA
Kingswood Wealth Advisors
San Diego,
California
|
+$454K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$27.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFGS
Concourse Financial Group Securities
Birmingham,
Alabama
|
-$17.9K |
| 2 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
-$1.64K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$19 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
KWA
1
Kingswood Wealth Advisors
San Diego,
California
| $455K | +$454K | +23,873 | New |
|
|
CW
2
CreativeOne Wealth
Overland Park,
Kansas
| $444K | -$1.64K | -86 | -0.4% |
|
|
LC
3
Lindbrook Capital
Calabasas,
California
| $76.2K | – | – | – |
|
|
CFGS
4
Concourse Financial Group Securities
Birmingham,
Alabama
| $42.5K | -$17.9K | -940 | -30% |
|
|
5
UBS Group
Zurich,
Switzerland
| $35.8K | +$27.1K | +1,426 | +315% |
|
6
Osaic Holdings
Scottsdale,
Arizona
| $24.8K | – | – | – |
|
7
Morgan Stanley
New York
| $10.2K | – | – | – |
|
|
GWM
8
Geneos Wealth Management
Englewood,
Colorado
| $4.58K | – | – | – |
|
9
Bank of America
Charlotte,
North Carolina
| $181 | – | – | – |
|
|
CAM
10
Creekmur Asset Management
Morton,
Illinois
| $4 | – | – | – |
|
|
11
Wells Fargo
San Francisco,
California
| $1 | -$19 | -1 | Closed |
|
BDCZ Hedge Fund Activity: Q3 2024 in Review
8 of the 6,965 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 2024, worth a combined $1.09M — up 64% from $668K a quarter earlier.
Fund positioning in BDCZ was balanced in Q3 2024: 1 fund opened new positions, 1 closed out, 1 added to existing stakes and 2 trimmed.
The largest buyer was Kingswood Wealth Advisors, opening a new position worth an estimated $454K. The largest seller was Concourse Financial Group Securities, cutting an estimated $17.9K.
- 8 institutional investors held ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 (BDCZ) as of Q3 2024, unchanged from Q2 2024.
- Funds reported $1.09M of ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 stock for Q3 2024, up 64% quarter-over-quarter.
- 1 fund opened new ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 positions in Q3 2024 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 2024 was Kingswood Wealth Advisors, an estimated $454K added.
- The largest ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 seller in Q3 2024 was Concourse Financial Group Securities, an estimated $17.9K sold.
Based on aggregated 13F filings for Q3 2024.