ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041
BDCZ
8 hedge funds and large institutions have $1.33M invested in ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 in 2025 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
97% more capital invested
Capital invested by funds: $673K → $1.33M (+$655K)
33% more funds holding
Funds holding: 6 → 8 (+2)
3.2% more ownership
Funds ownership: 3.24% → 6.44% (+3.2%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$542K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$101K |
| 3 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
+$57.6K |
| 4 |
Morgan Stanley
New York
|
+$9.79K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$8.34K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$7.83K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CW
1
CreativeOne Wealth
Overland Park,
Kansas
| $564K | +$57.6K | +2,939 | +11% |
|
|
2
IMC Chicago
Chicago,
Illinois
| $533K | +$542K | +27,646 | New |
|
|
3
UBS Group
Zurich,
Switzerland
| $99K | +$101K | +5,137 | New |
|
|
LC
4
Lindbrook Capital
Calabasas,
California
| $77.1K | – | – | – |
|
|
5
Morgan Stanley
New York
| $20K | +$9.79K | +500 | +93% |
|
|
6
Osaic Holdings
Scottsdale,
Arizona
| $17.3K | -$7.83K | -400 | -31% |
|
|
GWM
7
Geneos Wealth Management
Englewood,
Colorado
| $9.26K | +$4.7K | +240 | +100% |
|
|
8
Wells Fargo
San Francisco,
California
| $8.2K | +$8.34K | +426 | New |
|
9
Bank of America
Charlotte,
North Carolina
| $183 | – | – | – |
|
|
CAM
10
Creekmur Asset Management
Morton,
Illinois
| $4 | – | – | – |
|
|
CFGS
11
Concourse Financial Group Securities
Birmingham,
Alabama
| – | -$43.7K | -2,232 | Closed |
|
BDCZ Hedge Fund Activity: Q1 2025 in Review
8 of the 7,459 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 Q1 2025, worth a combined $1.33M — up 97% from $673K a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new BDCZ positions and 1 closed out — a net gain of 2 holders — while 3 added to existing stakes and 1 trimmed.
The largest buyer was IMC Chicago, opening a new position worth an estimated $542K. The largest seller was Osaic Holdings, cutting an estimated $7.83K.
- 8 institutional investors held ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 (BDCZ) as of Q1 2025, up from 6 in Q4 2024.
- Funds reported $1.33M of ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 stock for Q1 2025, up 97% quarter-over-quarter.
- 3 funds opened new ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 positions in Q1 2025 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 Q1 2025 was IMC Chicago, an estimated $542K added.
- The largest ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 seller in Q1 2025 was Osaic Holdings, an estimated $7.83K sold.
Based on aggregated 13F filings for Q1 2025.