ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041
BDCZ
8 hedge funds and large institutions have $1.21M invested in ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 in 2025 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 0 closing their positions.
0% more funds holding
Funds holding: 8 → 8 (0)
0.3% less ownership
Funds ownership: 6.44% → 6.14% (-0.3%)
9% less capital invested
Capital invested by funds: $1.33M → $1.21M (-$117K)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$144K |
| 2 |
Raymond James Financial
St Petersburg,
Florida
|
+$15K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CW
CreativeOne Wealth
Overland Park,
Kansas
|
-$130K |
| 2 |
Morgan Stanley
New York
|
-$8.91K |
| 3 |
GWM
Geneos Wealth Management
Englewood,
Colorado
|
-$4.28K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$1.73K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
IMC Chicago
Chicago,
Illinois
| $659K | +$144K | +8,074 | +29% |
|
|
CW
2
CreativeOne Wealth
Overland Park,
Kansas
| $405K | -$130K | -7,315 | -25% |
|
|
3
UBS Group
Zurich,
Switzerland
| $93K | -$1.73K | -97 | -2% |
|
4
Osaic Holdings
Scottsdale,
Arizona
| $16.6K | – | – | – |
|
|
5
Raymond James Financial
St Petersburg,
Florida
| $15.5K | +$15K | +839 | New |
|
|
6
Morgan Stanley
New York
| $9.9K | -$8.91K | -500 | -48% |
|
7
Wells Fargo
San Francisco,
California
| $7.85K | – | – | – |
|
|
GWM
8
Geneos Wealth Management
Englewood,
Colorado
| $4.43K | -$4.28K | -240 | -50% |
|
9
Bank of America
Charlotte,
North Carolina
| $175 | – | – | – |
|
|
CAM
10
Creekmur Asset Management
Morton,
Illinois
| $4 | – | – | – |
|
BDCZ Hedge Fund Activity: Q2 2025 in Review
8 of the 7,596 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 2025, worth a combined $1.21M — down 8.8% from $1.33M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new BDCZ positions and 0 closed out — a net gain of 1 holder — while 1 added to existing stakes and 4 trimmed.
The largest buyer was IMC Chicago, adding an estimated $144K. The largest seller was CreativeOne Wealth, cutting an estimated $130K.
- 8 institutional investors held ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 (BDCZ) as of Q2 2025, unchanged from Q1 2025.
- Funds reported $1.21M of ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 stock for Q2 2025, down 8.8% quarter-over-quarter.
- 1 fund opened new ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 positions in Q2 2025 and 0 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 2025 was IMC Chicago, an estimated $144K added.
- The largest ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 seller in Q2 2025 was CreativeOne Wealth, an estimated $130K sold.
Based on aggregated 13F filings for Q2 2025.