ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041
BDCZ
8 hedge funds and large institutions have $1.85M invested in ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 in 2025 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 1 closing their positions.
599% more capital inflows, than outflows
Capital inflows: $793K | Capital outflows: $113K
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
10.27% more ownership
Funds ownership: 0% → 10.27% (+10%)
0% more funds holding
Funds holding: 8 → 8 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$781K |
| 2 |
Geneos Wealth Management
Englewood,
Colorado
|
+$10.4K |
| 3 |
IMC Chicago
Chicago,
Illinois
|
+$996 |
| 4 |
CreativeOne Wealth
Overland Park,
Kansas
|
+$382 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$81.4K |
| 2 |
Advisory Services Network
Atlanta,
Georgia
|
-$32K |
BDCZ Hedge Fund Activity: Q4 2025 in Review
8 of the 8,301 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 2025, worth a combined $1.85M — up 57% from $1.18M a quarter earlier.
Fund positioning in BDCZ was balanced in Q4 2025: 1 fund opened new positions, 1 closed out, 3 added to existing stakes and 1 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $781K. The largest seller was UBS Group, cutting an estimated $81.4K.
- 8 institutional investors held ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 (BDCZ) as of Q4 2025, unchanged from Q3 2025.
- Funds reported $1.85M of ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 stock for Q4 2025, up 57% quarter-over-quarter.
- 1 fund opened new ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 positions in Q4 2025 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 Q4 2025 was Susquehanna International Group, an estimated $781K added.
- The largest ETRACS MarketVector Business Development Companies Liquid Index ETN due Apr 26 2041 seller in Q4 2025 was UBS Group, an estimated $81.4K sold.
Based on aggregated 13F filings for Q4 2025.