ETRACS Linked to the Bloomberg Commodity Index Total Return due October 31, 2039
DJCI
DJCI was delisted on the 9th of December, 2020.
4 hedge funds and large institutions have $57.7M invested in ETRACS Linked to the Bloomberg Commodity Index Total Return due October 31, 2039 in 2014 Q4 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
9% less capital invested
Capital invested by funds: $63.3M → $57.7M (-$5.61M)
20% less funds holding
Funds holding: 5 → 4 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
+$7.32M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$3.04M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
+$21 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.43M |
| 2 |
CAM
Centre Asset Management
New York
|
-$2.33M |
| 3 |
Jane Street
New York
|
-$1.01M |
| 4 |
Goldman Sachs
New York
|
-$238K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $48.3M | -$4.43M | -209,000 | -8% |
|
|
PAG
2
Pinnacle Advisory Group
Columbia,
Maryland
| $6.65M | +$7.32M | +345,466 | New |
|
|
3
Wells Fargo
San Francisco,
California
| $2.77M | +$3.04M | +143,605 | +50,924% |
|
|
CAM
4
Centre Asset Management
New York
| – | -$2.33M | -106,200 | Closed |
|
|
5
Jane Street
New York
| – | -$1.01M | -45,978 | Closed |
|
|
6
Goldman Sachs
New York
| – | -$238K | -10,833 | Closed |
|
|
7
Parallax Volatility Advisers
San Francisco,
California
| – | +$21 | +1 | New |
|
DJCI Hedge Fund Activity: Q4 2014 in Review
4 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in ETRACS Linked to the Bloomberg Commodity Index Total Return due October 31, 2039 (DJCI) for Q4 2014, worth a combined $57.7M — down 8.9% from $63.3M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of DJCI and 2 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 1 added.
The largest buyer was Pinnacle Advisory Group, opening a new position worth an estimated $7.32M. The largest seller was Morgan Stanley, cutting an estimated $4.43M.
- 4 institutional investors held ETRACS Linked to the Bloomberg Commodity Index Total Return due October 31, 2039 (DJCI) as of Q4 2014, down from 5 in Q3 2014.
- Funds reported $57.7M of ETRACS Linked to the Bloomberg Commodity Index Total Return due October 31, 2039 stock for Q4 2014, down 8.9% quarter-over-quarter.
- 2 funds opened new ETRACS Linked to the Bloomberg Commodity Index Total Return due October 31, 2039 positions in Q4 2014 and 3 closed out, a net change of -1 holder.
- The largest ETRACS Linked to the Bloomberg Commodity Index Total Return due October 31, 2039 buyer in Q4 2014 was Pinnacle Advisory Group, an estimated $7.32M added.
- The largest ETRACS Linked to the Bloomberg Commodity Index Total Return due October 31, 2039 seller in Q4 2014 was Morgan Stanley, an estimated $4.43M sold.
Based on aggregated 13F filings for Q4 2014.