ETRACS Linked to the Bloomberg Commodity Index Total Return due October 31, 2039
DJCI
DJCI was delisted on the 9th of December, 2020.
10 hedge funds and large institutions have $69M invested in ETRACS Linked to the Bloomberg Commodity Index Total Return due October 31, 2039 in 2016 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 2 closing their positions.
38% more capital invested
Capital invested by funds: $50.1M → $69M (+$18.9M)
9% less funds holding
Funds holding: 11 → 10 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$19.6M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
+$426K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$5.55K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$578K |
| 2 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
-$544K |
| 3 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$430K |
| 4 |
Jane Street
New York
|
-$343K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$17.3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $67.5M | +$19.6M | +1,414,588 | +43% |
|
|
2
Ameriprise
Minneapolis,
Minnesota
| $998K | +$426K | +30,752 | +78% |
|
|
OMC
3
Old Mission Capital
Chicago,
Illinois
| $283K | -$430K | -31,042 | -61% |
|
|
4
Jane Street
New York
| $178K | -$343K | -24,707 | -66% |
|
5
Wells Fargo
San Francisco,
California
| $50K | -$6.49K | -468 | -12% |
|
6
Bessemer Group
Woodbridge,
New Jersey
| $27K | – | – | – |
|
|
7
UBS Group
Zurich,
Switzerland
| $15K | -$17.3K | -1,245 | -54% |
|
|
TRCT
8
Tower Research Capital (TRC)
New York
| $6K | +$5.55K | +400 | New |
|
|
LTFS
9
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | – | – | – |
|
|
10
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$578K | -40,672 | Closed |
|
|
PAG
11
Pinnacle Advisory Group
Columbia,
Maryland
| – | -$544K | -38,306 | Closed |
|
DJCI Hedge Fund Activity: Q1 2016 in Review
10 of the 3,754 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 Q1 2016, worth a combined $69M — up 38% from $50.1M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of DJCI and 1 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 2 added.
The largest buyer was Morgan Stanley, adding an estimated $19.6M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $578K sold.
- 10 institutional investors held ETRACS Linked to the Bloomberg Commodity Index Total Return due October 31, 2039 (DJCI) as of Q1 2016, down from 11 in Q4 2015.
- Funds reported $69M of ETRACS Linked to the Bloomberg Commodity Index Total Return due October 31, 2039 stock for Q1 2016, up 38% quarter-over-quarter.
- 1 fund opened new ETRACS Linked to the Bloomberg Commodity Index Total Return due October 31, 2039 positions in Q1 2016 and 2 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 Q1 2016 was Morgan Stanley, an estimated $19.6M added.
- The largest ETRACS Linked to the Bloomberg Commodity Index Total Return due October 31, 2039 seller in Q1 2016 was Susquehanna International Group, an estimated $578K sold.
Based on aggregated 13F filings for Q1 2016.