ETRACS Linked to the Bloomberg Commodity Index Total Return due October 31, 2039
DJCI
DJCI was delisted on the 9th of December, 2020.
9 hedge funds and large institutions have $37.2M invested in ETRACS Linked to the Bloomberg Commodity Index Total Return due October 31, 2039 in 2019 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 2 closing their positions.
172% more capital invested
Capital invested by funds: $13.7M → $37.2M (+$23.5M)
18% less funds holding
Funds holding: 11 → 9 (-2)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$24.8M |
| 2 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
+$174K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GWA
Guidant Wealth Advisors
Palatine,
Illinois
|
-$753K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$399K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$61.9K |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
-$5.5K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$15 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $27.1M | +$24.8M | +1,703,578 | +1,035% |
|
|
GWA
2
Guidant Wealth Advisors
Palatine,
Illinois
| $7.54M | -$753K | -51,643 | -9% |
|
|
PAG
3
Pinnacle Advisory Group
Columbia,
Maryland
| $2.2M | +$174K | +11,953 | +9% |
|
|
4
Citadel Advisors
Miami,
Florida
| $195K | -$61.9K | -4,243 | -24% |
|
|
5
Wells Fargo
San Francisco,
California
| $28K | -$15 | -1 | -0.1% |
|
6
Bessemer Group
Woodbridge,
New Jersey
| $27K | – | – | – |
|
|
ADL
7
Asset Dedication LLC
San Francisco,
California
| $14K | – | – | – |
|
|
AG
8
Advisor Group
Phoenix,
Arizona
| $6K | -$5.5K | -377 | -50% |
|
9
Bank of Montreal
Toronto,
Ontario, Canada
| $4K | – | – | – |
|
|
10
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$399K | -26,935 | Closed |
|
DJCI Hedge Fund Activity: Q3 2019 in Review
9 of the 4,560 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 Q3 2019, worth a combined $37.2M — up 172% from $13.7M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of DJCI and 0 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 2 added.
The largest buyer was Morgan Stanley, adding an estimated $24.8M. The largest seller was Guidant Wealth Advisors, cutting an estimated $753K.
- 9 institutional investors held ETRACS Linked to the Bloomberg Commodity Index Total Return due October 31, 2039 (DJCI) as of Q3 2019, down from 11 in Q2 2019.
- Funds reported $37.2M of ETRACS Linked to the Bloomberg Commodity Index Total Return due October 31, 2039 stock for Q3 2019, up 172% quarter-over-quarter.
- 0 funds opened new ETRACS Linked to the Bloomberg Commodity Index Total Return due October 31, 2039 positions in Q3 2019 and 2 closed out, a net change of -2 holders.
- The largest ETRACS Linked to the Bloomberg Commodity Index Total Return due October 31, 2039 buyer in Q3 2019 was Morgan Stanley, an estimated $24.8M added.
- The largest ETRACS Linked to the Bloomberg Commodity Index Total Return due October 31, 2039 seller in Q3 2019 was Guidant Wealth Advisors, an estimated $753K sold.
Based on aggregated 13F filings for Q3 2019.