ETRACS Linked to the Bloomberg Commodity Index Total Return due October 31, 2039
DJCI
DJCI was delisted on the 9th of December, 2020.
8 hedge funds and large institutions have $2.58M invested in ETRACS Linked to the Bloomberg Commodity Index Total Return due October 31, 2039 in 2020 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 3 closing their positions.
20% less funds holding
Funds holding: 10 → 8 (-2)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
91% less capital invested
Capital invested by funds: $29.8M → $2.58M (-$27.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$505K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$22.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$18M |
| 2 |
EWA
EP Wealth Advisors
Torrance,
California
|
-$6.41M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$188K |
| 4 |
PAG
Pinnacle Advisory Group
Columbia,
Maryland
|
-$162K |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
-$28K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAG
1
Pinnacle Advisory Group
Columbia,
Maryland
| $1.61M | -$162K | -11,932 | -8% |
|
|
2
IMC Chicago
Chicago,
Illinois
| $417K | +$505K | +37,104 | New |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $312K | -$188K | -13,828 | -33% |
|
|
4
Citadel Advisors
Miami,
Florida
| $219K | +$22.4K | +1,649 | +9% |
|
|
ADL
5
Asset Dedication LLC
San Francisco,
California
| $10K | – | – | – |
|
6
Osaic Holdings
Scottsdale,
Arizona
| $4K | +$5.17K | +380 | New |
|
7
Wells Fargo
San Francisco,
California
| $3K | -$22.2K | -1,633 | -85% |
|
|
8
Morgan Stanley
New York
| $1K | -$18M | -1,320,239 | -100% |
|
|
EWA
9
EP Wealth Advisors
Torrance,
California
| – | -$6.41M | -422,674 | Closed |
|
|
10
Bessemer Group
Woodbridge,
New Jersey
| – | -$28K | -1,860 | Closed |
|
11
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$4K | -265 | Closed |
|
DJCI Hedge Fund Activity: Q1 2020 in Review
8 of the 4,538 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 2020, worth a combined $2.58M — down 91% from $29.8M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of DJCI and 2 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 1 added.
The largest buyer was IMC Chicago, opening a new position worth an estimated $505K. The largest seller was Morgan Stanley, cutting an estimated $18M.
- 8 institutional investors held ETRACS Linked to the Bloomberg Commodity Index Total Return due October 31, 2039 (DJCI) as of Q1 2020, down from 10 in Q4 2019.
- Funds reported $2.58M of ETRACS Linked to the Bloomberg Commodity Index Total Return due October 31, 2039 stock for Q1 2020, down 91% quarter-over-quarter.
- 2 funds opened new ETRACS Linked to the Bloomberg Commodity Index Total Return due October 31, 2039 positions in Q1 2020 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 Q1 2020 was IMC Chicago, an estimated $505K added.
- The largest ETRACS Linked to the Bloomberg Commodity Index Total Return due October 31, 2039 seller in Q1 2020 was Morgan Stanley, an estimated $18M sold.
Based on aggregated 13F filings for Q1 2020.