iPath Bloomberg Copper Subindex Total Return ETN due October 22, 2037
JJC was delisted on the 12th of April, 2018.
25 hedge funds and large institutions have $11.7M invested in iPath Bloomberg Copper Subindex Total Return ETN due October 22, 2037 in 2017 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 7 closing their positions.
8% more call options, than puts
Call options by funds: $3.08M | Put options by funds: $2.85M
14% less funds holding
Funds holding: 29 → 25 (-4)
24% less capital invested
Capital invested by funds: $15.4M → $11.7M (-$3.69M)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Barometer Capital Management
Toronto,
Ontario, Canada
|
+$2.01M |
| 2 |
VF
Virtu Financial
New York
|
+$1.8M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.12M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
+$166K |
| 5 |
JP Morgan Chase
New York
|
+$133K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$3.52M |
| 2 |
LPL Financial
San Diego,
California
|
-$1.51M |
| 3 |
Jane Street
New York
|
-$728K |
| 4 |
LP
LGL Partners
Philadelphia,
Pennsylvania
|
-$606K |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$546K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LP
26
LGL Partners
Philadelphia,
Pennsylvania
| – | -$606K | -19,680 | Closed |
|
|
27
MML Investors Services
Springfield,
Massachusetts
| – | -$546K | -17,758 | Closed |
|
|
FSA
28
Financial Sense Advisors
San Diego,
California
| – | -$228K | -7,400 | Closed |
|
29
UBS Group
Zurich,
Switzerland
| – | -$208K | -6,753 | Closed |
|
|
VWA
30
V Wealth Advisors
Overland Park,
Kansas
| – | -$37K | -1,200 | Closed |
|
31
Parallax Volatility Advisers
San Francisco,
California
| – | -$18.6K | -561 | -100% |
|
|
BCI
32
Brinker Capital Investments
Berwyn,
Pennsylvania
| – | -$2K | -80 | Closed |
|
JJC Hedge Fund Activity: Q3 2017 in Review
25 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in iPath Bloomberg Copper Subindex Total Return ETN due October 22, 2037 (JJC) for Q3 2017, worth a combined $11.7M — down 24% from $15.4M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of JJC and 4 opened new positions — a net loss of 3 holders — while 9 trimmed existing stakes and 6 added.
The largest buyer was Barometer Capital Management, opening a new position worth an estimated $2.01M. The largest seller was Flow Traders U.S., cutting an estimated $3.52M.
- 25 institutional investors held iPath Bloomberg Copper Subindex Total Return ETN due October 22, 2037 (JJC) as of Q3 2017, down from 29 in Q2 2017.
- Funds reported $11.7M of iPath Bloomberg Copper Subindex Total Return ETN due October 22, 2037 stock for Q3 2017, down 24% quarter-over-quarter.
- 4 funds opened new iPath Bloomberg Copper Subindex Total Return ETN due October 22, 2037 positions in Q3 2017 and 7 closed out, a net change of -3 holders.
- The largest iPath Bloomberg Copper Subindex Total Return ETN due October 22, 2037 buyer in Q3 2017 was Barometer Capital Management, an estimated $2.01M added.
- The largest iPath Bloomberg Copper Subindex Total Return ETN due October 22, 2037 seller in Q3 2017 was Flow Traders U.S., an estimated $3.52M sold.
Based on aggregated 13F filings for Q3 2017.