2Leveraged Long ETRACS Wells Fargo Business Development Company Index ETN Series B due May 24 2041
LBDC
LBDC was delisted on the 1st of April, 2020.
2 hedge funds and large institutions have $224K invested in 2Leveraged Long ETRACS Wells Fargo Business Development Company Index ETN Series B due May 24 2041 in 2019 Q1 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, 1 reducing their positions, and closing their positions.
4,380% more capital invested
Capital invested by funds: $5K → $224K (+$219K)
100% more funds holding
Funds holding: 1 → 2 (+1)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$214K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$2.46K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $221K | +$214K | +15,674 | New |
|
|
2
UBS Group
Zurich,
Switzerland
| $3K | -$2.46K | -180 | -46% |
|
LBDC Hedge Fund Activity: Q1 2019 in Review
2 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in 2Leveraged Long ETRACS Wells Fargo Business Development Company Index ETN Series B due May 24 2041 (LBDC) for Q1 2019, worth a combined $224K — up 4,380% from $5K a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new LBDC positions and 0 closed out — a net gain of 1 holder — while 0 added to existing stakes and 1 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $214K. The largest seller was UBS Group, cutting an estimated $2.46K.
- 2 institutional investors held 2Leveraged Long ETRACS Wells Fargo Business Development Company Index ETN Series B due May 24 2041 (LBDC) as of Q1 2019, up from 1 in Q4 2018.
- Funds reported $224K of 2Leveraged Long ETRACS Wells Fargo Business Development Company Index ETN Series B due May 24 2041 stock for Q1 2019, up 4,380% quarter-over-quarter.
- 1 fund opened new 2Leveraged Long ETRACS Wells Fargo Business Development Company Index ETN Series B due May 24 2041 positions in Q1 2019 and 0 closed out, a net change of +1 holder.
- The largest 2Leveraged Long ETRACS Wells Fargo Business Development Company Index ETN Series B due May 24 2041 buyer in Q1 2019 was Jane Street, an estimated $214K added.
- The largest 2Leveraged Long ETRACS Wells Fargo Business Development Company Index ETN Series B due May 24 2041 seller in Q1 2019 was UBS Group, an estimated $2.46K sold.
Based on aggregated 13F filings for Q1 2019.