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.
1 hedge funds and large institutions have $14K invested in 2Leveraged Long ETRACS Wells Fargo Business Development Company Index ETN Series B due May 24 2041 in 2019 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 1 closing their positions.
50% less funds holding
Funds holding: 2 → 1 (-1)
94% less capital invested
Capital invested by funds: $224K → $14K (-$210K)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$11.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$221K |
LBDC Hedge Fund Activity: Q2 2019 in Review
1 of the 4,604 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 Q2 2019, worth a combined $14K — down 94% from $224K a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of LBDC and 0 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 1 added.
The largest buyer was UBS Group, adding an estimated $11.4K. The largest seller was Jane Street, exiting entirely with an estimated $221K sold.
- 1 institutional investor held 2Leveraged Long ETRACS Wells Fargo Business Development Company Index ETN Series B due May 24 2041 (LBDC) as of Q2 2019, down from 2 in Q1 2019.
- Funds reported $14K of 2Leveraged Long ETRACS Wells Fargo Business Development Company Index ETN Series B due May 24 2041 stock for Q2 2019, down 94% quarter-over-quarter.
- 0 funds opened new 2Leveraged Long ETRACS Wells Fargo Business Development Company Index ETN Series B due May 24 2041 positions in Q2 2019 and 1 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 Q2 2019 was UBS Group, an estimated $11.4K added.
- The largest 2Leveraged Long ETRACS Wells Fargo Business Development Company Index ETN Series B due May 24 2041 seller in Q2 2019 was Jane Street, an estimated $221K sold.
Based on aggregated 13F filings for Q2 2019.