ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B
SMHB
4 hedge funds and large institutions have $220K invested in ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B in 2020 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 3 closing their positions.
1.65% more ownership
Funds ownership: 0.84% → 2.49% (+1.7%)
0% more funds holding
Funds holding: 4 → 4 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
46% less capital invested
Capital invested by funds: $411K → $220K (-$191K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AAP
Arax Advisory Partners
Denver,
Colorado
|
+$519K |
| 2 |
CG
Colony Group
Boston,
Massachusetts
|
+$296K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$206K |
| 4 |
AF
Advisornet Financial
Minnetonka,
Minnesota
|
+$814 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$381K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$16K |
| 3 |
SBL
Sargent Bickham Lagudis
Boulder,
Colorado
|
-$3K |
SMHB Hedge Fund Activity: Q1 2020 in Review
4 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B (SMHB) for Q1 2020, worth a combined $220K — down 46% from $411K a quarter earlier.
Fund positioning in SMHB was balanced in Q1 2020: 3 funds opened new positions, 3 closed out, 1 added to existing stakes and 0 trimmed.
The largest buyer was Arax Advisory Partners, opening a new position worth an estimated $519K. The largest seller was Jane Street, exiting entirely with an estimated $381K sold.
- 4 institutional investors held ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B (SMHB) as of Q1 2020, unchanged from Q4 2019.
- Funds reported $220K of ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B stock for Q1 2020, down 46% quarter-over-quarter.
- 3 funds opened new ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B positions in Q1 2020 and 3 closed out, a net change of 0 holders.
- The largest ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B buyer in Q1 2020 was Arax Advisory Partners, an estimated $519K added.
- The largest ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B seller in Q1 2020 was Jane Street, an estimated $381K sold.
Based on aggregated 13F filings for Q1 2020.