ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B
SMHB
2 hedge funds and large institutions have $93K invested in ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B in 2020 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 2 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
2.37% less ownership
Funds ownership: 2.83% → 0.46% (-2.4%)
50% less funds holding
Funds holding: 4 → 2 (-2)
87% less capital invested
Capital invested by funds: $708K → $93K (-$615K)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AF
Advisornet Financial
Minnetonka,
Minnesota
|
+$152 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$328K |
| 2 |
AAP
Arax Advisory Partners
Denver,
Colorado
|
-$218K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$53K |
SMHB Hedge Fund Activity: Q3 2020 in Review
2 of the 4,970 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 Q3 2020, worth a combined $93K — down 87% from $708K a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of SMHB and 0 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was Advisornet Financial, adding an estimated $152. The largest seller was Jane Street, cutting an estimated $328K.
- 2 institutional investors held ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B (SMHB) as of Q3 2020, down from 4 in Q2 2020.
- Funds reported $93K of ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B stock for Q3 2020, down 87% quarter-over-quarter.
- 0 funds opened new ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B positions in Q3 2020 and 2 closed out, a net change of -2 holders.
- The largest ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B buyer in Q3 2020 was Advisornet Financial, an estimated $152 added.
- The largest ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B seller in Q3 2020 was Jane Street, an estimated $328K sold.
Based on aggregated 13F filings for Q3 2020.