ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B
SMHB
4 hedge funds and large institutions have $310K invested in ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B in 2023 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
33% more funds holding
Funds holding: 3 → 4 (+1)
21% more capital invested
Capital invested by funds: $257K → $310K (+$53.3K)
0% more ownership
Funds ownership: 0.73% → 0.73% (+0%)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$9.23K |
| 2 |
Wells Fargo
San Francisco,
California
|
+$3.03K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$7.21K |
| 2 |
AF
Advisornet Financial
Minnetonka,
Minnesota
|
-$4.92K |
SMHB Hedge Fund Activity: Q4 2023 in Review
4 of the 6,865 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 Q4 2023, worth a combined $310K — up 21% from $257K a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new SMHB positions and 1 closed out — a net gain of 1 holder — while 0 added to existing stakes and 1 trimmed.
The largest buyer was UBS Group, opening a new position worth an estimated $9.23K. The largest seller was Susquehanna International Group, cutting an estimated $7.21K.
- 4 institutional investors held ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B (SMHB) as of Q4 2023, up from 3 in Q3 2023.
- Funds reported $310K of ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B stock for Q4 2023, up 21% quarter-over-quarter.
- 2 funds opened new ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B positions in Q4 2023 and 1 closed out, a net change of +1 holder.
- The largest ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B buyer in Q4 2023 was UBS Group, an estimated $9.23K added.
- The largest ETRACS 2x Monthly Pay Leveraged US Small Cap High Dividend ETN Series B seller in Q4 2023 was Susquehanna International Group, an estimated $7.21K sold.
Based on aggregated 13F filings for Q4 2023.