ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due Apr 5 2038
UCIB
7 hedge funds and large institutions have $9.44M invested in ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due Apr 5 2038 in 2020 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 2 closing their positions.
53% more capital invested
Capital invested by funds: $6.15M → $9.44M (+$3.28M)
10.46% more ownership
Funds ownership: 30.86% → 41.32% (+10%)
0% more funds holding
Funds holding: 7 → 7 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$468K |
| 2 |
RF
RHS Financial
San Francisco,
California
|
+$94.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$565K |
| 2 |
Jane Street
New York
|
-$197K |
| 3 |
DWT
Dorsey & Whitney Trust
Sioux Falls,
South Dakota
|
-$182K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$28 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LWAM
1
Legacy Wealth Asset Management
Woodbury,
Minnesota
| $2.83M | +$2.61M | +185,580 | New |
|
|
2
Envestnet Asset Management
Chicago,
Illinois
| $2.77M | -$565K | -40,174 | -18% |
|
|
RF
3
RHS Financial
San Francisco,
California
| $2.53M | +$94.6K | +6,725 | +4% |
|
|
APCM
4
Alaska Permanent Capital Management
Anchorage,
Alaska
| $748K | – | – | – |
|
|
5
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $507K | +$468K | +33,292 | New |
|
|
DTIM
6
Danda Trouve Investment Management
Prairie Village,
Kansas
| $44K | – | – | – |
|
|
7
UBS Group
Zurich,
Switzerland
| $22K | -$28 | -2 | -0.1% |
|
|
8
Jane Street
New York
| – | -$197K | -14,846 | Closed |
|
|
DWT
9
Dorsey & Whitney Trust
Sioux Falls,
South Dakota
| – | -$182K | -13,672 | Closed |
|
UCIB Hedge Fund Activity: Q4 2020 in Review
7 of the 5,651 institutional investors tracked by Wall St. Rank reported a position in ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due Apr 5 2038 (UCIB) for Q4 2020, worth a combined $9.44M — up 53% from $6.15M a quarter earlier.
Fund positioning in UCIB was balanced in Q4 2020: 2 funds opened new positions, 2 closed out, 1 added to existing stakes and 2 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $468K. The largest seller was Envestnet Asset Management, cutting an estimated $565K.
- 7 institutional investors held ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due Apr 5 2038 (UCIB) as of Q4 2020, unchanged from Q3 2020.
- Funds reported $9.44M of ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due Apr 5 2038 stock for Q4 2020, up 53% quarter-over-quarter.
- 2 funds opened new ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due Apr 5 2038 positions in Q4 2020 and 2 closed out, a net change of 0 holders.
- The largest ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due Apr 5 2038 buyer in Q4 2020 was Susquehanna International Group, an estimated $468K added.
- The largest ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due Apr 5 2038 seller in Q4 2020 was Envestnet Asset Management, an estimated $565K sold.
Based on aggregated 13F filings for Q4 2020.