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 $10.8M invested in ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due Apr 5 2038 in 2023 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 2 closing their positions.
4% more capital invested
Capital invested by funds: $10.4M → $10.8M (+$391K)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
1.68% less ownership
Funds ownership: 40.2% → 38.53% (-1.7%)
13% less funds holding
Funds holding: 8 → 7 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RF
RHS Financial
San Francisco,
California
|
+$261K |
| 2 |
JP Morgan Chase
New York
|
+$4.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Corient Private Wealth
Miami,
Florida
|
-$241K |
| 2 |
Jane Street
New York
|
-$193K |
| 3 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$183K |
| 4 |
LWAM
Legacy Wealth Asset Management
Woodbury,
Minnesota
|
-$64.9K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$26.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LWAM
1
Legacy Wealth Asset Management
Woodbury,
Minnesota
| $3.23M | -$64.9K | -2,597 | -2% |
|
|
RF
2
RHS Financial
San Francisco,
California
| $3.22M | +$261K | +10,441 | +9% |
|
|
3
Envestnet Asset Management
Chicago,
Illinois
| $3.15M | -$26.8K | -1,071 | -0.9% |
|
|
4
Jane Street
New York
| $732K | -$193K | -7,730 | -21% |
|
|
5
Cambridge Investment Research Advisors
Fairfield,
Iowa
| $408K | -$183K | -7,340 | -31% |
|
6
Morgan Stanley
New York
| $16.8K | – | – | – |
|
|
7
JP Morgan Chase
New York
| $4.57K | +$4.5K | +180 | New |
|
|
8
Corient Private Wealth
Miami,
Florida
| – | -$241K | -10,270 | Closed |
|
9
Osaic Holdings
Scottsdale,
Arizona
| – | -$1.64K | -70 | Closed |
|
UCIB Hedge Fund Activity: Q3 2023 in Review
7 of the 6,301 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 Q3 2023, worth a combined $10.8M — up 3.8% from $10.4M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of UCIB and 1 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 1 added.
The largest buyer was RHS Financial, adding an estimated $261K. The largest seller was Corient Private Wealth, exiting entirely with an estimated $241K sold.
- 7 institutional investors held ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due Apr 5 2038 (UCIB) as of Q3 2023, down from 8 in Q2 2023.
- Funds reported $10.8M of ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due Apr 5 2038 stock for Q3 2023, up 3.8% quarter-over-quarter.
- 1 fund opened new ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due Apr 5 2038 positions in Q3 2023 and 2 closed out, a net change of -1 holder.
- The largest ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due Apr 5 2038 buyer in Q3 2023 was RHS Financial, an estimated $261K added.
- The largest ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due Apr 5 2038 seller in Q3 2023 was Corient Private Wealth, an estimated $241K sold.
Based on aggregated 13F filings for Q3 2023.