ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due Apr 5 2038
UCIB
10 hedge funds and large institutions have $12.2M invested in ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due Apr 5 2038 in 2024 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 2 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
7% more capital invested
Capital invested by funds: $11.4M → $12.2M (+$757K)
0.44% more ownership
Funds ownership: 42.93% → 43.37% (+0.44%)
9% less funds holding
Funds holding: 11 → 10 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$457K |
| 2 |
LWAM
Legacy Wealth Asset Management
Woodbury,
Minnesota
|
+$448K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$421K |
| 4 |
Fisher Asset Management
Camas,
Washington
|
+$338K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$71.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.13M |
| 2 |
RF
RHS Financial
San Francisco,
California
|
-$451K |
| 3 |
Morgan Stanley
New York
|
-$16.2K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$7.93K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LWAM
1
Legacy Wealth Asset Management
Woodbury,
Minnesota
| $3.41M | +$448K | +18,294 | +16% |
|
|
2
Envestnet Asset Management
Chicago,
Illinois
| $3.32M | +$457K | +18,665 | +17% |
|
|
RF
3
RHS Financial
San Francisco,
California
| $2.97M | -$451K | -18,402 | -14% |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $816K | +$421K | +17,183 | +116% |
|
|
5
Cambridge Investment Research Advisors
Fairfield,
Iowa
| $596K | +$71.1K | +2,902 | +14% |
|
|
BGAI
6
Bruce G. Allen Investments
Denver,
Colorado
| $422K | – | – | – |
|
|
7
Fisher Asset Management
Camas,
Washington
| $352K | +$338K | +13,800 | New |
|
8
Corient Private Wealth
Miami,
Florida
| $262K | – | – | – |
|
|
9
Morgan Stanley
New York
| $16.9K | -$16.2K | -661 | -50% |
|
10
JP Morgan Chase
New York
| $4.59K | – | – | – |
|
|
11
Jane Street
New York
| – | -$1.13M | -46,616 | Closed |
|
|
12
UBS Group
Zurich,
Switzerland
| – | -$7.93K | -328 | Closed |
|
UCIB Hedge Fund Activity: Q1 2024 in Review
10 of the 6,942 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 Q1 2024, worth a combined $12.2M — up 6.6% from $11.4M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of UCIB and 1 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 4 added.
The largest buyer was Envestnet Asset Management, adding an estimated $457K. The largest seller was Jane Street, exiting entirely with an estimated $1.13M sold.
- 10 institutional investors held ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due Apr 5 2038 (UCIB) as of Q1 2024, down from 11 in Q4 2023.
- Funds reported $12.2M of ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due Apr 5 2038 stock for Q1 2024, up 6.6% 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 Q1 2024 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 Q1 2024 was Envestnet Asset Management, an estimated $457K added.
- The largest ETRACS UBS Bloomberg Constant Maturity Commodity Index (CMCI) Total Return ETN Series B due Apr 5 2038 seller in Q1 2024 was Jane Street, an estimated $1.13M sold.
Based on aggregated 13F filings for Q1 2024.