JP Morgan Alerian MLP Index ETN 5/24/24
AMJ was delisted on the 21st of May, 2024.
169 hedge funds and large institutions have $2.89B invested in JP Morgan Alerian MLP Index ETN 5/24/24 in 2024 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 51 increasing their positions, 65 reducing their positions, and 30 closing their positions.
13% more capital invested
Capital invested by funds: $2.54B → $2.89B (+$342M)
10% less funds holding
Funds holding: 187 → 169 (-18)
22% less repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 65
43% less funds holding in top 10
Funds holding in top 10: 7 → 4 (-3)
57% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 30
95% less call options, than puts
Call options by funds: $14K | Put options by funds: $288K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$121M |
| 2 |
CJFS
Coulter & Justus Financial Services
Knoxville,
Tennessee
|
+$6.71M |
| 3 |
Ameriprise
Minneapolis,
Minnesota
|
+$2.59M |
| 4 |
VF
Virtu Financial
New York
|
+$2.39M |
| 5 |
KeyBank National Association
Cleveland,
Ohio
|
+$2.29M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$37.6M |
| 2 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
-$11.6M |
| 3 |
FFG
Fortem Financial Group
Palm Desert,
California
|
-$9.36M |
| 4 |
OPCM
Osborne Partners Capital Management
San Francisco,
California
|
-$9.3M |
| 5 |
BJL
Brighton Jones LLC
Seattle,
Washington
|
-$8.96M |
AMJ Hedge Fund Activity: Q1 2024 in Review
169 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in JP Morgan Alerian MLP Index ETN 5/24/24 (AMJ) for Q1 2024, worth a combined $2.89B — up 13% from $2.54B a quarter earlier.
Sellers outnumbered buyers: 30 funds closed out of AMJ and 13 opened new positions — a net loss of 17 holders — while 65 trimmed existing stakes and 51 added.
The largest buyer was JP Morgan Chase, adding an estimated $121M. The largest seller was CIBC Private Wealth Group, cutting an estimated $37.6M.
- 169 institutional investors held JP Morgan Alerian MLP Index ETN 5/24/24 (AMJ) as of Q1 2024, down from 187 in Q4 2023.
- Funds reported $2.89B of JP Morgan Alerian MLP Index ETN 5/24/24 stock for Q1 2024, up 13% quarter-over-quarter.
- 13 funds opened new JP Morgan Alerian MLP Index ETN 5/24/24 positions in Q1 2024 and 30 closed out, a net change of -17 holders.
- The largest JP Morgan Alerian MLP Index ETN 5/24/24 buyer in Q1 2024 was JP Morgan Chase, an estimated $121M added.
- The largest JP Morgan Alerian MLP Index ETN 5/24/24 seller in Q1 2024 was CIBC Private Wealth Group, an estimated $37.6M sold.
Based on aggregated 13F filings for Q1 2024.