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Alerian MLP ETF

320 hedge funds and large institutions have $4B invested in Alerian MLP ETF in 2013 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 170 increasing their positions, 75 reducing their positions, and 20 closing their positions.

New
Increased
Maintained
Reduced
Closed

127% more repeat investments, than reductions

Existing positions increased: 170 | Existing positions reduced: 75

80% more first-time investments, than exits

New positions opened: 36 | Existing positions closed: 20

57% more capital invested

Capital invested by funds: $2.55B → $4B (+$1.45B)

5% more funds holding in top 10

Funds holding in top 10: 2223 (+1)

4% more funds holding

Funds holding: 307320 (+13)

0.19% less ownership

Funds ownership: 7.83%7.64% (-0.19%)

99% less call options, than puts

Call options by funds: $27K | Put options by funds: $2.42M

Holders
320
Holders Change
+13
Holders Change %
+4.23%
% of All Funds
10.38%
Holding in Top 10
23
Holding in Top 10 Change
+1
Holding in Top 10 Change %
+4.55%
% of All Funds
0.75%
New
36
Increased
170
Reduced
75
Closed
20
Calls
$27K
Puts
$2.42M
Net Calls
-$2.4M
Net Calls Change
+$20.9M
Name Holding Trade Value Shares
Change
Change in
Stake
LTI
1
Laffer Tengler Investments
Tennessee
$1.29B -$1.05M -11,857 Closed
Morgan Stanley
2
Morgan Stanley
New York
$467M -$19.1M -216,753 -4%
Bank of America
3
Bank of America
North Carolina
$301M +$22.9M +260,141 +8%
Wells Fargo
4
Wells Fargo
California
$161M +$13.7M +155,335 +9%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$139M +$9.66M +109,513 +7%
U
6
UBS
Switzerland
$128M +$4.2M +47,656 +3%
Northern Trust
7
Northern Trust
Illinois
$91.7M +$3.74M +42,374 +4%
Goldman Sachs
8
Goldman Sachs
New York
$78.7M +$21.8M +246,770 +38%
LPL Financial
9
LPL Financial
California
$70.6M -$858K -9,723 -1%
MG
10
MDE Group
New Jersey
$61.3M +$4.2M +47,635 +7%
Comerica Bank
11
Comerica Bank
Texas
$45.2M +$3.28M +37,196 +8%
Bank of New York Mellon
12
Bank of New York Mellon
New York
$42M +$28.7M +324,877 +213%
IT
13
Investors Trust
Texas
$41.1M +$2.2M +24,922 +6%
CB
14
Commerce Bank
Missouri
$38.4M +$9.66M +109,545 +33%
BTS
15
BB&T Securities
Virginia
$35.9M +$171K +1,939 +5%
HNB
16
Huntington National Bank
Ohio
$35.4M
MAA
17
Managed Account Advisors
New Jersey
$34M +$8.59M +97,392 +34%
T
18
Thomaspartners
Massachusetts
$33.4M +$19.2M +217,741 +134%
GC
19
Guggenheim Capital
Illinois
$28.3M +$3.89M +44,138 +16%
B
20
Baird
Wisconsin
$26.4M -$27.8K -315 -0.1%
RJA
21
Raymond James & Associates
Florida
$25.9M +$1.22M +13,778 +5%
HighTower Advisors
22
HighTower Advisors
Illinois
$24M -$5.39M -61,148 -18%
SB
23
Suntrust Banks
Georgia
$22.6M +$220K +2,489 +1%
CS
24
Credit Suisse
Switzerland
$20.5M +$3.45M +39,068 +20%
PP
25
Patten & Patten
Tennessee
$17.1M +$373K +4,224 +2%

AMLP Hedge Fund Activity: Q3 2013 in Review

320 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Alerian MLP ETF (AMLP) for Q3 2013, worth a combined $4B — up 57% from $2.55B a quarter earlier.

Buyers outnumbered sellers: 36 funds opened new AMLP positions and 20 closed out — a net gain of 16 holders — while 170 added to existing stakes and 75 trimmed.

The largest buyer was Bank of New York Mellon, adding an estimated $28.7M. The largest seller was Archer Capital Management, exiting entirely with an estimated $23.8M sold.

  • 320 institutional investors held Alerian MLP ETF (AMLP) as of Q3 2013, up from 307 in Q2 2013.
  • Funds reported $4B of Alerian MLP ETF stock for Q3 2013, up 57% quarter-over-quarter.
  • 36 funds opened new Alerian MLP ETF positions in Q3 2013 and 20 closed out, a net change of +16 holders.
  • The largest Alerian MLP ETF buyer in Q3 2013 was Bank of New York Mellon, an estimated $28.7M added.
  • The largest Alerian MLP ETF seller in Q3 2013 was Archer Capital Management, an estimated $23.8M sold.

Based on aggregated 13F filings for Q3 2013.