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Alerian MLP ETF

618 hedge funds and large institutions have $5B invested in Alerian MLP ETF in 2017 Q4 according to their latest regulatory filings, with 162 funds opening new positions, 180 increasing their positions, 217 reducing their positions, and 64 closing their positions.

New
Increased
Maintained
Reduced
Closed

153% more first-time investments, than exits

New positions opened: 162 | Existing positions closed: 64

92% more call options, than puts

Call options by funds: $114M | Put options by funds: $59.3M

18% more funds holding

Funds holding: 524618 (+94)

6% more capital invested

Capital invested by funds: $4.72B → $5B (+$287M)

0.44% more ownership

Funds ownership: 9.36%9.81% (+0.44%)

0% more funds holding in top 10

Funds holding in top 10: 2424 (0)

17% less repeat investments, than reductions

Existing positions increased: 180 | Existing positions reduced: 217

Holders
618
Holders Change
+94
Holders Change %
+17.94%
% of All Funds
14.02%
Holding in Top 10
24
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.54%
New
162
Increased
180
Reduced
217
Closed
64
Calls
$114M
Puts
$59.3M
Net Calls
+$54.3M
Net Calls Change
+$63.8M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
1
Goldman Sachs
New York
$784M +$23M +430,037 +3%
Morgan Stanley
2
Morgan Stanley
New York
$679M +$7.24M +135,344 +1%
T
3
Thomaspartners
Massachusetts
$367M +$17.4M +324,598 +5%
Wells Fargo
4
Wells Fargo
California
$314M -$26.5M -494,969 -8%
Bank of America
5
Bank of America
North Carolina
$303M -$122M -2,278,880 -29%
UBS Group
6
UBS Group
Switzerland
$240M -$38.8M -724,666 -14%
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$206M +$7.09M +132,523 +4%
NMIMC
8
Northwestern Mutual Investment Management Company
Wisconsin
$127M +$126M +2,346,800 New
MF
9
Magnetar Financial
Illinois
$124M +$115M +2,150,020 +1,371%
SFM
10
Soros Fund Management
New York
$86.5M +$85.8M +1,604,200 New
TF
11
TIAA FSB
Florida
$85.2M +$6.15M +114,880 +8%
Millennium Management
12
Millennium Management
New York
$71.5M +$70.9M +1,325,255 New
Ameriprise
13
Ameriprise
Minnesota
$59.5M +$2.55M +47,754 +5%
Fidelity International
14
Fidelity International
Bermuda
$54.8M +$48.9M +913,848 +891%
LPL Financial
15
LPL Financial
California
$44.9M +$3.73M +69,687 +9%
CCM
16
Chickasaw Capital Management
Tennessee
$43.2M +$39.3M +735,314 +1,113%
BWM
17
Baystate Wealth Management
Massachusetts
$41.8M +$2.5M +46,643 +7%
RJA
18
Raymond James & Associates
Florida
$41M +$5.29M +98,847 +15%
CB
19
Commerce Bank
Missouri
$40.5M -$10.5M -196,551 -21%
Fidelity Investments
20
Fidelity Investments
Massachusetts
$38.8M +$407K +7,608 +1%
Citigroup
21
Citigroup
New York
$35.2M +$6.23M +116,493 +22%
GCM
22
Graham Capital Management
Connecticut
$30.8M -$3.9M -72,857 -11%
HSBC Holdings
23
HSBC Holdings
United Kingdom
$26.5M +$19.3M +360,898 +278%
Invesco
24
Invesco
Georgia
$25.5M -$1.69M -31,652 -6%
HighTower Advisors
25
HighTower Advisors
Illinois
$24.8M +$6.23M +116,420 +34%

AMLP Hedge Fund Activity: Q4 2017 in Review

618 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Alerian MLP ETF (AMLP) for Q4 2017, worth a combined $5B — up 6.1% from $4.72B a quarter earlier.

Buyers outnumbered sellers: 162 funds opened new AMLP positions and 64 closed out — a net gain of 98 holders — while 180 added to existing stakes and 217 trimmed.

The largest buyer was Northwestern Mutual Investment Management Company, opening a new position worth an estimated $126M. The largest seller was Bank of America, cutting an estimated $122M.

  • 618 institutional investors held Alerian MLP ETF (AMLP) as of Q4 2017, up from 524 in Q3 2017.
  • Funds reported $5B of Alerian MLP ETF stock for Q4 2017, up 6.1% quarter-over-quarter.
  • 162 funds opened new Alerian MLP ETF positions in Q4 2017 and 64 closed out, a net change of +98 holders.
  • The largest Alerian MLP ETF buyer in Q4 2017 was Northwestern Mutual Investment Management Company, an estimated $126M added.
  • The largest Alerian MLP ETF seller in Q4 2017 was Bank of America, an estimated $122M sold.

Based on aggregated 13F filings for Q4 2017.