ETRACS Alerian MLP Index ETN
AMU
AMU was delisted on the 23rd of November, 2020.
46 hedge funds and large institutions have $252M invested in ETRACS Alerian MLP Index ETN in 2016 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 6 closing their positions.
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
2% more funds holding
Funds holding: 45 → 46 (+1)
7% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 14
24% less capital invested
Capital invested by funds: $333M → $252M (-$81.4M)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.96M |
| 2 |
VF
Virtu Financial
New York
|
+$2.86M |
| 3 |
Jane Street
New York
|
+$1.98M |
| 4 |
FCBT
First Citizens Bank & Trust
Raleigh,
North Carolina
|
+$643K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$478K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
Aspiriant LLC
Los Angeles,
California
|
-$29.1M |
| 2 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$11.8M |
| 3 |
AR
Advisory Research
Chicago,
Illinois
|
-$5.73M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$5.29M |
| 5 |
Natixis Advisors
Boston,
Massachusetts
|
-$3.81M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
JP Morgan Chase
New York
| – | -$4K | -196 | Closed |
|
AMU Hedge Fund Activity: Q1 2016 in Review
46 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in ETRACS Alerian MLP Index ETN (AMU) for Q1 2016, worth a combined $252M — down 24% from $333M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new AMU positions and 6 closed out — a net gain of 1 holder — while 13 added to existing stakes and 14 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $2.96M. The largest seller was Aspiriant LLC, cutting an estimated $29.1M.
- 46 institutional investors held ETRACS Alerian MLP Index ETN (AMU) as of Q1 2016, up from 45 in Q4 2015.
- Funds reported $252M of ETRACS Alerian MLP Index ETN stock for Q1 2016, down 24% quarter-over-quarter.
- 7 funds opened new ETRACS Alerian MLP Index ETN positions in Q1 2016 and 6 closed out, a net change of +1 holder.
- The largest ETRACS Alerian MLP Index ETN buyer in Q1 2016 was Susquehanna International Group, an estimated $2.96M added.
- The largest ETRACS Alerian MLP Index ETN seller in Q1 2016 was Aspiriant LLC, an estimated $29.1M sold.
Based on aggregated 13F filings for Q1 2016.