ETRACS Alerian MLP Index ETN
AMU
AMU was delisted on the 23rd of November, 2020.
41 hedge funds and large institutions have $324M invested in ETRACS Alerian MLP Index ETN in 2017 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 12 increasing their positions, 14 reducing their positions, and 11 closing their positions.
4% more capital invested
Capital invested by funds: $312M → $324M (+$12.1M)
0% more funds holding
Funds holding: 41 → 41 (0)
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
14% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$13.5M |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$7.57M |
| 3 |
RTS
Round Table Services
Westfield,
New Jersey
|
+$3.26M |
| 4 |
FCBT
First Citizens Bank & Trust
Raleigh,
North Carolina
|
+$2.49M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.84M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$2.14M |
| 2 |
Ameriprise
Minneapolis,
Minnesota
|
-$1.53M |
| 3 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
-$1.29M |
| 4 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$1.02M |
| 5 |
CCA
Clearwater Capital Advisors
Hoffman Estates,
Illinois
|
-$995K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AC
51
Alexandria Capital
Arlington,
Virginia
| – | -$80K | -4,500 | Closed |
|
52
US Bancorp
Minneapolis,
Minnesota
| – | -$6K | -353 | Closed |
|
AMU Hedge Fund Activity: Q4 2017 in Review
41 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in ETRACS Alerian MLP Index ETN (AMU) for Q4 2017, worth a combined $324M — up 3.9% from $312M a quarter earlier.
Fund positioning in AMU was balanced in Q4 2017: 11 funds opened new positions, 11 closed out, 12 added to existing stakes and 14 trimmed.
The largest buyer was Wells Fargo, adding an estimated $13.5M. The largest seller was Virtu Financial, exiting entirely with an estimated $2.14M sold.
- 41 institutional investors held ETRACS Alerian MLP Index ETN (AMU) as of Q4 2017, unchanged from Q3 2017.
- Funds reported $324M of ETRACS Alerian MLP Index ETN stock for Q4 2017, up 3.9% quarter-over-quarter.
- 11 funds opened new ETRACS Alerian MLP Index ETN positions in Q4 2017 and 11 closed out, a net change of 0 holders.
- The largest ETRACS Alerian MLP Index ETN buyer in Q4 2017 was Wells Fargo, an estimated $13.5M added.
- The largest ETRACS Alerian MLP Index ETN seller in Q4 2017 was Virtu Financial, an estimated $2.14M sold.
Based on aggregated 13F filings for Q4 2017.