ETRACS Alerian MLP Index ETN
AMU
AMU was delisted on the 23rd of November, 2020.
45 hedge funds and large institutions have $332M invested in ETRACS Alerian MLP Index ETN in 2016 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 12 increasing their positions, 16 reducing their positions, and 6 closing their positions.
78.04% more ownership
Funds ownership: 0% → 78.04% (+78%)
0% more funds holding
Funds holding: 45 → 45 (0)
0% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 6
2% less capital invested
Capital invested by funds: $339M → $332M (-$6.39M)
25% less repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 16
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
+$2.86M |
| 2 |
FCBT
First Citizens Bank & Trust
Raleigh,
North Carolina
|
+$1.94M |
| 3 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$1.82M |
| 4 |
WMG
WESCAP Management Group
Glendale,
California
|
+$1.43M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$971K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$3.88M |
| 2 |
VC
Vicus Capital
State College,
Pennsylvania
|
-$3.64M |
| 3 |
MAM
Marquette Asset Management
Minneapolis,
Minnesota
|
-$3.34M |
| 4 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
-$2.82M |
| 5 |
CAM
Congress Asset Management
Boston,
Massachusetts
|
-$2.74M |
AMU Hedge Fund Activity: Q4 2016 in Review
45 of the 4,008 institutional investors tracked by Wall St. Rank reported a position in ETRACS Alerian MLP Index ETN (AMU) for Q4 2016, worth a combined $332M — down 1.9% from $339M a quarter earlier.
Fund positioning in AMU was balanced in Q4 2016: 6 funds opened new positions, 6 closed out, 12 added to existing stakes and 16 trimmed.
The largest buyer was Wolverine Trading, opening a new position worth an estimated $2.86M. The largest seller was Wells Fargo, cutting an estimated $3.88M.
- 45 institutional investors held ETRACS Alerian MLP Index ETN (AMU) as of Q4 2016, unchanged from Q3 2016.
- Funds reported $332M of ETRACS Alerian MLP Index ETN stock for Q4 2016, down 1.9% quarter-over-quarter.
- 6 funds opened new ETRACS Alerian MLP Index ETN positions in Q4 2016 and 6 closed out, a net change of 0 holders.
- The largest ETRACS Alerian MLP Index ETN buyer in Q4 2016 was Wolverine Trading, an estimated $2.86M added.
- The largest ETRACS Alerian MLP Index ETN seller in Q4 2016 was Wells Fargo, an estimated $3.88M sold.
Based on aggregated 13F filings for Q4 2016.