ETRACS Alerian MLP Index ETN
AMU
AMU was delisted on the 23rd of November, 2020.
44 hedge funds and large institutions have $172M invested in ETRACS Alerian MLP Index ETN in 2018 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 11 increasing their positions, 14 reducing their positions, and 9 closing their positions.
22% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 9
5% more funds holding
Funds holding: 42 → 44 (+2)
21% less capital invested
Capital invested by funds: $217M → $172M (-$44.9M)
21% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
Aspiriant LLC
Los Angeles,
California
|
+$9.43M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.55M |
| 3 |
CCM
Chickasaw Capital Management
Memphis,
Tennessee
|
+$1.81M |
| 4 |
FCBT
First Citizens Bank & Trust
Raleigh,
North Carolina
|
+$1.76M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.35M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$8.43M |
| 2 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$7.65M |
| 3 |
VF
Virtu Financial
New York
|
-$3.71M |
| 4 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
-$2.51M |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
-$2.04M |
AMU Hedge Fund Activity: Q4 2018 in Review
44 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in ETRACS Alerian MLP Index ETN (AMU) for Q4 2018, worth a combined $172M — down 21% from $217M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new AMU positions and 9 closed out — a net gain of 2 holders — while 11 added to existing stakes and 14 trimmed.
The largest buyer was Aspiriant LLC, adding an estimated $9.43M. The largest seller was Wells Fargo, cutting an estimated $8.43M.
- 44 institutional investors held ETRACS Alerian MLP Index ETN (AMU) as of Q4 2018, up from 42 in Q3 2018.
- Funds reported $172M of ETRACS Alerian MLP Index ETN stock for Q4 2018, down 21% quarter-over-quarter.
- 11 funds opened new ETRACS Alerian MLP Index ETN positions in Q4 2018 and 9 closed out, a net change of +2 holders.
- The largest ETRACS Alerian MLP Index ETN buyer in Q4 2018 was Aspiriant LLC, an estimated $9.43M added.
- The largest ETRACS Alerian MLP Index ETN seller in Q4 2018 was Wells Fargo, an estimated $8.43M sold.
Based on aggregated 13F filings for Q4 2018.