ETRACS Alerian MLP Index ETN
AMU
AMU was delisted on the 23rd of November, 2020.
42 hedge funds and large institutions have $209M invested in ETRACS Alerian MLP Index ETN in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 18 reducing their positions, and 7 closing their positions.
22% more capital invested
Capital invested by funds: $172M → $209M (+$37.3M)
5% less funds holding
Funds holding: 44 → 42 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
50% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$25.9M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$2M |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
+$1.21M |
| 4 |
BCA
Biltmore Capital Advisors
Princeton,
New Jersey
|
+$1.17M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$644K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
Aspiriant LLC
Los Angeles,
California
|
-$11.4M |
| 2 |
Jane Street
New York
|
-$1.44M |
| 3 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
-$1.24M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.19M |
| 5 |
EGA
Eagle Global Advisors
Houston,
Texas
|
-$1.06M |
AMU Hedge Fund Activity: Q1 2019 in Review
42 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in ETRACS Alerian MLP Index ETN (AMU) for Q1 2019, worth a combined $209M — up 22% from $172M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of AMU and 5 opened new positions — a net loss of 2 holders — while 18 trimmed existing stakes and 9 added.
The largest buyer was Wells Fargo, adding an estimated $25.9M. The largest seller was Aspiriant LLC, cutting an estimated $11.4M.
- 42 institutional investors held ETRACS Alerian MLP Index ETN (AMU) as of Q1 2019, down from 44 in Q4 2018.
- Funds reported $209M of ETRACS Alerian MLP Index ETN stock for Q1 2019, up 22% quarter-over-quarter.
- 5 funds opened new ETRACS Alerian MLP Index ETN positions in Q1 2019 and 7 closed out, a net change of -2 holders.
- The largest ETRACS Alerian MLP Index ETN buyer in Q1 2019 was Wells Fargo, an estimated $25.9M added.
- The largest ETRACS Alerian MLP Index ETN seller in Q1 2019 was Aspiriant LLC, an estimated $11.4M sold.
Based on aggregated 13F filings for Q1 2019.