ETRACS Alerian MLP Index ETN
AMU
AMU was delisted on the 23rd of November, 2020.
25 hedge funds and large institutions have $42.6M invested in ETRACS Alerian MLP Index ETN in 2020 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 11 reducing their positions, and 17 closing their positions.
38% less funds holding
Funds holding: 40 → 25 (-15)
73% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 11
73% less capital invested
Capital invested by funds: $160M → $42.6M (-$117M)
76% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$5.89M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.4M |
| 3 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$618K |
| 4 |
Northern Trust
Chicago,
Illinois
|
+$288K |
| 5 |
A
AdvicePeriod
Los Angeles,
California
|
+$125K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$30.3M |
| 2 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
-$9M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$6.66M |
| 4 |
BCA
Biltmore Capital Advisors
Princeton,
New Jersey
|
-$3.32M |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
-$2.68M |
AMU Hedge Fund Activity: Q1 2020 in Review
25 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in ETRACS Alerian MLP Index ETN (AMU) for Q1 2020, worth a combined $42.6M — down 73% from $160M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of AMU and 4 opened new positions — a net loss of 13 holders — while 11 trimmed existing stakes and 3 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $5.89M. The largest seller was Wells Fargo, cutting an estimated $30.3M.
- 25 institutional investors held ETRACS Alerian MLP Index ETN (AMU) as of Q1 2020, down from 40 in Q4 2019.
- Funds reported $42.6M of ETRACS Alerian MLP Index ETN stock for Q1 2020, down 73% quarter-over-quarter.
- 4 funds opened new ETRACS Alerian MLP Index ETN positions in Q1 2020 and 17 closed out, a net change of -13 holders.
- The largest ETRACS Alerian MLP Index ETN buyer in Q1 2020 was Citadel Advisors, an estimated $5.89M added.
- The largest ETRACS Alerian MLP Index ETN seller in Q1 2020 was Wells Fargo, an estimated $30.3M sold.
Based on aggregated 13F filings for Q1 2020.