ETRACS Alerian MLP Index ETN
AMU
AMU was delisted on the 23rd of November, 2020.
18 hedge funds and large institutions have $8.04M invested in ETRACS Alerian MLP Index ETN in 2020 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 8 closing their positions.
28% less funds holding
Funds holding: 25 → 18 (-7)
45.52% less ownership
Funds ownership: 52.31% → 6.79% (-46%)
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
81% less capital invested
Capital invested by funds: $42.6M → $8.04M (-$34.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
+$1.96M |
| 2 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$742K |
| 3 |
Jane Street
New York
|
+$142K |
| 4 |
AL
Aspiriant LLC
Los Angeles,
California
|
+$98.7K |
| 5 |
VC
Vicus Capital
State College,
Pennsylvania
|
+$67.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$49.7M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$3.09M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$932K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$151K |
| 5 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$110K |
AMU Hedge Fund Activity: Q2 2020 in Review
18 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in ETRACS Alerian MLP Index ETN (AMU) for Q2 2020, worth a combined $8.04M — down 81% from $42.6M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of AMU and 2 opened new positions — a net loss of 6 holders — while 7 trimmed existing stakes and 3 added.
The largest buyer was Wolverine Trading, adding an estimated $1.96M. The largest seller was Wells Fargo, cutting an estimated $49.7M.
- 18 institutional investors held ETRACS Alerian MLP Index ETN (AMU) as of Q2 2020, down from 25 in Q1 2020.
- Funds reported $8.04M of ETRACS Alerian MLP Index ETN stock for Q2 2020, down 81% quarter-over-quarter.
- 2 funds opened new ETRACS Alerian MLP Index ETN positions in Q2 2020 and 8 closed out, a net change of -6 holders.
- The largest ETRACS Alerian MLP Index ETN buyer in Q2 2020 was Wolverine Trading, an estimated $1.96M added.
- The largest ETRACS Alerian MLP Index ETN seller in Q2 2020 was Wells Fargo, an estimated $49.7M sold.
Based on aggregated 13F filings for Q2 2020.