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AMU

ETRACS Alerian MLP Index ETN

Delisted

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.

New
Increased
Maintained
Reduced
Closed

28% less funds holding

Funds holding: 2518 (-7)

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)

Holders
18
Holders Change
-7
Holders Change %
-28%
% of All Funds
0.37%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
3
Reduced
7
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
AAS
1
Avantax Advisory Services
Texas
$3.13M +$742K +89,566 +31%
Wolverine Trading
2
Wolverine Trading
Illinois
$2.35M +$1.96M +236,078 +460%
Wells Fargo
3
Wells Fargo
California
$465K -$49.7M -5,996,365 -99%
RJT
4
Raymond James Trust
Florida
$375K
FCBT
5
First Citizens Bank & Trust
North Carolina
$271K -$86.1K -10,382 -24%
Envestnet Asset Management
6
Envestnet Asset Management
Illinois
$267K -$88.1K -10,627 -25%
VC
7
Vicus Capital
Pennsylvania
$257K +$67.8K +8,176 +36%
WMG
8
WESCAP Management Group
California
$222K -$81.3K -9,811 -27%
WB
9
West Bancorporation
Iowa
$178K
AL
10
Aspiriant LLC
California
$163K +$98.7K +11,907 New
Jane Street
11
Jane Street
New York
$143K +$142K +17,110 New
PNC Financial Services Group
12
PNC Financial Services Group
Pennsylvania
$86K
IFAM
13
Institutional & Family Asset Management
Colorado
$69K
Morgan Stanley
14
Morgan Stanley
New York
$19K -$15.7K -1,893 -45%
BL
15
Balentine LLC
Georgia
$19K
FP
16
Financial Perspectives
Minnesota
$11.1K
Osaic Holdings
17
Osaic Holdings
Arizona
$10K -$21.9K -2,644 -69%
JP Morgan Chase
18
JP Morgan Chase
New York
$3K -$1.66K -200 -36%
Citadel Advisors
19
Citadel Advisors
Florida
-$3.09M -536,228 Closed
Susquehanna International Group
20
Susquehanna International Group
Pennsylvania
-$932K -161,733 Closed
Northern Trust
21
Northern Trust
Illinois
-$151K -26,168 Closed
RJA
22
Raymond James & Associates
Florida
-$110K -19,044 Closed
MFG
23
Merit Financial Group
Georgia
-$83K -14,437 Closed
A
24
AdvicePeriod
California
-$65K -11,366 Closed
PA
25
Parallel Advisors
California
-$5K -883 Closed

AMU Hedge Fund Activity: Q2 2020 in Review

18 of the 4,878 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.