iPath Select MLP ETN
ATMP
20 hedge funds and large institutions have $225M invested in iPath Select MLP ETN in 2015 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 15 closing their positions.
2.42% less ownership
Funds ownership: 91.07% → 88.65% (-2.4%)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
29% less funds holding
Funds holding: 28 → 20 (-8)
37% less capital invested
Capital invested by funds: $359M → $225M (-$135M)
53% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 15
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SB
Suntrust Banks
Atlanta,
Georgia
|
+$21.5M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$8.21M |
| 3 |
VF
Virtu Financial
New York
|
+$1.7M |
| 4 |
Jane Street
New York
|
+$1.34M |
| 5 |
CIC
Chilton Investment Company
Stamford,
Connecticut
|
+$639K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RIG
RiverFront Investment Group
Richmond,
Virginia
|
-$68.7M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$18.9M |
| 3 |
Northern Trust
Chicago,
Illinois
|
-$7.58M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.12M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HCM
26
Hollencrest Capital Management
Newport Beach,
California
| – | -$219K | -8,000 | Closed |
|
27
UBS Group
Zurich,
Switzerland
| – | -$110K | -4,008 | Closed |
|
|
S
28
SignatureFD
Atlanta,
Georgia
| – | -$67K | -2,457 | Closed |
|
|
WRM
29
Westport Resources Management
Westport,
Connecticut
| – | -$41K | -1,500 | Closed |
|
|
LTFS
30
Ladenburg Thalmann Financial Services
Miami,
Florida
| – | -$32K | -1,165 | Closed |
|
31
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$21.9K | -893 | -98% |
|
|
HI
32
Hudock Inc
Williamsport,
Pennsylvania
| – | -$11K | -414 | Closed |
|
|
CG
33
Colony Group
Boston,
Massachusetts
| – | -$6K | -210 | Closed |
|
34
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$5K | -174 | Closed |
|
ATMP Hedge Fund Activity: Q3 2015 in Review
20 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in iPath Select MLP ETN (ATMP) for Q3 2015, worth a combined $225M — down 37% from $359M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of ATMP and 7 opened new positions — a net loss of 8 holders — while 5 trimmed existing stakes and 4 added.
The largest buyer was Suntrust Banks, adding an estimated $21.5M. The largest seller was RiverFront Investment Group, exiting entirely with an estimated $68.7M sold.
- 20 institutional investors held iPath Select MLP ETN (ATMP) as of Q3 2015, down from 28 in Q2 2015.
- Funds reported $225M of iPath Select MLP ETN stock for Q3 2015, down 37% quarter-over-quarter.
- 7 funds opened new iPath Select MLP ETN positions in Q3 2015 and 15 closed out, a net change of -8 holders.
- The largest iPath Select MLP ETN buyer in Q3 2015 was Suntrust Banks, an estimated $21.5M added.
- The largest iPath Select MLP ETN seller in Q3 2015 was RiverFront Investment Group, an estimated $68.7M sold.
Based on aggregated 13F filings for Q3 2015.