iPath Select MLP ETN
ATMP
26 hedge funds and large institutions have $209M invested in iPath Select MLP ETN in 2015 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
30% more funds holding
Funds holding: 20 → 26 (+6)
10.08% more ownership
Funds ownership: 88.65% → 98.73% (+10%)
7% less capital invested
Capital invested by funds: $225M → $209M (-$15.3M)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
+$10.8M |
| 2 |
SB
Suntrust Banks
Atlanta,
Georgia
|
+$9.44M |
| 3 |
Neuberger Berman Group
New York
|
+$1.41M |
| 4 |
LC
Lourd Capital
Beverly Hills,
California
|
+$310K |
| 5 |
Morgan Stanley
New York
|
+$256K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$20.1M |
| 2 |
NAM
North American Management
Boston,
Massachusetts
|
-$1.82M |
| 3 |
VF
Virtu Financial
New York
|
-$1.43M |
| 4 |
AAM
Aureus Asset Management
Boston,
Massachusetts
|
-$345K |
| 5 |
Jane Street
New York
|
-$333K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
26
Virtu Financial
New York
| – | -$1.43M | -69,171 | Closed |
|
|
AAM
27
Aureus Asset Management
Boston,
Massachusetts
| – | -$345K | -16,652 | Closed |
|
28
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$2K | -100 | Closed |
|
ATMP Hedge Fund Activity: Q4 2015 in Review
26 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in iPath Select MLP ETN (ATMP) for Q4 2015, worth a combined $209M — down 6.8% from $225M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new ATMP positions and 3 closed out — a net gain of 6 holders — while 6 added to existing stakes and 7 trimmed.
The largest buyer was Northern Trust, adding an estimated $10.8M. The largest seller was CIBC Private Wealth Group, cutting an estimated $20.1M.
- 26 institutional investors held iPath Select MLP ETN (ATMP) as of Q4 2015, up from 20 in Q3 2015.
- Funds reported $209M of iPath Select MLP ETN stock for Q4 2015, down 6.8% quarter-over-quarter.
- 9 funds opened new iPath Select MLP ETN positions in Q4 2015 and 3 closed out, a net change of +6 holders.
- The largest iPath Select MLP ETN buyer in Q4 2015 was Northern Trust, an estimated $10.8M added.
- The largest iPath Select MLP ETN seller in Q4 2015 was CIBC Private Wealth Group, an estimated $20.1M sold.
Based on aggregated 13F filings for Q4 2015.