iPath Select MLP ETN
ATMP
23 hedge funds and large institutions have $237M invested in iPath Select MLP ETN in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 6 closing their positions.
13% more capital invested
Capital invested by funds: $209M → $237M (+$27.3M)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less ownership
Funds ownership: 98.73% → 94.73% (-4%)
12% less funds holding
Funds holding: 26 → 23 (-3)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$17.5M |
| 2 |
SB
Suntrust Banks
Atlanta,
Georgia
|
+$17.3M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
+$254K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$237K |
| 5 |
WTC
WhitTier Trust Company
Reno,
Nevada
|
+$210K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Northern Trust
Chicago,
Illinois
|
-$1.79M |
| 2 |
Neuberger Berman Group
New York
|
-$1.28M |
| 3 |
Jane Street
New York
|
-$715K |
| 4 |
GBBWRPM
Genovese Burford & Brothers Wealth & Retirement Plan Management
Sacramento,
California
|
-$310K |
| 5 |
LC
Lourd Capital
Beverly Hills,
California
|
-$281K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VKH
26
Virtu KCG Holdings
New York
| – | -$200K | -10,735 | Closed |
|
27
Wells Fargo
San Francisco,
California
| – | -$109K | -5,859 | Closed |
|
ATMP Hedge Fund Activity: Q1 2016 in Review
23 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in iPath Select MLP ETN (ATMP) for Q1 2016, worth a combined $237M — up 13% from $209M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of ATMP and 3 opened new positions — a net loss of 3 holders — while 7 trimmed existing stakes and 6 added.
The largest buyer was CIBC Private Wealth Group, adding an estimated $17.5M. The largest seller was Northern Trust, cutting an estimated $1.79M.
- 23 institutional investors held iPath Select MLP ETN (ATMP) as of Q1 2016, down from 26 in Q4 2015.
- Funds reported $237M of iPath Select MLP ETN stock for Q1 2016, up 13% quarter-over-quarter.
- 3 funds opened new iPath Select MLP ETN positions in Q1 2016 and 6 closed out, a net change of -3 holders.
- The largest iPath Select MLP ETN buyer in Q1 2016 was CIBC Private Wealth Group, an estimated $17.5M added.
- The largest iPath Select MLP ETN seller in Q1 2016 was Northern Trust, an estimated $1.79M sold.
Based on aggregated 13F filings for Q1 2016.