iPath Select MLP ETN
ATMP
35 hedge funds and large institutions have $366M invested in iPath Select MLP ETN in 2017 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 9 reducing their positions, and 3 closing their positions.
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
33% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 9
3% more funds holding
Funds holding: 34 → 35 (+1)
2.3% less ownership
Funds ownership: 90.3% → 88% (-2.3%)
13% less capital invested
Capital invested by funds: $423M → $366M (-$56.3M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$2.43M |
| 2 |
Jane Street
New York
|
+$999K |
| 3 |
CBU
CIBC Bank USA
Chicago,
Illinois
|
+$976K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$823K |
| 5 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
+$742K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$41.9M |
| 2 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$8.89M |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$5.12M |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$2.29M |
| 5 |
BC
Brinker Capital
Berwyn,
Pennsylvania
|
-$282K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WTB
26
Washington Trust Bank
Spokane,
Washington
| $74K | – | – | – |
|
|
WEC
27
Winslow Evans & Crocker
Boston,
Massachusetts
| $27K | – | – | – |
|
|
IA
28
IFP Advisors
Tampa,
Florida
| $22K | -$10.3K | -500 | -32% |
|
|
FCT
29
Family Capital Trust
Peabody,
Massachusetts
| $22K | – | – | – |
|
|
LTFS
30
Ladenburg Thalmann Financial Services
Miami,
Florida
| $21K | +$308 | +15 | +1% |
|
|
PA
31
Parallel Advisors
San Francisco,
California
| $18K | – | – | – |
|
|
WT
32
Whittier Trust
South Pasadena,
California
| $12K | – | – | – |
|
|
AG
33
Advisor Group
Phoenix,
Arizona
| $9K | – | – | – |
|
|
CA
34
Calton & Associates
Tampa,
Florida
| $4K | +$3.9K | +190 | New |
|
35
Bank of America
Charlotte,
North Carolina
| – | -$113K | -5,290 | Closed |
|
36
Barclays
London,
United Kingdom
| – | -$76K | -3,575 | Closed |
|
|
ECM
37
Exchange Capital Management
Ann Arbor,
Michigan
| – | -$64K | -3,000 | Closed |
|
ATMP Hedge Fund Activity: Q4 2017 in Review
35 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in iPath Select MLP ETN (ATMP) for Q4 2017, worth a combined $366M — down 13% from $423M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new ATMP positions and 3 closed out — a net gain of 1 holder — while 12 added to existing stakes and 9 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $2.43M. The largest seller was CIBC Private Wealth Group, cutting an estimated $41.9M.
- 35 institutional investors held iPath Select MLP ETN (ATMP) as of Q4 2017, up from 34 in Q3 2017.
- Funds reported $366M of iPath Select MLP ETN stock for Q4 2017, down 13% quarter-over-quarter.
- 4 funds opened new iPath Select MLP ETN positions in Q4 2017 and 3 closed out, a net change of +1 holder.
- The largest iPath Select MLP ETN buyer in Q4 2017 was Virtu Financial, an estimated $2.43M added.
- The largest iPath Select MLP ETN seller in Q4 2017 was CIBC Private Wealth Group, an estimated $41.9M sold.
Based on aggregated 13F filings for Q4 2017.