iPath Select MLP ETN
ATMP
33 hedge funds and large institutions have $353M invested in iPath Select MLP ETN in 2018 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 14 increasing their positions, 8 reducing their positions, and 6 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 8
3.97% more ownership
Funds ownership: 88% → 91.97% (+4%)
4% less capital invested
Capital invested by funds: $366M → $353M (-$13.1M)
6% less funds holding
Funds holding: 35 → 33 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$15.9M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$11.6M |
| 3 |
SB
Suntrust Banks
Atlanta,
Georgia
|
+$5.51M |
| 4 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$3.61M |
| 5 |
Northern Trust
Chicago,
Illinois
|
+$3.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$2.46M |
| 2 |
STA
Summit Trail Advisors
New York
|
-$2.43M |
| 3 |
Jane Street
New York
|
-$1.42M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.09M |
| 5 |
MML Investors Services
Springfield,
Massachusetts
|
-$460K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $22K | – | – | – |
|
|
FCT
27
Family Capital Trust
Peabody,
Massachusetts
| $19K | – | – | – |
|
|
LTFS
28
Ladenburg Thalmann Financial Services
Miami,
Florida
| $19K | +$290 | +14 | +1% |
|
29
Barclays
London,
United Kingdom
| $11K | +$11.9K | +575 | New |
|
|
WT
30
Whittier Trust
South Pasadena,
California
| $10K | – | – | – |
|
|
PA
31
Parallel Advisors
San Francisco,
California
| $8K | -$9.2K | -445 | -50% |
|
|
AG
32
Advisor Group
Phoenix,
Arizona
| $6K | -$2.73K | -132 | -30% |
|
|
VF
33
Virtu Financial
New York
| – | -$2.46M | -118,644 | Closed |
|
|
34
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.09M | -52,537 | Closed |
|
|
35
MML Investors Services
Springfield,
Massachusetts
| – | -$460K | -22,182 | Closed |
|
36
Morgan Stanley
New York
| – | -$145K | -7,000 | Closed |
|
|
WEC
37
Winslow Evans & Crocker
Boston,
Massachusetts
| – | -$27K | -1,300 | Closed |
|
|
CA
38
Calton & Associates
Tampa,
Florida
| – | -$4K | -190 | Closed |
|
ATMP Hedge Fund Activity: Q1 2018 in Review
33 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in iPath Select MLP ETN (ATMP) for Q1 2018, worth a combined $353M — down 3.6% from $366M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of ATMP and 4 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 14 added.
The largest buyer was CIBC Private Wealth Group, adding an estimated $15.9M. The largest seller was Virtu Financial, exiting entirely with an estimated $2.46M sold.
- 33 institutional investors held iPath Select MLP ETN (ATMP) as of Q1 2018, down from 35 in Q4 2017.
- Funds reported $353M of iPath Select MLP ETN stock for Q1 2018, down 3.6% quarter-over-quarter.
- 4 funds opened new iPath Select MLP ETN positions in Q1 2018 and 6 closed out, a net change of -2 holders.
- The largest iPath Select MLP ETN buyer in Q1 2018 was CIBC Private Wealth Group, an estimated $15.9M added.
- The largest iPath Select MLP ETN seller in Q1 2018 was Virtu Financial, an estimated $2.46M sold.
Based on aggregated 13F filings for Q1 2018.