iPath Select MLP ETN
ATMP
30 hedge funds and large institutions have $412M invested in iPath Select MLP ETN in 2018 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 10 increasing their positions, 8 reducing their positions, and 5 closing their positions.
25% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 8
17% more capital invested
Capital invested by funds: $353M → $412M (+$59.2M)
0.44% less ownership
Funds ownership: 91.97% → 91.53% (-0.44%)
9% less funds holding
Funds holding: 33 → 30 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$19.6M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$13M |
| 3 |
STA
Summit Trail Advisors
New York
|
+$1.65M |
| 4 |
GEM
Global Endowment Management
Charlotte,
North Carolina
|
+$505K |
| 5 |
Barclays
London,
United Kingdom
|
+$398K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$9.02M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$3.98M |
| 3 |
Brown Advisory
Baltimore,
Maryland
|
-$683K |
| 4 |
Northern Trust
Chicago,
Illinois
|
-$526K |
| 5 |
CA
Clearstead Advisors
Cleveland,
Ohio
|
-$225K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FCT
26
Family Capital Trust
Peabody,
Massachusetts
| $21K | – | – | – |
|
|
LTFS
27
Ladenburg Thalmann Financial Services
Miami,
Florida
| $19K | – | – | – |
|
|
WT
28
Whittier Trust
South Pasadena,
California
| $12K | – | – | – |
|
|
AG
29
Advisor Group
Phoenix,
Arizona
| $6K | – | – | – |
|
|
30
Brown Advisory
Baltimore,
Maryland
| – | -$683K | -37,253 | Closed |
|
|
CA
31
Clearstead Advisors
Cleveland,
Ohio
| – | -$225K | -12,247 | Closed |
|
32
Bessemer Group
Woodbridge,
New Jersey
| – | -$201K | -10,959 | Closed |
|
|
WTB
33
Washington Trust Bank
Spokane,
Washington
| – | -$37K | -2,000 | Closed |
|
|
PA
34
Parallel Advisors
San Francisco,
California
| – | -$8K | -445 | Closed |
|
ATMP Hedge Fund Activity: Q2 2018 in Review
30 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in iPath Select MLP ETN (ATMP) for Q2 2018, worth a combined $412M — up 17% from $353M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of ATMP and 2 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 10 added.
The largest buyer was Kayne Anderson Rudnick Investment Management, adding an estimated $19.6M. The largest seller was Suntrust Banks, cutting an estimated $9.02M.
- 30 institutional investors held iPath Select MLP ETN (ATMP) as of Q2 2018, down from 33 in Q1 2018.
- Funds reported $412M of iPath Select MLP ETN stock for Q2 2018, up 17% quarter-over-quarter.
- 2 funds opened new iPath Select MLP ETN positions in Q2 2018 and 5 closed out, a net change of -3 holders.
- The largest iPath Select MLP ETN buyer in Q2 2018 was Kayne Anderson Rudnick Investment Management, an estimated $19.6M added.
- The largest iPath Select MLP ETN seller in Q2 2018 was Suntrust Banks, an estimated $9.02M sold.
Based on aggregated 13F filings for Q2 2018.