iPath Select MLP ETN
ATMP
31 hedge funds and large institutions have $351M invested in iPath Select MLP ETN in 2019 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 13 increasing their positions, 4 reducing their positions, and 6 closing their positions.
225% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 4
12% more capital invested
Capital invested by funds: $314M → $351M (+$36.9M)
0.49% more ownership
Funds ownership: 87.69% → 88.18% (+0.49%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
9% less funds holding
Funds holding: 34 → 31 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
+$10.1M |
| 2 |
JMPWA
JP Morgan Private Wealth Advisors
San Francisco,
California
|
+$1.93M |
| 3 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$1.78M |
| 4 |
Bank of New York Mellon
New York
|
+$874K |
| 5 |
FNBT
FineMark National Bank & Trust
Fort Myers,
Florida
|
+$684K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SB
Suntrust Banks
Atlanta,
Georgia
|
-$10.5M |
| 2 |
VF
Virtu Financial
New York
|
-$6.93M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.47M |
| 4 |
Jane Street
New York
|
-$3.43M |
| 5 |
AAM
Aureus Asset Management
Boston,
Massachusetts
|
-$345K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
26
IFP Advisors
Tampa,
Florida
| $12K | -$9.32K | -469 | -44% |
|
27
Barclays
London,
United Kingdom
| $12K | – | – | – |
|
|
WT
28
Whittier Trust
South Pasadena,
California
| $12K | – | – | – |
|
|
AG
29
Advisor Group
Phoenix,
Arizona
| $6K | – | – | – |
|
30
Bank of America
Charlotte,
North Carolina
| $1K | – | – | – |
|
|
VF
31
Virtu Financial
New York
| – | -$6.93M | -390,963 | Closed |
|
|
32
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$4.47M | -251,968 | Closed |
|
|
33
Jane Street
New York
| – | -$3.43M | -193,571 | Closed |
|
|
AAM
34
Aureus Asset Management
Boston,
Massachusetts
| – | -$345K | -19,441 | Closed |
|
35
Wells Fargo
San Francisco,
California
| – | -$128K | -7,200 | Closed |
|
36
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$44K | -2,500 | Closed |
|
|
TRCT
37
Tower Research Capital (TRC)
New York
| – | +$219 | +11 | New |
|
ATMP Hedge Fund Activity: Q1 2019 in Review
31 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in iPath Select MLP ETN (ATMP) for Q1 2019, worth a combined $351M — up 12% from $314M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of ATMP and 3 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 13 added.
The largest buyer was Kayne Anderson Rudnick Investment Management, adding an estimated $10.1M. The largest seller was Suntrust Banks, cutting an estimated $10.5M.
- 31 institutional investors held iPath Select MLP ETN (ATMP) as of Q1 2019, down from 34 in Q4 2018.
- Funds reported $351M of iPath Select MLP ETN stock for Q1 2019, up 12% quarter-over-quarter.
- 3 funds opened new iPath Select MLP ETN positions in Q1 2019 and 6 closed out, a net change of -3 holders.
- The largest iPath Select MLP ETN buyer in Q1 2019 was Kayne Anderson Rudnick Investment Management, an estimated $10.1M added.
- The largest iPath Select MLP ETN seller in Q1 2019 was Suntrust Banks, an estimated $10.5M sold.
Based on aggregated 13F filings for Q1 2019.