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iPath Select MLP ETN

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.

New
Increased
Maintained
Reduced
Closed

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: 22 (0)

9% less funds holding

Funds holding: 3431 (-3)

50% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 6

Holders
31
Holders Change
-3
Holders Change %
-8.82%
% of All Funds
0.67%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.04%
New
3
Increased
13
Reduced
4
Closed
6
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CIBC Private Wealth Group
1
CIBC Private Wealth Group
Georgia
$240M +$1.78M +89,737 +0.8%
Kayne Anderson Rudnick Investment Management
2
Kayne Anderson Rudnick Investment Management
California
$25.7M +$10.1M +506,519 +67%
Northern Trust
3
Northern Trust
Illinois
$22.9M +$212K +10,657 +1%
AP
4
Arlington Partners
Alabama
$16.4M +$352K +17,715 +2%
UBS Group
5
UBS Group
Switzerland
$10.9M +$16.2K +815 +0.2%
SB
6
Suntrust Banks
Georgia
$7.83M -$10.5M -529,258 -58%
STA
7
Summit Trail Advisors
New York
$7.31M +$496K +24,932 +7%
GEM
8
Global Endowment Management
North Carolina
$3.89M
JMPWA
9
JP Morgan Private Wealth Advisors
California
$3.34M +$1.93M +97,041 +146%
CBU
10
CIBC Bank USA
Illinois
$2.69M +$11.4K +572 +0.4%
WTC
11
WhitTier Trust Company
Nevada
$2.65M -$305K -15,333 -11%
BC
12
Brinker Capital
Pennsylvania
$1.68M +$404K +20,315 +33%
NAM
13
North American Management
Massachusetts
$1.51M +$42.9K +2,158 +3%
ACP
14
Arcus Capital Partners
Georgia
$1.46M
FNBT
15
FineMark National Bank & Trust
Florida
$1.06M +$684K +34,379 +197%
Bank of New York Mellon
16
Bank of New York Mellon
New York
$900K +$874K +43,980 New
US Bancorp
17
US Bancorp
Minnesota
$307K
BFO
18
Biltmore Family Office
North Carolina
$277K +$596 +30 +0.2%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$259K -$167K -8,375 -40%
Stifel Financial
20
Stifel Financial
Missouri
$257K
PNC Financial Services Group
21
PNC Financial Services Group
Pennsylvania
$162K +$157K +7,899 New
LTFS
22
Ladenburg Thalmann Financial Services
Florida
$28K +$338 +17 +1%
FHA
23
First Horizon Advisors
Tennessee
$23K
FCT
24
Family Capital Trust
Massachusetts
$21K
SQA
25
Simon Quick Advisors
New Jersey
$20K

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.