ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN
LMLP
LMLP was delisted on the 24th of March, 2020.
4 hedge funds and large institutions have $479K invested in ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN in 2017 Q1 according to their latest regulatory filings, with 0 funds opening new positions, increasing their positions, 1 reducing their positions, and 2 closing their positions.
33% less funds holding
Funds holding: 6 → 4 (-2)
49% less capital invested
Capital invested by funds: $939K → $479K (-$460K)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
-$300K |
| 2 |
Jane Street
New York
|
-$140K |
| 3 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$133K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CFA
1
Carroll Financial Associates
Charlotte,
North Carolina
| $459K | -$300K | -22,680 | -40% |
|
2
Royal Bank of Canada
Toronto,
Ontario, Canada
| $17K | – | – | – |
|
3
Creative Planning
Overland Park,
Kansas
| $3K | – | – | – |
|
|
4
Jane Street
New York
| – | -$140K | -12,214 | Closed |
|
|
CAN
5
Cetera Advisor Networks
El Segundo,
California
| – | -$133K | -11,600 | Closed |
|
LMLP Hedge Fund Activity: Q1 2017 in Review
4 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN (LMLP) for Q1 2017, worth a combined $479K — down 49% from $939K a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of LMLP and 0 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 0 added.
The largest seller was Carroll Financial Associates, cutting an estimated $300K.
- 4 institutional investors held ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN (LMLP) as of Q1 2017, down from 6 in Q4 2016.
- Funds reported $479K of ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN stock for Q1 2017, down 49% quarter-over-quarter.
- 0 funds opened new ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN positions in Q1 2017 and 2 closed out, a net change of -2 holders.
- The largest ETRACS Monthly Pay 2xLeveraged Wells Fargo MLP Ex-Energy ETN seller in Q1 2017 was Carroll Financial Associates, an estimated $300K sold.
Based on aggregated 13F filings for Q1 2017.