Global X MLP ETF
MLPA
44 hedge funds and large institutions have $141M invested in Global X MLP ETF in 2016 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 19 increasing their positions, 15 reducing their positions, and 10 closing their positions.
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
27% more repeat investments, than reductions
Existing positions increased: 19 | Existing positions reduced: 15
1.45% less ownership
Funds ownership: 11.6% → 10.16% (-1.4%)
14% less funds holding
Funds holding: 51 → 44 (-7)
18% less capital invested
Capital invested by funds: $173M → $141M (-$32M)
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$2.15M |
| 2 |
GI
Gradient Investments
Arden Hills,
Minnesota
|
+$575K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$567K |
| 4 |
VF
Virtu Financial
New York
|
+$432K |
| 5 |
Millennium Management
New York
|
+$304K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$9.27M |
| 2 |
Morgan Stanley
New York
|
-$4.02M |
| 3 |
MHI
Miller Howard Investments
Kingston,
New York
|
-$3.56M |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$2.71M |
| 5 |
Jane Street
New York
|
-$1.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
IA
51
IFP Advisors
Tampa,
Florida
| – | -$90K | -1,450 | Closed |
|
52
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$15K | -248 | Closed |
|
|
FPFS
53
First Personal Financial Services
Charlotte,
North Carolina
| – | -$9K | -152 | Closed |
|
|
MFS
54
MSI Financial Services
Springfield,
Massachusetts
| – | -$2K | -26 | Closed |
|
MLPA Hedge Fund Activity: Q1 2016 in Review
44 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Global X MLP ETF (MLPA) for Q1 2016, worth a combined $141M — down 18% from $173M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of MLPA and 4 opened new positions — a net loss of 6 holders — while 15 trimmed existing stakes and 19 added.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $2.15M. The largest seller was Wells Fargo, cutting an estimated $9.27M.
- 44 institutional investors held Global X MLP ETF (MLPA) as of Q1 2016, down from 51 in Q4 2015.
- Funds reported $141M of Global X MLP ETF stock for Q1 2016, down 18% quarter-over-quarter.
- 4 funds opened new Global X MLP ETF positions in Q1 2016 and 10 closed out, a net change of -6 holders.
- The largest Global X MLP ETF buyer in Q1 2016 was Charles Schwab Investment Advisory, an estimated $2.15M added.
- The largest Global X MLP ETF seller in Q1 2016 was Wells Fargo, an estimated $9.27M sold.
Based on aggregated 13F filings for Q1 2016.