Global X MLP ETF
MLPA
147 hedge funds and large institutions have $469M invested in Global X MLP ETF in 2018 Q4 according to their latest regulatory filings, with 39 funds opening new positions, 43 increasing their positions, 60 reducing their positions, and 21 closing their positions.
86% more first-time investments, than exits
New positions opened: 39 | Existing positions closed: 21
13% more funds holding
Funds holding: 130 → 147 (+17)
0.69% less ownership
Funds ownership: 11.24% → 10.55% (-0.69%)
25% less capital invested
Capital invested by funds: $623M → $469M (-$154M)
28% less repeat investments, than reductions
Existing positions increased: 43 | Existing positions reduced: 60
64% less funds holding in top 10
Funds holding in top 10: 11 → 4 (-7)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAAS
First Allied Advisory Services
San Diego,
California
|
+$14.3M |
| 2 |
CM
Columbus Macro
New Castle,
Pennsylvania
|
+$12.8M |
| 3 |
MGAM
McGowan Group Asset Management
Dallas,
Texas
|
+$10.2M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$10.1M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$7.74M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$30.6M |
| 2 |
ACM
Aviance Capital Management
Sarasota,
Florida
|
-$13.8M |
| 3 |
TCM
Tradewinds Capital Management
Bellingham,
Washington
|
-$11.1M |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$9.21M |
| 5 |
Wells Fargo
San Francisco,
California
|
-$8.4M |
MLPA Hedge Fund Activity: Q4 2018 in Review
147 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Global X MLP ETF (MLPA) for Q4 2018, worth a combined $469M — down 25% from $623M a quarter earlier.
Buyers outnumbered sellers: 39 funds opened new MLPA positions and 21 closed out — a net gain of 18 holders — while 43 added to existing stakes and 60 trimmed.
The largest buyer was First Allied Advisory Services, adding an estimated $14.3M. The largest seller was Bank of America, cutting an estimated $30.6M.
- 147 institutional investors held Global X MLP ETF (MLPA) as of Q4 2018, up from 130 in Q3 2018.
- Funds reported $469M of Global X MLP ETF stock for Q4 2018, down 25% quarter-over-quarter.
- 39 funds opened new Global X MLP ETF positions in Q4 2018 and 21 closed out, a net change of +18 holders.
- The largest Global X MLP ETF buyer in Q4 2018 was First Allied Advisory Services, an estimated $14.3M added.
- The largest Global X MLP ETF seller in Q4 2018 was Bank of America, an estimated $30.6M sold.
Based on aggregated 13F filings for Q4 2018.