ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040
MLPB
25 hedge funds and large institutions have $122M invested in ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 in 2020 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 3 closing their positions.
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
207% more capital invested
Capital invested by funds: $39.6M → $122M (+$82M)
56% more funds holding
Funds holding: 16 → 25 (+9)
24.51% more ownership
Funds ownership: 40.61% → 65.12% (+25%)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$60.8M |
| 2 |
MCM
MAI Capital Management
Independence,
Ohio
|
+$4.21M |
| 3 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
+$2.58M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
+$1.21M |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
+$1.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$5.14M |
| 2 |
JP Morgan Chase
New York
|
-$1.33M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$718K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$339K |
| 5 |
CPIG
Chicago Partners Investment Group
Chicago,
Illinois
|
-$190K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
JP Morgan Chase
New York
| – | -$1.33M | -163,540 | Closed |
|
|
27
Citadel Advisors
Miami,
Florida
| – | -$718K | -87,948 | Closed |
|
|
FMBTD
28
First Midwest Bank Trust Division
Joliet,
Illinois
| – | -$110K | -13,454 | Closed |
|
MLPB Hedge Fund Activity: Q2 2020 in Review
25 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 (MLPB) for Q2 2020, worth a combined $122M — up 207% from $39.6M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new MLPB positions and 3 closed out — a net gain of 9 holders — while 5 added to existing stakes and 7 trimmed.
The largest buyer was Wells Fargo, adding an estimated $60.8M. The largest seller was CIBC Private Wealth Group, cutting an estimated $5.14M.
- 25 institutional investors held ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 (MLPB) as of Q2 2020, up from 16 in Q1 2020.
- Funds reported $122M of ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 stock for Q2 2020, up 207% quarter-over-quarter.
- 12 funds opened new ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 positions in Q2 2020 and 3 closed out, a net change of +9 holders.
- The largest ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 buyer in Q2 2020 was Wells Fargo, an estimated $60.8M added.
- The largest ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 seller in Q2 2020 was CIBC Private Wealth Group, an estimated $5.14M sold.
Based on aggregated 13F filings for Q2 2020.