ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040
MLPB
28 hedge funds and large institutions have $99.1M invested in ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 in 2020 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 14 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
12% more funds holding
Funds holding: 25 → 28 (+3)
4.18% more ownership
Funds ownership: 65.12% → 69.3% (+4.2%)
18% less capital invested
Capital invested by funds: $122M → $99.1M (-$22.5M)
79% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 14
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$8.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$3.54M |
| 3 |
HT
HAP Trading
New York
|
+$462K |
| 4 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$357K |
| 5 |
Jane Street
New York
|
+$140K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$12.4M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
-$1.23M |
| 3 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$1.09M |
| 4 |
NC
NBW Capital
Boston,
Massachusetts
|
-$486K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$442K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Osaic Holdings
Scottsdale,
Arizona
| $11K | – | – | – |
|
27
JP Morgan Chase
New York
| $10K | +$10.7K | +1,000 | New |
|
28
UBS Group
Zurich,
Switzerland
| $2K | – | – | – |
|
|
29
IMC Chicago
Chicago,
Illinois
| – | -$1.23M | -107,669 | Closed |
|
|
M
30
MOTCO
San Antonio,
Texas
| – | -$17K | -1,504 | Closed |
|
|
CAN
31
Cetera Advisor Networks
El Segundo,
California
| – | -$3K | -287 | Closed |
|
|
AAP
32
Arax Advisory Partners
Denver,
Colorado
| – | -$3K | -255 | Closed |
|
MLPB Hedge Fund Activity: Q3 2020 in Review
28 of the 4,956 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 Q3 2020, worth a combined $99.1M — down 18% from $122M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MLPB positions and 4 closed out — a net gain of 3 holders — while 3 added to existing stakes and 14 trimmed.
The largest buyer was CIBC Private Wealth Group, adding an estimated $8.8M. The largest seller was Wells Fargo, cutting an estimated $12.4M.
- 28 institutional investors held ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 (MLPB) as of Q3 2020, up from 25 in Q2 2020.
- Funds reported $99.1M of ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 stock for Q3 2020, down 18% quarter-over-quarter.
- 7 funds opened new ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 positions in Q3 2020 and 4 closed out, a net change of +3 holders.
- The largest ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 buyer in Q3 2020 was CIBC Private Wealth Group, an estimated $8.8M added.
- The largest ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 seller in Q3 2020 was Wells Fargo, an estimated $12.4M sold.
Based on aggregated 13F filings for Q3 2020.