ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040
MLPB
25 hedge funds and large institutions have $109M invested in ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 in 2020 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 15 reducing their positions, and 8 closing their positions.
10% more capital invested
Capital invested by funds: $99.1M → $109M (+$9.92M)
4.37% less ownership
Funds ownership: 69.3% → 64.93% (-4.4%)
11% less funds holding
Funds holding: 28 → 25 (-3)
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
80% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$2.38M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
+$1.34M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
+$324K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$209K |
| 5 |
Neuberger Berman Group
New York
|
+$166K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$9.55M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$3.23M |
| 3 |
HT
HAP Trading
New York
|
-$944K |
| 4 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$825K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$722K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
US Bancorp
Minneapolis,
Minnesota
| $1K | +$809 | +73 | New |
|
|
HT
27
HAP Trading
New York
| – | -$944K | -100,963 | Closed |
|
28
Jane Street
New York
| – | -$123K | -13,132 | Closed |
|
|
SWM
29
Stockman Wealth Management
Billings,
Montana
| – | -$100K | -10,700 | Closed |
|
30
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$34K | -3,623 | Closed |
|
|
PFS
31
Prospera Financial Services
Dallas,
Texas
| – | -$27K | -2,855 | Closed |
|
32
Morgan Stanley
New York
| – | -$19K | -2,019 | Closed |
|
|
CA
33
Clearstead Advisors
Cleveland,
Ohio
| – | -$13K | -1,347 | Closed |
|
34
JP Morgan Chase
New York
| – | -$10K | -1,000 | Closed |
|
MLPB Hedge Fund Activity: Q4 2020 in Review
25 of the 5,651 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 Q4 2020, worth a combined $109M — up 10% from $99.1M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MLPB and 5 opened new positions — a net loss of 3 holders — while 15 trimmed existing stakes and 3 added.
The largest buyer was CIBC Private Wealth Group, adding an estimated $2.38M. The largest seller was Wells Fargo, cutting an estimated $9.55M.
- 25 institutional investors held ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 (MLPB) as of Q4 2020, down from 28 in Q3 2020.
- Funds reported $109M of ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 stock for Q4 2020, up 10% quarter-over-quarter.
- 5 funds opened new ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 positions in Q4 2020 and 8 closed out, a net change of -3 holders.
- The largest ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 buyer in Q4 2020 was CIBC Private Wealth Group, an estimated $2.38M added.
- The largest ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 seller in Q4 2020 was Wells Fargo, an estimated $9.55M sold.
Based on aggregated 13F filings for Q4 2020.