ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040
MLPB
26 hedge funds and large institutions have $123M invested in ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
13% more capital invested
Capital invested by funds: $109M → $123M (+$13.9M)
4% more funds holding
Funds holding: 25 → 26 (+1)
1.46% less ownership
Funds ownership: 64.93% → 63.46% (-1.5%)
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$1.71M |
| 2 |
HT
HAP Trading
New York
|
+$557K |
| 3 |
MW
MBL Wealth
Charlotte,
North Carolina
|
+$217K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$145K |
| 5 |
EAM
Evanson Asset Management
Carmel,
California
|
+$139K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$5.42M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
-$1.69M |
| 3 |
NC
NBW Capital
Boston,
Massachusetts
|
-$1.02M |
| 4 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$366K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$335K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
UBS Group
Zurich,
Switzerland
| $2K | – | – | – |
|
27
Bank of America
Charlotte,
North Carolina
| $1K | – | – | – |
|
|
KAS
28
Kestra Advisory Services
Austin,
Texas
| – | -$224K | -18,902 | Closed |
|
|
WT
29
Washington Trust
Westerly,
Rhode Island
| – | -$85K | -7,130 | Closed |
|
|
MA
30
MUFG Americas
New York
| – | -$55K | -4,600 | Closed |
|
31
US Bancorp
Minneapolis,
Minnesota
| – | -$1K | -73 | Closed |
|
MLPB Hedge Fund Activity: Q1 2021 in Review
26 of the 5,695 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 Q1 2021, worth a combined $123M — up 13% from $109M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new MLPB positions and 4 closed out — a net gain of 1 holder — while 6 added to existing stakes and 11 trimmed.
The largest buyer was IMC Chicago, adding an estimated $1.71M. The largest seller was Wells Fargo, cutting an estimated $5.42M.
- 26 institutional investors held ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 (MLPB) as of Q1 2021, up from 25 in Q4 2020.
- Funds reported $123M of ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 stock for Q1 2021, up 13% quarter-over-quarter.
- 5 funds opened new ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 positions in Q1 2021 and 4 closed out, a net change of +1 holder.
- The largest ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 buyer in Q1 2021 was IMC Chicago, an estimated $1.71M added.
- The largest ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 seller in Q1 2021 was Wells Fargo, an estimated $5.42M sold.
Based on aggregated 13F filings for Q1 2021.