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 2021 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
14% more funds holding
Funds holding: 22 → 25 (+3)
9.3% less ownership
Funds ownership: 63.64% → 54.34% (-9.3%)
13% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 8
23% less capital invested
Capital invested by funds: $142M → $109M (-$33.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HT
HAP Trading
New York
|
+$504K |
| 2 |
SFG
Sather Financial Group
Victoria,
Texas
|
+$387K |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
+$316K |
| 4 |
Morgan Stanley
New York
|
+$174K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$116K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$13.6M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$6.71M |
| 3 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$2.15M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
-$838K |
| 5 |
NC
NBW Capital
Boston,
Massachusetts
|
-$770K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $4K | – | – | – |
|
|
SCA
27
Spearhead Capital Advisors
Wellington,
Florida
| – | -$590K | -34,899 | Closed |
|
|
TFA
28
Transamerica Financial Advisors
St. Petersburg,
Florida
| – | -$32K | -1,847 | Closed |
|
MLPB Hedge Fund Activity: Q3 2021 in Review
25 of the 5,712 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 2021, worth a combined $109M — down 23% from $142M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new MLPB positions and 2 closed out — a net gain of 3 holders — while 7 added to existing stakes and 8 trimmed.
The largest buyer was HAP Trading, adding an estimated $504K. The largest seller was CIBC Private Wealth Group, cutting an estimated $13.6M.
- 25 institutional investors held ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 (MLPB) as of Q3 2021, up from 22 in Q2 2021.
- Funds reported $109M of ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 stock for Q3 2021, down 23% quarter-over-quarter.
- 5 funds opened new ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 positions in Q3 2021 and 2 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 2021 was HAP Trading, an estimated $504K added.
- The largest ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 seller in Q3 2021 was CIBC Private Wealth Group, an estimated $13.6M sold.
Based on aggregated 13F filings for Q3 2021.