ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040
MLPB
22 hedge funds and large institutions have $138M invested in ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 in 2023 Q2 according to their latest regulatory filings, with 0 funds opening new positions, 4 increasing their positions, 10 reducing their positions, and 3 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.47% less ownership
Funds ownership: 68.65% → 68.18% (-0.47%)
12% less funds holding
Funds holding: 25 → 22 (-3)
35% less capital invested
Capital invested by funds: $213M → $138M (-$74.5M)
60% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 10
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MWM
Marion Wealth Management
Monroeville,
Pennsylvania
|
+$361K |
| 2 |
NC
NBW Capital
Boston,
Massachusetts
|
+$206K |
| 3 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
+$33.3K |
| 4 |
MW
MBL Wealth
Charlotte,
North Carolina
|
+$24.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$19.2M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.2M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.71M |
| 4 |
Wells Fargo
San Francisco,
California
|
-$1.65M |
| 5 |
IMC Chicago
Chicago,
Illinois
|
-$1.23M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Wolverine Trading
Chicago,
Illinois
| – | -$893K | -47,062 | Closed |
|
27
Jane Street
New York
| – | -$508K | -26,633 | Closed |
|
MLPB Hedge Fund Activity: Q2 2023 in Review
22 of the 6,369 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 2023, worth a combined $138M — down 35% from $213M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of MLPB and 0 opened new positions — a net loss of 3 holders — while 10 trimmed existing stakes and 4 added.
The largest buyer was Marion Wealth Management, adding an estimated $361K. The largest seller was Fifth Third Bancorp, cutting an estimated $19.2M.
- 22 institutional investors held ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 (MLPB) as of Q2 2023, down from 25 in Q1 2023.
- Funds reported $138M of ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 stock for Q2 2023, down 35% quarter-over-quarter.
- 0 funds opened new ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 positions in Q2 2023 and 3 closed out, a net change of -3 holders.
- The largest ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 buyer in Q2 2023 was Marion Wealth Management, an estimated $361K added.
- The largest ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 seller in Q2 2023 was Fifth Third Bancorp, an estimated $19.2M sold.
Based on aggregated 13F filings for Q2 2023.