ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040
MLPB
26 hedge funds and large institutions have $170M invested in ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 in 2024 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
20% more capital invested
Capital invested by funds: $141M → $170M (+$28.8M)
8% more funds holding
Funds holding: 24 → 26 (+2)
4.3% more ownership
Funds ownership: 64.74% → 69.03% (+4.3%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$10.6M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
+$1.17M |
| 3 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$651K |
| 4 |
KAS
Kestra Advisory Services
Austin,
Texas
|
+$206K |
| 5 |
ES
ETF Store
Overland Park,
Kansas
|
+$204K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$2.1M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$267K |
| 3 |
Morgan Stanley
New York
|
-$221K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$125K |
| 5 |
NC
NBW Capital
Boston,
Massachusetts
|
-$78.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CWM
26
Cranbrook Wealth Management
Bloomfield Hills,
Michigan
| $11.6K | -$21.7K | -960 | -67% |
|
27
Bank of America
Charlotte,
North Carolina
| $8.42K | – | – | – |
|
|
HNB
28
Huntington National Bank
Columbus,
Ohio
| $24 | – | – | – |
|
|
29
Citadel Advisors
Miami,
Florida
| – | -$267K | -12,491 | Closed |
|
MLPB Hedge Fund Activity: Q1 2024 in Review
26 of the 6,942 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 2024, worth a combined $170M — up 20% from $141M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new MLPB positions and 1 closed out — a net gain of 2 holders — while 7 added to existing stakes and 10 trimmed.
The largest buyer was CIBC Private Wealth Group, adding an estimated $10.6M. The largest seller was Wells Fargo, cutting an estimated $2.1M.
- 26 institutional investors held ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 (MLPB) as of Q1 2024, up from 24 in Q4 2023.
- Funds reported $170M of ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 stock for Q1 2024, up 20% quarter-over-quarter.
- 3 funds opened new ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 positions in Q1 2024 and 1 closed out, a net change of +2 holders.
- The largest ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 buyer in Q1 2024 was CIBC Private Wealth Group, an estimated $10.6M added.
- The largest ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 seller in Q1 2024 was Wells Fargo, an estimated $2.1M sold.
Based on aggregated 13F filings for Q1 2024.