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ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040

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.

New
Increased
Maintained
Reduced
Closed

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: 2825 (-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

Holders
25
Holders Change
-3
Holders Change %
-10.71%
% of All Funds
0.44%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
3
Reduced
15
Closed
8
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$41.5M -$9.55M -862,465 -20%
CIBC Private Wealth Group
2
CIBC Private Wealth Group
Georgia
$38.6M +$2.38M +215,323 +7%
Fifth Third Bancorp
3
Fifth Third Bancorp
Ohio
$8.64M -$825K -74,456 -9%
NC
4
NBW Capital
Massachusetts
$6.81M -$507K -45,773 -7%
MCM
5
MAI Capital Management
Ohio
$3.94M -$288K -25,977 -7%
Wolverine Trading
6
Wolverine Trading
Illinois
$2.49M +$1.34M +120,548 +134%
PNC Financial Services Group
7
PNC Financial Services Group
Pennsylvania
$2.45M -$722K -65,169 -24%
DT
8
Diversified Trust
Tennessee
$806K -$90.3K -8,152 -11%
Susquehanna International Group
9
Susquehanna International Group
Pennsylvania
$601K -$404K -36,496 -42%
QCG
10
Quadrant Capital Group
Ohio
$592K
Citadel Advisors
11
Citadel Advisors
Florida
$483K -$3.23M -291,231 -88%
Neuberger Berman Group
12
Neuberger Berman Group
New York
$356K +$166K +15,000 +100%
IMC Chicago
13
IMC Chicago
Illinois
$347K +$324K +29,253 New
BRWA
14
B. Riley Wealth Advisors
Florida
$341K -$401K -36,192 -56%
SAM
15
Selway Asset Management
$298K -$9.41K -850 -3%
KAS
16
Kestra Advisory Services
Texas
$224K +$209K +18,902 New
CPIG
17
Chicago Partners Investment Group
Illinois
$171K -$30.2K -2,725 -17%
Stifel Financial
18
Stifel Financial
Missouri
$135K -$32.3K -2,916 -20%
LPL Financial
19
LPL Financial
California
$128K -$10.2K -920 -8%
WT
20
Washington Trust
Rhode Island
$85K +$79K +7,130 New
MA
21
MUFG Americas
New York
$55K +$51K +4,600 New
TFA
22
Transamerica Financial Advisors
Florida
$37K -$18K -1,621 -35%
Osaic Holdings
23
Osaic Holdings
Arizona
$6K -$5.5K -497 -48%
UBS Group
24
UBS Group
Switzerland
$2K
Bank of America
25
Bank of America
North Carolina
$1K

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.