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

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.

New
Increased
Maintained
Reduced
Closed

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: 2526 (+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

Holders
26
Holders Change
+1
Holders Change %
+4%
% of All Funds
0.46%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
6
Reduced
11
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
CIBC Private Wealth Group
1
CIBC Private Wealth Group
Georgia
$45.6M -$366K -27,208 -0.8%
Wells Fargo
2
Wells Fargo
California
$43.7M -$5.42M -402,864 -12%
Fifth Third Bancorp
3
Fifth Third Bancorp
Ohio
$10.4M +$100K +7,440 +1%
NC
4
NBW Capital
Massachusetts
$7.04M -$1.02M -75,869 -13%
MCM
5
MAI Capital Management
Ohio
$4.58M -$114K -8,441 -3%
PNC Financial Services Group
6
PNC Financial Services Group
Pennsylvania
$2.57M -$335K -24,905 -12%
IMC Chicago
7
IMC Chicago
Illinois
$2.21M +$1.71M +127,409 +436%
Wolverine Trading
8
Wolverine Trading
Illinois
$1.18M -$1.69M -125,714 -60%
DT
9
Diversified Trust
Tennessee
$944K -$15.3K -1,138 -2%
Susquehanna International Group
10
Susquehanna International Group
Pennsylvania
$869K +$145K +10,802 +21%
QCG
11
Quadrant Capital Group
Ohio
$706K
Citadel Advisors
12
Citadel Advisors
Florida
$622K +$44.4K +3,297 +8%
HT
13
HAP Trading
New York
$585K +$557K +41,381 New
BRWA
14
B. Riley Wealth Advisors
Florida
$398K -$7.74K -575 -2%
SAM
15
Selway Asset Management
$355K
MW
16
MBL Wealth
North Carolina
$228K +$217K +16,125 New
Neuberger Berman Group
17
Neuberger Berman Group
New York
$212K -$202K -15,000 -50%
LPL Financial
18
LPL Financial
California
$191K +$36K +2,675 +25%
CPIG
19
Chicago Partners Investment Group
Illinois
$174K -$22.8K -1,694 -13%
Stifel Financial
20
Stifel Financial
Missouri
$160K
EAM
21
Evanson Asset Management
California
$146K +$139K +10,308 New
CWM
22
Cranbrook Wealth Management
Michigan
$36K +$34.4K +2,559 New
TFA
23
Transamerica Financial Advisors
Florida
$29K -$13.5K -1,004 -33%
Osaic Holdings
24
Osaic Holdings
Arizona
$8K +$135 +10 +2%
Royal Bank of Canada
25
Royal Bank of Canada
Ontario, Canada
$5K +$4.71K +350 New

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.