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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 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.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 2

14% more funds holding

Funds holding: 2225 (+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)

Holders
25
Holders Change
+3
Holders Change %
+13.64%
% 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
7
Reduced
8
Closed
2
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Wells Fargo
1
Wells Fargo
California
$39.1M -$6.71M -433,876 -15%
CIBC Private Wealth Group
2
CIBC Private Wealth Group
Georgia
$35.7M -$13.6M -878,125 -28%
Fifth Third Bancorp
3
Fifth Third Bancorp
Ohio
$8.88M -$2.15M -139,246 -20%
NC
4
NBW Capital
Massachusetts
$5.13M -$770K -49,787 -13%
MCM
5
MAI Capital Management
Ohio
$4.6M -$173K -11,178 -4%
IMC Chicago
6
IMC Chicago
Illinois
$3.58M -$838K -54,208 -19%
PNC Financial Services Group
7
PNC Financial Services Group
Pennsylvania
$2.94M +$74.6K +4,822 +3%
Citadel Advisors
8
Citadel Advisors
Florida
$1.59M +$66.4K +4,295 +4%
MW
9
MBL Wealth
North Carolina
$1.5M +$1.5M +96,745 New
DT
10
Diversified Trust
Tennessee
$1.01M -$2.09K -135 -0.2%
HT
11
HAP Trading
New York
$842K +$504K +32,559 +151%
QCG
12
Quadrant Capital Group
Ohio
$775K
Susquehanna International Group
13
Susquehanna International Group
Pennsylvania
$626K +$116K +7,526 +23%
BRWA
14
B. Riley Wealth Advisors
Florida
$436K -$773 -50 -0.2%
Jane Street
15
Jane Street
New York
$404K +$99.4K +6,425 +33%
SFG
16
Sather Financial Group
Texas
$388K +$387K +24,990 New
SAM
17
Selway Asset Management
$359K
Wolverine Trading
18
Wolverine Trading
Illinois
$320K +$316K +20,410 New
Neuberger Berman Group
19
Neuberger Berman Group
New York
$233K
LPL Financial
20
LPL Financial
California
$217K +$9.81K +634 +5%
Morgan Stanley
21
Morgan Stanley
New York
$175K +$174K +11,250 New
CWM
22
Cranbrook Wealth Management
Michigan
$30K
UBS Group
23
UBS Group
Switzerland
$28K +$24.9K +1,608 +919%
Royal Bank of Canada
24
Royal Bank of Canada
Ontario, Canada
$21K
FMII
25
Farmers & Merchants Investments Inc
Nebraska
$16K +$15.5K +1,000 New

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.