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

25 hedge funds and large institutions have $213M invested in ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 7 increasing their positions, 8 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

48% more capital invested

Capital invested by funds: $144M → $213M (+$68.7M)

1.18% more ownership

Funds ownership: 67.47%68.65% (+1.2%)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

4% less funds holding

Funds holding: 2625 (-1)

13% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 8

25% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 4

Holders
25
Holders Change
-1
Holders Change %
-3.85%
% of All Funds
0.4%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
3
Increased
7
Reduced
8
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
$107M -$2.75M -142,751 -5%
Wells Fargo
2
Wells Fargo
California
$50.6M +$177K +9,191 +0.3%
Fifth Third Bancorp
3
Fifth Third Bancorp
Ohio
$19.5M -$1.23M -64,072 -6%
MWM
4
Marion Wealth Management
Pennsylvania
$10.4M +$463K +24,038 +5%
NC
5
NBW Capital
Massachusetts
$4.55M -$271K -14,071 -6%
PNC Financial Services Group
6
PNC Financial Services Group
Pennsylvania
$3.33M -$164K -8,540 -5%
MCM
7
MAI Capital Management
Ohio
$3.04M -$351K -18,245 -10%
Susquehanna International Group
8
Susquehanna International Group
Pennsylvania
$2.67M +$2.69M +139,849 New
IMC Chicago
9
IMC Chicago
Illinois
$2.48M +$1.68M +87,136 +202%
Citadel Advisors
10
Citadel Advisors
Florida
$2.14M +$1.5M +78,000 +228%
MW
11
MBL Wealth
North Carolina
$1.05M -$362K -18,798 -25%
QCG
12
Quadrant Capital Group
Ohio
$917K +$316K +16,404 +52%
Wolverine Trading
13
Wolverine Trading
Illinois
$893K +$906K +47,062 New
BRWA
14
B. Riley Wealth Advisors
Florida
$518K -$3.08K -160 -0.6%
Jane Street
15
Jane Street
New York
$508K +$513K +26,633 New
SAM
16
Selway Asset Management
$507K
DT
17
Diversified Trust
Tennessee
$502K -$43.9K -2,280 -8%
Cerity Partners
18
Cerity Partners
New York
$467K
LPL Financial
19
LPL Financial
California
$331K +$16.3K +847 +5%
Neuberger Berman Group
20
Neuberger Berman Group
New York
$294K
FHA
21
First Horizon Advisors
Tennessee
$188K
Morgan Stanley
22
Morgan Stanley
New York
$164K
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$91K +$65.6K +3,406 +249%
PTC
24
Private Trust Company
Ohio
$34.3K
CWM
25
Cranbrook Wealth Management
Michigan
$27.5K

MLPB Hedge Fund Activity: Q1 2023 in Review

25 of the 6,275 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 2023, worth a combined $213M — up 48% from $144M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of MLPB and 3 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 7 added.

The largest buyer was Susquehanna International Group, opening a new position worth an estimated $2.69M. The largest seller was CIBC Private Wealth Group, cutting an estimated $2.75M.

  • 25 institutional investors held ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 (MLPB) as of Q1 2023, down from 26 in Q4 2022.
  • Funds reported $213M of ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 stock for Q1 2023, up 48% quarter-over-quarter.
  • 3 funds opened new ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 positions in Q1 2023 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 2023 was Susquehanna International Group, an estimated $2.69M added.
  • The largest ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 seller in Q1 2023 was CIBC Private Wealth Group, an estimated $2.75M sold.

Based on aggregated 13F filings for Q1 2023.