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

24 hedge funds and large institutions have $141M invested in ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 in 2023 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 11 reducing their positions, and closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more funds holding

Funds holding: 2324 (+1)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

2% less capital invested

Capital invested by funds: $145M → $141M (-$3.38M)

1.96% less ownership

Funds ownership: 66.7%64.74% (-2%)

82% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 11

Holders
24
Holders Change
+1
Holders Change %
+4.35%
% of All Funds
0.35%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.01%
New
1
Increased
2
Reduced
11
Closed
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
$59.3M -$2.76M -129,933 -4%
Wells Fargo
2
Wells Fargo
California
$51.4M -$1.86M -87,446 -4%
MWM
3
Marion Wealth Management
Pennsylvania
$12M -$99.4K -4,676 -0.8%
NC
4
NBW Capital
Massachusetts
$5.07M -$61.4K -2,889 -1%
PNC Financial Services Group
5
PNC Financial Services Group
Pennsylvania
$3.45M -$88.5K -4,162 -3%
MCM
6
MAI Capital Management
Ohio
$2.32M +$213 +10 +0%
MW
7
MBL Wealth
North Carolina
$1.21M -$7.02K -330 -0.6%
FFA
8
Farther Finance Advisors
California
$928K +$923K +43,393 New
BRWA
9
B. Riley Wealth Advisors
Florida
$616K -$5.95K -280 -1%
DT
10
Diversified Trust
Tennessee
$562K
SAM
11
Selway Asset Management
$552K -$5.32K -250 -1%
Cerity Partners
12
Cerity Partners
New York
$524K
IMC Chicago
13
IMC Chicago
Illinois
$500K -$93.3K -4,389 -16%
Fifth Third Bancorp
14
Fifth Third Bancorp
Ohio
$460K
Morgan Stanley
15
Morgan Stanley
New York
$419K +$234K +11,009 +128%
Susquehanna International Group
16
Susquehanna International Group
Pennsylvania
$391K -$333K -15,664 -46%
LPL Financial
17
LPL Financial
California
$356K
Neuberger Berman Group
18
Neuberger Berman Group
New York
$329K
Citadel Advisors
19
Citadel Advisors
Florida
$267K -$93.7K -4,407 -26%
FNBT
20
FineMark National Bank & Trust
Florida
$203K
FHA
21
First Horizon Advisors
Tennessee
$134K
Royal Bank of Canada
22
Royal Bank of Canada
Ontario, Canada
$90K
PTC
23
Private Trust Company
Ohio
$38.5K
CWM
24
Cranbrook Wealth Management
Michigan
$30.8K
Bank of America
25
Bank of America
North Carolina
$5.52K

MLPB Hedge Fund Activity: Q4 2023 in Review

24 of the 6,859 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 2023, worth a combined $141M — down 2.3% from $145M a quarter earlier.

Buyers outnumbered sellers: 1 fund opened new MLPB positions and 0 closed out — a net gain of 1 holder — while 2 added to existing stakes and 11 trimmed.

The largest buyer was Farther Finance Advisors, opening a new position worth an estimated $923K. The largest seller was CIBC Private Wealth Group, cutting an estimated $2.76M.

  • 24 institutional investors held ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 (MLPB) as of Q4 2023, up from 23 in Q3 2023.
  • Funds reported $141M of ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 stock for Q4 2023, down 2.3% quarter-over-quarter.
  • 1 fund opened new ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 positions in Q4 2023 and 0 closed out, a net change of +1 holder.
  • The largest ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 buyer in Q4 2023 was Farther Finance Advisors, an estimated $923K added.
  • The largest ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 seller in Q4 2023 was CIBC Private Wealth Group, an estimated $2.76M sold.

Based on aggregated 13F filings for Q4 2023.