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

24 hedge funds and large institutions have $167M invested in ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 in 2024 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

1% less capital invested

Capital invested by funds: $170M → $167M (-$2.48M)

2.6% less ownership

Funds ownership: 69.03%66.44% (-2.6%)

8% less funds holding

Funds holding: 2624 (-2)

14% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 7

50% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 4

Holders
24
Holders Change
-2
Holders Change %
-7.69%
% 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
2
Increased
6
Reduced
7
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
$82.1M +$1.63M +68,417 +2%
Wells Fargo
2
Wells Fargo
California
$55.1M -$1.77M -74,512 -3%
MWM
3
Marion Wealth Management
Pennsylvania
$14M +$141K +5,916 +1%
PNC Financial Services Group
4
PNC Financial Services Group
Pennsylvania
$4.68M -$2K -84 -0%
MCM
5
MAI Capital Management
Ohio
$2.66M +$238 +10 +0%
MW
6
MBL Wealth
North Carolina
$1.41M +$55.2K +2,325 +4%
Susquehanna International Group
7
Susquehanna International Group
Pennsylvania
$1.33M +$986K +41,498 +326%
IMC Chicago
8
IMC Chicago
Illinois
$915K -$906K -38,119 -51%
FFA
9
Farther Finance Advisors
California
$871K -$134K -5,656 -14%
SAM
10
Selway Asset Management
$636K
Cerity Partners
11
Cerity Partners
New York
$603K
DT
12
Diversified Trust
Tennessee
$553K -$124K -5,226 -19%
Fifth Third Bancorp
13
Fifth Third Bancorp
Ohio
$431K -$48.1K -2,023 -10%
LPL Financial
14
LPL Financial
California
$428K
Neuberger Berman Group
15
Neuberger Berman Group
New York
$379K
KAS
16
Kestra Advisory Services
Texas
$268K +$41.1K +1,728 +19%
Morgan Stanley
17
Morgan Stanley
New York
$241K
FNBT
18
FineMark National Bank & Trust
Florida
$233K
ES
19
ETF Store
Kansas
$223K
FHA
20
First Horizon Advisors
Tennessee
$148K -$6.06K -255 -4%
JP Morgan Chase
21
JP Morgan Chase
New York
$108K +$104K +4,396 New
PTC
22
Private Trust Company
Ohio
$44.3K
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
$34K
Jones Financial Companies
24
Jones Financial Companies
Missouri
$19.5K +$18.9K +794 New
Bank of America
25
Bank of America
North Carolina
$8.84K

MLPB Hedge Fund Activity: Q2 2024 in Review

24 of the 6,924 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 Q2 2024, worth a combined $167M — down 1.5% from $170M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of MLPB and 2 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 6 added.

The largest buyer was CIBC Private Wealth Group, adding an estimated $1.63M. The largest seller was NBW Capital, exiting entirely with an estimated $5.64M sold.

  • 24 institutional investors held ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 (MLPB) as of Q2 2024, down from 26 in Q1 2024.
  • Funds reported $167M of ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 stock for Q2 2024, down 1.5% quarter-over-quarter.
  • 2 funds opened new ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 positions in Q2 2024 and 4 closed out, a net change of -2 holders.
  • The largest ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 buyer in Q2 2024 was CIBC Private Wealth Group, an estimated $1.63M added.
  • The largest ETRACS Alerian MLP Infrastructure Index ETN Series B due Apr 2 2040 seller in Q2 2024 was NBW Capital, an estimated $5.64M sold.

Based on aggregated 13F filings for Q2 2024.