C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index
MLPC
MLPC was delisted on the 30th of October, 2020.
8 hedge funds and large institutions have $56M invested in C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index in 2015 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
14% more funds holding
Funds holding: 7 → 8 (+1)
13% less capital invested
Capital invested by funds: $64.5M → $56M (-$8.45M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
+$20.8M |
| 2 |
MHI
Miller Howard Investments
Kingston,
New York
|
+$1.46M |
| 3 |
Jane Street
New York
|
+$1.05M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$607K |
| 5 |
LPL Financial
San Diego,
California
|
+$254K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$10.7M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$619K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$13K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Citigroup
New York
| $34.5M | -$10.7M | -545,000 | -20% |
|
|
2
HighTower Advisors
Chicago,
Illinois
| $16.6M | +$20.8M | +1,053,006 | New |
|
|
MHI
3
Miller Howard Investments
Kingston,
New York
| $1.8M | +$1.46M | +73,938 | +185% |
|
|
4
Jane Street
New York
| $1.53M | +$1.05M | +53,456 | +123% |
|
|
5
Royal Bank of Canada
Toronto,
Ontario, Canada
| $1.06M | +$607K | +30,777 | +85% |
|
|
6
LPL Financial
San Diego,
California
| $226K | +$254K | +12,900 | New |
|
|
7
UBS Group
Zurich,
Switzerland
| $210K | -$619K | -31,411 | -70% |
|
|
8
Wells Fargo
San Francisco,
California
| – | -$13K | -599 | Closed |
|
MLPC Hedge Fund Activity: Q3 2015 in Review
8 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index (MLPC) for Q3 2015, worth a combined $56M — down 13% from $64.5M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new MLPC positions and 1 closed out — a net gain of 1 holder — while 3 added to existing stakes and 2 trimmed.
The largest buyer was HighTower Advisors, opening a new position worth an estimated $20.8M. The largest seller was Citigroup, cutting an estimated $10.7M.
- 8 institutional investors held C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index (MLPC) as of Q3 2015, up from 7 in Q2 2015.
- Funds reported $56M of C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index stock for Q3 2015, down 13% quarter-over-quarter.
- 2 funds opened new C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index positions in Q3 2015 and 1 closed out, a net change of +1 holder.
- The largest C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index buyer in Q3 2015 was HighTower Advisors, an estimated $20.8M added.
- The largest C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index seller in Q3 2015 was Citigroup, an estimated $10.7M sold.
Based on aggregated 13F filings for Q3 2015.