C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index
MLPC
MLPC was delisted on the 30th of October, 2020.
7 hedge funds and large institutions have $28.5M invested in C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index in 2016 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 4 closing their positions.
6% more capital invested
Capital invested by funds: $26.8M → $28.5M (+$1.68M)
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
30% less funds holding
Funds holding: 10 → 7 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$2.61M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$89.9K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$15.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$868K |
| 2 |
Jane Street
New York
|
-$689K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$74K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$37K |
| 5 |
JP Morgan Chase
New York
|
-$8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Citigroup
New York
| $26M | +$2.61M | +163,200 | +12% |
|
|
2
Morgan Stanley
New York
| $1.44M | -$868K | -54,247 | -39% |
|
|
MHI
3
Miller Howard Investments
Kingston,
New York
| $468K | – | – | – |
|
|
VKH
4
Virtu KCG Holdings
New York
| $385K | +$15.3K | +954 | +4% |
|
|
5
Bank of America
Charlotte,
North Carolina
| $94K | +$89.9K | +5,615 | New |
|
|
6
UBS Group
Zurich,
Switzerland
| $34K | -$37K | -2,313 | -53% |
|
|
7
Jane Street
New York
| – | -$689K | -42,174 | Closed |
|
|
8
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$74K | -4,532 | Closed |
|
|
9
JP Morgan Chase
New York
| – | -$8K | -485 | Closed |
|
|
TRCT
10
Tower Research Capital (TRC)
New York
| – | -$1K | -40 | Closed |
|
MLPC Hedge Fund Activity: Q4 2016 in Review
7 of the 4,001 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 Q4 2016, worth a combined $28.5M — up 6.3% from $26.8M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of MLPC and 1 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 2 added.
The largest buyer was Citigroup, adding an estimated $2.61M. The largest seller was Morgan Stanley, cutting an estimated $868K.
- 7 institutional investors held C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index (MLPC) as of Q4 2016, down from 10 in Q3 2016.
- Funds reported $28.5M of C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index stock for Q4 2016, up 6.3% quarter-over-quarter.
- 1 fund opened new C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index positions in Q4 2016 and 4 closed out, a net change of -3 holders.
- The largest C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index buyer in Q4 2016 was Citigroup, an estimated $2.61M added.
- The largest C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index seller in Q4 2016 was Morgan Stanley, an estimated $868K sold.
Based on aggregated 13F filings for Q4 2016.