C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index
MLPC
MLPC was delisted on the 30th of October, 2020.
6 hedge funds and large institutions have $50.7M invested in C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index in 2017 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 1 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
18% more capital invested
Capital invested by funds: $43.1M → $50.7M (+$7.57M)
14% less funds holding
Funds holding: 7 → 6 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$10.1M |
| 2 |
Jane Street
New York
|
+$61.5K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$10.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$455K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$159K |
| 3 |
MHI
Miller Howard Investments
Kingston,
New York
|
-$12.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Citigroup
New York
| $48.2M | +$10.1M | +661,100 | +26% |
|
|
2
Morgan Stanley
New York
| $1.58M | -$455K | -29,833 | -22% |
|
|
MHI
3
Miller Howard Investments
Kingston,
New York
| $440K | -$12.6K | -825 | -3% |
|
|
4
Jane Street
New York
| $423K | +$61.5K | +4,032 | +17% |
|
|
5
UBS Group
Zurich,
Switzerland
| $69K | +$10.8K | +708 | +19% |
|
|
6
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$159K | -10,000 | Closed |
|
MLPC Hedge Fund Activity: Q4 2017 in Review
6 of the 4,410 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 2017, worth a combined $50.7M — up 18% from $43.1M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of MLPC and 0 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 3 added.
The largest buyer was Citigroup, adding an estimated $10.1M. The largest seller was Morgan Stanley, cutting an estimated $455K.
- 6 institutional investors held C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index (MLPC) as of Q4 2017, down from 7 in Q3 2017.
- Funds reported $50.7M of C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index stock for Q4 2017, up 18% quarter-over-quarter.
- 0 funds opened new C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index positions in Q4 2017 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 Q4 2017 was Citigroup, an estimated $10.1M added.
- The largest C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index seller in Q4 2017 was Morgan Stanley, an estimated $455K sold.
Based on aggregated 13F filings for Q4 2017.