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 $67.4M invested in C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index in 2019 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 1 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
17% more capital invested
Capital invested by funds: $57.4M → $67.4M (+$10M)
14% more funds holding
Funds holding: 7 → 8 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$1.56M |
| 2 |
Jane Street
New York
|
+$255K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$21.5K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$7.3K |
| 5 |
FHA
First Horizon Advisors
Memphis,
Tennessee
|
+$1.71K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$45.3K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Citigroup
New York
| $66.2M | +$1.56M | +114,000 | +2% |
|
|
2
Morgan Stanley
New York
| $421K | -$45.3K | -3,309 | -10% |
|
|
MHI
3
Miller Howard Investments
Kingston,
New York
| $309K | – | – | – |
|
|
4
Jane Street
New York
| $257K | +$255K | +18,658 | New |
|
|
5
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $194K | +$21.5K | +1,570 | +13% |
|
|
6
UBS Group
Zurich,
Switzerland
| $60K | +$7.3K | +534 | +14% |
|
|
FHA
7
First Horizon Advisors
Memphis,
Tennessee
| $2K | +$1.71K | +125 | New |
|
|
8
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -94 | Closed |
|
MLPC Hedge Fund Activity: Q1 2019 in Review
8 of the 4,621 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 Q1 2019, worth a combined $67.4M — up 17% from $57.4M 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 1 trimmed.
The largest buyer was Citigroup, adding an estimated $1.56M. The largest seller was Morgan Stanley, cutting an estimated $45.3K.
- 8 institutional investors held C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index (MLPC) as of Q1 2019, up from 7 in Q4 2018.
- Funds reported $67.4M of C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index stock for Q1 2019, up 17% quarter-over-quarter.
- 2 funds opened new C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index positions in Q1 2019 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 Q1 2019 was Citigroup, an estimated $1.56M added.
- The largest C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index seller in Q1 2019 was Morgan Stanley, an estimated $45.3K sold.
Based on aggregated 13F filings for Q1 2019.