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 $19.4M invested in C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index in 2019 Q4 according to their latest regulatory filings, with 1 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
0% more funds holding
Funds holding: 7 → 7 (0)
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
70% less capital invested
Capital invested by funds: $64.4M → $19.4M (-$44.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$127K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$15.8K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$3.64K |
| 4 |
Wells Fargo
San Francisco,
California
|
+$12 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$41.9M |
| 2 |
Jane Street
New York
|
-$432K |
| 3 |
Morgan Stanley
New York
|
-$27K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Citigroup
New York
| $18.3M | -$41.9M | -3,451,220 | -70% |
|
|
2
Morgan Stanley
New York
| $289K | -$27K | -2,225 | -9% |
|
|
3
Citadel Advisors
Miami,
Florida
| $267K | +$127K | +10,504 | +95% |
|
|
MHI
4
Miller Howard Investments
Kingston,
New York
| $254K | – | – | – |
|
|
5
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $237K | +$15.8K | +1,303 | +7% |
|
|
6
UBS Group
Zurich,
Switzerland
| $38K | +$3.64K | +300 | +11% |
|
|
7
Jane Street
New York
| – | -$432K | -33,860 | Closed |
|
|
8
Wells Fargo
San Francisco,
California
| – | +$12 | +1 | New |
|
MLPC Hedge Fund Activity: Q4 2019 in Review
7 of the 5,076 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 2019, worth a combined $19.4M — down 70% from $64.4M a quarter earlier.
Fund positioning in MLPC was balanced in Q4 2019: 1 fund opened new positions, 1 closed out, 3 added to existing stakes and 2 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $127K. The largest seller was Citigroup, cutting an estimated $41.9M.
- 7 institutional investors held C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index (MLPC) as of Q4 2019, unchanged from Q3 2019.
- Funds reported $19.4M of C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index stock for Q4 2019, down 70% quarter-over-quarter.
- 1 fund opened new C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index positions in Q4 2019 and 1 closed out, a net change of 0 holders.
- The largest C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index buyer in Q4 2019 was Citadel Advisors, an estimated $127K added.
- The largest C-Tracks ETNs based on Performance of the Miller/Howard MLP Fundamental Index seller in Q4 2019 was Citigroup, an estimated $41.9M sold.
Based on aggregated 13F filings for Q4 2019.