UBS E-TRACS Alerian MLP Infrastructure ETN
MLPI
MLPI was delisted on the 23rd of November, 2020.
87 hedge funds and large institutions have $964M invested in UBS E-TRACS Alerian MLP Infrastructure ETN in 2019 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 32 increasing their positions, 31 reducing their positions, and 12 closing their positions.
3% more repeat investments, than reductions
Existing positions increased: 32 | Existing positions reduced: 31
4% less capital invested
Capital invested by funds: $1B → $964M (-$40.1M)
4% less funds holding
Funds holding: 91 → 87 (-4)
17% less funds holding in top 10
Funds holding in top 10: 6 → 5 (-1)
25% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$17.1M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$4.21M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.11M |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$3.1M |
| 5 |
PFO
Pathstone Family Office
Englewood,
New Jersey
|
+$2.26M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CAG
Crestwood Advisors Group
Boston,
Massachusetts
|
-$9.3M |
| 2 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$5.17M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$4.83M |
| 4 |
DT
Diversified Trust
Memphis,
Tennessee
|
-$3.89M |
| 5 |
AL
Aspiriant LLC
Los Angeles,
California
|
-$3.31M |
MLPI Hedge Fund Activity: Q2 2019 in Review
87 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in UBS E-TRACS Alerian MLP Infrastructure ETN (MLPI) for Q2 2019, worth a combined $964M — down 4% from $1B a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of MLPI and 9 opened new positions — a net loss of 3 holders — while 31 trimmed existing stakes and 32 added.
The largest buyer was Wells Fargo, adding an estimated $17.1M. The largest seller was Crestwood Advisors Group, exiting entirely with an estimated $9.3M sold.
- 87 institutional investors held UBS E-TRACS Alerian MLP Infrastructure ETN (MLPI) as of Q2 2019, down from 91 in Q1 2019.
- Funds reported $964M of UBS E-TRACS Alerian MLP Infrastructure ETN stock for Q2 2019, down 4% quarter-over-quarter.
- 9 funds opened new UBS E-TRACS Alerian MLP Infrastructure ETN positions in Q2 2019 and 12 closed out, a net change of -3 holders.
- The largest UBS E-TRACS Alerian MLP Infrastructure ETN buyer in Q2 2019 was Wells Fargo, an estimated $17.1M added.
- The largest UBS E-TRACS Alerian MLP Infrastructure ETN seller in Q2 2019 was Crestwood Advisors Group, an estimated $9.3M sold.
Based on aggregated 13F filings for Q2 2019.