UBS E-TRACS Alerian MLP Infrastructure ETN
MLPI
MLPI was delisted on the 23rd of November, 2020.
70 hedge funds and large institutions have $111M invested in UBS E-TRACS Alerian MLP Infrastructure ETN in 2020 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 31 reducing their positions, and 22 closing their positions.
20% less funds holding
Funds holding: 88 → 70 (-18)
55% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 31
59% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 22
81% less capital invested
Capital invested by funds: $573M → $111M (-$462M)
100% less funds holding in top 10
Funds holding in top 10: 3 → 0 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.44M |
| 2 |
MCM
MAI Capital Management
Independence,
Ohio
|
+$4.21M |
| 3 |
HT
HAP Trading
New York
|
+$3.03M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.85M |
| 5 |
HW
Hancock Whitney
Gulfport,
Mississippi
|
+$634K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
-$57.7M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
-$33.9M |
| 3 |
PFO
Pathstone Family Office
Englewood,
New Jersey
|
-$19.7M |
| 4 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$18.4M |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
-$17.1M |
MLPI Hedge Fund Activity: Q1 2020 in Review
70 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in UBS E-TRACS Alerian MLP Infrastructure ETN (MLPI) for Q1 2020, worth a combined $111M — down 81% from $573M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of MLPI and 9 opened new positions — a net loss of 13 holders — while 31 trimmed existing stakes and 14 added.
The largest buyer was Susquehanna International Group, adding an estimated $5.44M. The largest seller was Wells Fargo, cutting an estimated $57.7M.
- 70 institutional investors held UBS E-TRACS Alerian MLP Infrastructure ETN (MLPI) as of Q1 2020, down from 88 in Q4 2019.
- Funds reported $111M of UBS E-TRACS Alerian MLP Infrastructure ETN stock for Q1 2020, down 81% quarter-over-quarter.
- 9 funds opened new UBS E-TRACS Alerian MLP Infrastructure ETN positions in Q1 2020 and 22 closed out, a net change of -13 holders.
- The largest UBS E-TRACS Alerian MLP Infrastructure ETN buyer in Q1 2020 was Susquehanna International Group, an estimated $5.44M added.
- The largest UBS E-TRACS Alerian MLP Infrastructure ETN seller in Q1 2020 was Wells Fargo, an estimated $57.7M sold.
Based on aggregated 13F filings for Q1 2020.