UBS E-TRACS Alerian MLP Infrastructure ETN
MLPI
MLPI was delisted on the 23rd of November, 2020.
110 hedge funds and large institutions have $1.22B invested in UBS E-TRACS Alerian MLP Infrastructure ETN in 2018 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 34 increasing their positions, 40 reducing their positions, and 34 closing their positions.
15% less repeat investments, than reductions
Existing positions increased: 34 | Existing positions reduced: 40
15% less funds holding
Funds holding: 130 → 110 (-20)
17% less capital invested
Capital invested by funds: $1.46B → $1.22B (-$247M)
20% less funds holding in top 10
Funds holding in top 10: 10 → 8 (-2)
59% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 34
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
Aspiriant LLC
Los Angeles,
California
|
+$62.3M |
| 2 |
Wells Fargo
San Francisco,
California
|
+$24.2M |
| 3 |
BJL
Brighton Jones LLC
Seattle,
Washington
|
+$12.2M |
| 4 |
Morgan Stanley
New York
|
+$11.6M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$7.04M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$95M |
| 2 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$56.9M |
| 3 |
VF
Virtu Financial
New York
|
-$12.6M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$10.2M |
| 5 |
Jane Street
New York
|
-$9.08M |
MLPI Hedge Fund Activity: Q1 2018 in Review
110 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in UBS E-TRACS Alerian MLP Infrastructure ETN (MLPI) for Q1 2018, worth a combined $1.22B — down 17% from $1.46B a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of MLPI and 14 opened new positions — a net loss of 20 holders — while 40 trimmed existing stakes and 34 added.
The largest buyer was Aspiriant LLC, adding an estimated $62.3M. The largest seller was Bank of America, exiting entirely with an estimated $95M sold.
- 110 institutional investors held UBS E-TRACS Alerian MLP Infrastructure ETN (MLPI) as of Q1 2018, down from 130 in Q4 2017.
- Funds reported $1.22B of UBS E-TRACS Alerian MLP Infrastructure ETN stock for Q1 2018, down 17% quarter-over-quarter.
- 14 funds opened new UBS E-TRACS Alerian MLP Infrastructure ETN positions in Q1 2018 and 34 closed out, a net change of -20 holders.
- The largest UBS E-TRACS Alerian MLP Infrastructure ETN buyer in Q1 2018 was Aspiriant LLC, an estimated $62.3M added.
- The largest UBS E-TRACS Alerian MLP Infrastructure ETN seller in Q1 2018 was Bank of America, an estimated $95M sold.
Based on aggregated 13F filings for Q1 2018.