UBS E-TRACS Alerian MLP Infrastructure ETN
MLPI
MLPI was delisted on the 23rd of November, 2020.
90 hedge funds and large institutions have $829M invested in UBS E-TRACS Alerian MLP Infrastructure ETN in 2019 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 21 increasing their positions, 32 reducing their positions, and 10 closing their positions.
50% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 10
3% more funds holding
Funds holding: 87 → 90 (+3)
14% less capital invested
Capital invested by funds: $964M → $829M (-$135M)
20% less funds holding in top 10
Funds holding in top 10: 5 → 4 (-1)
34% less repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 32
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$6.78M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$4.34M |
| 3 |
American Century Companies
Kansas City,
Missouri
|
+$2.99M |
| 4 |
EGA
Eagle Global Advisors
Houston,
Texas
|
+$2.71M |
| 5 |
S
SignatureFD
Atlanta,
Georgia
|
+$2.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AL
Aspiriant LLC
Los Angeles,
California
|
-$40M |
| 2 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$15.7M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$15.4M |
| 4 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$7.35M |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
-$4.76M |
MLPI Hedge Fund Activity: Q3 2019 in Review
90 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in UBS E-TRACS Alerian MLP Infrastructure ETN (MLPI) for Q3 2019, worth a combined $829M — down 14% from $964M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new MLPI positions and 10 closed out — a net gain of 5 holders — while 21 added to existing stakes and 32 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $6.78M. The largest seller was Aspiriant LLC, cutting an estimated $40M.
- 90 institutional investors held UBS E-TRACS Alerian MLP Infrastructure ETN (MLPI) as of Q3 2019, up from 87 in Q2 2019.
- Funds reported $829M of UBS E-TRACS Alerian MLP Infrastructure ETN stock for Q3 2019, down 14% quarter-over-quarter.
- 15 funds opened new UBS E-TRACS Alerian MLP Infrastructure ETN positions in Q3 2019 and 10 closed out, a net change of +5 holders.
- The largest UBS E-TRACS Alerian MLP Infrastructure ETN buyer in Q3 2019 was Citadel Advisors, an estimated $6.78M added.
- The largest UBS E-TRACS Alerian MLP Infrastructure ETN seller in Q3 2019 was Aspiriant LLC, an estimated $40M sold.
Based on aggregated 13F filings for Q3 2019.