UBS E-TRACS Alerian MLP Infrastructure ETN
MLPI
MLPI was delisted on the 23rd of November, 2020.
88 hedge funds and large institutions have $555M invested in UBS E-TRACS Alerian MLP Infrastructure ETN in 2019 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 17 increasing their positions, 37 reducing their positions, and 18 closing their positions.
2% less funds holding
Funds holding: 90 → 88 (-2)
11% less first-time investments, than exits
New positions opened: 16 | Existing positions closed: 18
25% less funds holding in top 10
Funds holding in top 10: 4 → 3 (-1)
33% less capital invested
Capital invested by funds: $830M → $555M (-$274M)
54% less repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 37
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
+$20.4M |
| 2 |
CIBC Private Wealth Group
Atlanta,
Georgia
|
+$8.79M |
| 3 |
CBU
CIBC Bank USA
Chicago,
Illinois
|
+$8.46M |
| 4 |
VF
Virtu Financial
New York
|
+$7.83M |
| 5 |
CAM
Crestone Asset Management
Boulder,
Colorado
|
+$2.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$63.9M |
| 2 |
S
SignatureFD
Atlanta,
Georgia
|
-$43M |
| 3 |
Wells Fargo
San Francisco,
California
|
-$38.7M |
| 4 |
BP
Ballentine Partners
Waltham,
Massachusetts
|
-$22.5M |
| 5 |
AL
Aspiriant LLC
Los Angeles,
California
|
-$19.5M |
MLPI Hedge Fund Activity: Q4 2019 in Review
88 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in UBS E-TRACS Alerian MLP Infrastructure ETN (MLPI) for Q4 2019, worth a combined $555M — down 33% from $830M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of MLPI and 16 opened new positions — a net loss of 2 holders — while 37 trimmed existing stakes and 17 added.
The largest buyer was Wolverine Trading, adding an estimated $20.4M. The largest seller was PNC Financial Services Group, cutting an estimated $63.9M.
- 88 institutional investors held UBS E-TRACS Alerian MLP Infrastructure ETN (MLPI) as of Q4 2019, down from 90 in Q3 2019.
- Funds reported $555M of UBS E-TRACS Alerian MLP Infrastructure ETN stock for Q4 2019, down 33% quarter-over-quarter.
- 16 funds opened new UBS E-TRACS Alerian MLP Infrastructure ETN positions in Q4 2019 and 18 closed out, a net change of -2 holders.
- The largest UBS E-TRACS Alerian MLP Infrastructure ETN buyer in Q4 2019 was Wolverine Trading, an estimated $20.4M added.
- The largest UBS E-TRACS Alerian MLP Infrastructure ETN seller in Q4 2019 was PNC Financial Services Group, an estimated $63.9M sold.
Based on aggregated 13F filings for Q4 2019.