Cushing 30 MLP Index ETNs due June 15, 2037
PPLN
PPLN was delisted on the 14th of January, 2020.
4 hedge funds and large institutions have $89M invested in Cushing 30 MLP Index ETNs due June 15, 2037 in 2018 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 2 closing their positions.
10% more capital invested
Capital invested by funds: $80.7M → $89M (+$8.27M)
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
20% less funds holding
Funds holding: 5 → 4 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$2.76M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$22.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$2.67M |
| 2 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$198K |
| 3 |
WAP
Wealthcare Advisory Partners
West Chester,
Pennsylvania
|
-$4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
JP Morgan Chase
New York
| $84.8M | +$2.76M | +154,200 | +3% |
|
|
NIM
2
NXG Investment Management
Dallas,
Texas
| $3.86M | -$2.67M | -149,200 | -42% |
|
|
PFGIA
3
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| $238K | – | – | – |
|
|
4
UBS Group
Zurich,
Switzerland
| $23K | +$22.4K | +1,254 | New |
|
|
PAG
5
Private Advisor Group
Morristown,
New Jersey
| – | -$198K | -13,000 | Closed |
|
|
WAP
6
Wealthcare Advisory Partners
West Chester,
Pennsylvania
| – | -$4K | -250 | Closed |
|
PPLN Hedge Fund Activity: Q2 2018 in Review
4 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Cushing 30 MLP Index ETNs due June 15, 2037 (PPLN) for Q2 2018, worth a combined $89M — up 10% from $80.7M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of PPLN and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 1 added.
The largest buyer was JP Morgan Chase, adding an estimated $2.76M. The largest seller was NXG Investment Management, cutting an estimated $2.67M.
- 4 institutional investors held Cushing 30 MLP Index ETNs due June 15, 2037 (PPLN) as of Q2 2018, down from 5 in Q1 2018.
- Funds reported $89M of Cushing 30 MLP Index ETNs due June 15, 2037 stock for Q2 2018, up 10% quarter-over-quarter.
- 1 fund opened new Cushing 30 MLP Index ETNs due June 15, 2037 positions in Q2 2018 and 2 closed out, a net change of -1 holder.
- The largest Cushing 30 MLP Index ETNs due June 15, 2037 buyer in Q2 2018 was JP Morgan Chase, an estimated $2.76M added.
- The largest Cushing 30 MLP Index ETNs due June 15, 2037 seller in Q2 2018 was NXG Investment Management, an estimated $2.67M sold.
Based on aggregated 13F filings for Q2 2018.