Cushing 30 MLP Index ETNs due June 15, 2037
PPLN
PPLN was delisted on the 14th of January, 2020.
6 hedge funds and large institutions have $73.9M invested in Cushing 30 MLP Index ETNs due June 15, 2037 in 2018 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
20% more funds holding
Funds holding: 5 → 6 (+1)
19% less capital invested
Capital invested by funds: $90.9M → $73.9M (-$17M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$1.39M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
+$284K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$229K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$168K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
JP Morgan Chase
New York
| $70.2M | +$1.39M | +83,000 | +2% |
|
|
NIM
2
NXG Investment Management
Dallas,
Texas
| $2.99M | -$168K | -10,000 | -5% |
|
|
3
Wolverine Trading
Chicago,
Illinois
| $416K | +$284K | +16,963 | +154% |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $205K | +$229K | +13,689 | New |
|
|
PFGIA
5
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| $91K | – | – | – |
|
6
UBS Group
Zurich,
Switzerland
| $14K | – | – | – |
|
PPLN Hedge Fund Activity: Q4 2018 in Review
6 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Cushing 30 MLP Index ETNs due June 15, 2037 (PPLN) for Q4 2018, worth a combined $73.9M — down 19% from $90.9M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new PPLN positions and 0 closed out — a net gain of 1 holder — while 2 added to existing stakes and 1 trimmed.
The largest buyer was JP Morgan Chase, adding an estimated $1.39M. The largest seller was NXG Investment Management, cutting an estimated $168K.
- 6 institutional investors held Cushing 30 MLP Index ETNs due June 15, 2037 (PPLN) as of Q4 2018, up from 5 in Q3 2018.
- Funds reported $73.9M of Cushing 30 MLP Index ETNs due June 15, 2037 stock for Q4 2018, down 19% quarter-over-quarter.
- 1 fund opened new Cushing 30 MLP Index ETNs due June 15, 2037 positions in Q4 2018 and 0 closed out, a net change of +1 holder.
- The largest Cushing 30 MLP Index ETNs due June 15, 2037 buyer in Q4 2018 was JP Morgan Chase, an estimated $1.39M added.
- The largest Cushing 30 MLP Index ETNs due June 15, 2037 seller in Q4 2018 was NXG Investment Management, an estimated $168K sold.
Based on aggregated 13F filings for Q4 2018.