Cushing 30 MLP Index ETNs due June 15, 2037
PPLN
PPLN was delisted on the 14th of January, 2020.
5 hedge funds and large institutions have $4.52M invested in Cushing 30 MLP Index ETNs due June 15, 2037 in 2019 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 1 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
17% less funds holding
Funds holding: 6 → 5 (-1)
94% less capital invested
Capital invested by funds: $73.9M → $4.52M (-$69.4M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
+$131K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$850 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
-$70.2M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
NIM
1
NXG Investment Management
Dallas,
Texas
| $3.53M | – | – | – |
|
|
2
Wolverine Trading
Chicago,
Illinois
| $630K | +$131K | +7,728 | +28% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $236K | -$5.1K | -300 | -2% |
|
|
PFGIA
4
Patriot Financial Group Insurance Agency
Westborough,
Massachusetts
| $108K | – | – | – |
|
|
5
UBS Group
Zurich,
Switzerland
| $18K | +$850 | +50 | +5% |
|
|
6
JP Morgan Chase
New York
| – | -$70.2M | -4,695,000 | Closed |
|
PPLN Hedge Fund Activity: Q1 2019 in Review
5 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Cushing 30 MLP Index ETNs due June 15, 2037 (PPLN) for Q1 2019, worth a combined $4.52M — down 94% from $73.9M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of PPLN and 0 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 2 added.
The largest buyer was Wolverine Trading, adding an estimated $131K. The largest seller was JP Morgan Chase, exiting entirely with an estimated $70.2M sold.
- 5 institutional investors held Cushing 30 MLP Index ETNs due June 15, 2037 (PPLN) as of Q1 2019, down from 6 in Q4 2018.
- Funds reported $4.52M of Cushing 30 MLP Index ETNs due June 15, 2037 stock for Q1 2019, down 94% quarter-over-quarter.
- 0 funds opened new Cushing 30 MLP Index ETNs due June 15, 2037 positions in Q1 2019 and 1 closed out, a net change of -1 holder.
- The largest Cushing 30 MLP Index ETNs due June 15, 2037 buyer in Q1 2019 was Wolverine Trading, an estimated $131K added.
- The largest Cushing 30 MLP Index ETNs due June 15, 2037 seller in Q1 2019 was JP Morgan Chase, an estimated $70.2M sold.
Based on aggregated 13F filings for Q1 2019.