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 $76.6M invested in Cushing 30 MLP Index ETNs due June 15, 2037 in 2019 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
4% less capital invested
Capital invested by funds: $80M → $76.6M (-$3.39M)
38% less funds holding
Funds holding: 8 → 5 (-3)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$3.66M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$7.51K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NIM
NXG Investment Management
Dallas,
Texas
|
-$2.36M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
-$1.37M |
| 3 |
Jane Street
New York
|
-$341K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$14.4K |
PPLN Hedge Fund Activity: Q4 2019 in Review
5 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Cushing 30 MLP Index ETNs due June 15, 2037 (PPLN) for Q4 2019, worth a combined $76.6M — down 4.2% from $80M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of PPLN and 0 opened new positions — a net loss of 3 holders — while 1 trimmed existing stakes and 2 added.
The largest buyer was JP Morgan Chase, adding an estimated $3.66M. The largest seller was NXG Investment Management, exiting entirely with an estimated $2.36M sold.
- 5 institutional investors held Cushing 30 MLP Index ETNs due June 15, 2037 (PPLN) as of Q4 2019, down from 8 in Q3 2019.
- Funds reported $76.6M of Cushing 30 MLP Index ETNs due June 15, 2037 stock for Q4 2019, down 4.2% quarter-over-quarter.
- 0 funds opened new Cushing 30 MLP Index ETNs due June 15, 2037 positions in Q4 2019 and 3 closed out, a net change of -3 holders.
- The largest Cushing 30 MLP Index ETNs due June 15, 2037 buyer in Q4 2019 was JP Morgan Chase, an estimated $3.66M added.
- The largest Cushing 30 MLP Index ETNs due June 15, 2037 seller in Q4 2019 was NXG Investment Management, an estimated $2.36M sold.
Based on aggregated 13F filings for Q4 2019.