iPath US Treasury Steepener ETN
STPP
STPP was delisted on the 10th of August, 2020.
11 hedge funds and large institutions have $6.72M invested in iPath US Treasury Steepener ETN in 2013 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 3 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 3
14% more capital invested
Capital invested by funds: $5.87M → $6.72M (+$849K)
8% less funds holding
Funds holding: 12 → 11 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$817K |
| 2 |
WA
WFG Advisors
Dallas,
Texas
|
+$571K |
| 3 |
VF
Virtu Financial
New York
|
+$384K |
| 4 |
LPL Financial
San Diego,
California
|
+$363K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
+$225K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bluefin Capital Management
New York
|
-$1.3M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$371K |
| 3 |
AIG
American International Group
New York
|
-$136K |
| 4 |
CCA
Catalyst Capital Advisors
Huntington,
New York
|
-$132K |
| 5 |
HCC
Hirtle Callaghan & Co
West Conshohocken,
Pennsylvania
|
-$80K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BRWA
1
B. Riley Wealth Advisors
Boca Raton,
Florida
| $1.66M | +$129K | +3,227 | +9% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.15M | -$371K | -9,301 | -25% |
|
|
WA
3
WFG Advisors
Dallas,
Texas
| $1.01M | +$571K | +14,314 | +149% |
|
|
4
JP Morgan Chase
New York
| $861K | +$817K | +20,481 | New |
|
|
5
LPL Financial
San Diego,
California
| $611K | +$363K | +9,104 | +167% |
|
|
CA
6
Cetera Advisors
Denver,
Colorado
| $585K | +$225K | +5,650 | +69% |
|
|
VF
7
Virtu Financial
New York
| $405K | +$384K | +9,632 | New |
|
|
AIG
8
American International Group
New York
| $337K | -$136K | -3,407 | -30% |
|
|
DBT
9
Dubuque Bank & Trust
Dubuque,
Iowa
| $59K | +$23.1K | +580 | +71% |
|
10
Ameriprise
Minneapolis,
Minnesota
| $25K | +$17.9K | +450 | +300% |
|
|
U
11
UBS
Zurich,
Switzerland
| $14K | -$50.4K | -1,265 | -79% |
|
|
BCM
12
Bluefin Capital Management
New York
| – | -$1.3M | -31,982 | Closed |
|
|
CCA
13
Catalyst Capital Advisors
Huntington,
New York
| – | -$132K | -3,350 | Closed |
|
|
HCC
14
Hirtle Callaghan & Co
West Conshohocken,
Pennsylvania
| – | -$80K | -1,907 | Closed |
|
STPP Hedge Fund Activity: Q4 2013 in Review
11 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in iPath US Treasury Steepener ETN (STPP) for Q4 2013, worth a combined $6.72M — up 14% from $5.87M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of STPP and 2 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 6 added.
The largest buyer was JP Morgan Chase, opening a new position worth an estimated $817K. The largest seller was Bluefin Capital Management, exiting entirely with an estimated $1.3M sold.
- 11 institutional investors held iPath US Treasury Steepener ETN (STPP) as of Q4 2013, down from 12 in Q3 2013.
- Funds reported $6.72M of iPath US Treasury Steepener ETN stock for Q4 2013, up 14% quarter-over-quarter.
- 2 funds opened new iPath US Treasury Steepener ETN positions in Q4 2013 and 3 closed out, a net change of -1 holder.
- The largest iPath US Treasury Steepener ETN buyer in Q4 2013 was JP Morgan Chase, an estimated $817K added.
- The largest iPath US Treasury Steepener ETN seller in Q4 2013 was Bluefin Capital Management, an estimated $1.3M sold.
Based on aggregated 13F filings for Q4 2013.