iPath US Treasury Steepener ETN
STPP
STPP was delisted on the 10th of August, 2020.
13 hedge funds and large institutions have $4.66M invested in iPath US Treasury Steepener ETN in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
18% more funds holding
Funds holding: 11 → 13 (+2)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
31% less capital invested
Capital invested by funds: $6.72M → $4.66M (-$2.07M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Bluefin Capital Management
New York
|
+$390K |
| 2 |
U
UBS
Zurich,
Switzerland
|
+$78.5K |
| 3 |
VF
Virtu Financial
New York
|
+$16.1K |
| 4 |
Citigroup
New York
|
+$15.8K |
| 5 |
LPL Financial
San Diego,
California
|
+$13K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WA
WFG Advisors
Dallas,
Texas
|
-$898K |
| 2 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$821K |
| 3 |
AIG
American International Group
New York
|
-$162K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$154K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
-$98K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $927K | -$154K | -3,898 | -14% |
|
2
JP Morgan Chase
New York
| $813K | +$5.26K | +133 | +0.6% |
|
|
BRWA
3
B. Riley Wealth Advisors
Boca Raton,
Florida
| $740K | -$821K | -20,769 | -53% |
|
|
4
LPL Financial
San Diego,
California
| $586K | +$13K | +330 | +2% |
|
|
CA
5
Cetera Advisors
Denver,
Colorado
| $451K | -$98K | -2,480 | -18% |
|
|
BCM
6
Bluefin Capital Management
New York
| $400K | +$390K | +9,871 | New |
|
|
VF
7
Virtu Financial
New York
| $396K | +$16.1K | +407 | +4% |
|
|
AIG
8
American International Group
New York
| $154K | -$162K | -4,110 | -51% |
|
|
U
9
UBS
Zurich,
Switzerland
| $92K | +$78.5K | +1,987 | +578% |
|
|
WA
10
WFG Advisors
Dallas,
Texas
| $48K | -$898K | -22,717 | -95% |
|
11
Ameriprise
Minneapolis,
Minnesota
| $24K | – | – | – |
|
|
12
Citigroup
New York
| $16K | +$15.8K | +400 | New |
|
|
TRCT
13
Tower Research Capital (TRC)
New York
| $8K | +$7.9K | +200 | New |
|
|
DBT
14
Dubuque Bank & Trust
Dubuque,
Iowa
| – | -$59K | -1,400 | Closed |
|
STPP Hedge Fund Activity: Q1 2014 in Review
13 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in iPath US Treasury Steepener ETN (STPP) for Q1 2014, worth a combined $4.66M — down 31% from $6.72M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new STPP positions and 1 closed out — a net gain of 2 holders — while 4 added to existing stakes and 5 trimmed.
The largest buyer was Bluefin Capital Management, opening a new position worth an estimated $390K. The largest seller was WFG Advisors, cutting an estimated $898K.
- 13 institutional investors held iPath US Treasury Steepener ETN (STPP) as of Q1 2014, up from 11 in Q4 2013.
- Funds reported $4.66M of iPath US Treasury Steepener ETN stock for Q1 2014, down 31% quarter-over-quarter.
- 3 funds opened new iPath US Treasury Steepener ETN positions in Q1 2014 and 1 closed out, a net change of +2 holders.
- The largest iPath US Treasury Steepener ETN buyer in Q1 2014 was Bluefin Capital Management, an estimated $390K added.
- The largest iPath US Treasury Steepener ETN seller in Q1 2014 was WFG Advisors, an estimated $898K sold.
Based on aggregated 13F filings for Q1 2014.