iPath US Treasury Steepener ETN
STPP
STPP was delisted on the 10th of August, 2020.
11 hedge funds and large institutions have $3.69M invested in iPath US Treasury Steepener ETN in 2014 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 3 closing their positions.
15% less funds holding
Funds holding: 13 → 11 (-2)
21% less capital invested
Capital invested by funds: $4.66M → $3.69M (-$970K)
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$1.12M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$201K |
| 3 |
WA
WFG Advisors
Dallas,
Texas
|
+$12.7K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$2.76K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$707K |
| 2 |
CA
Cetera Advisors
Denver,
Colorado
|
-$451K |
| 3 |
BCM
Bluefin Capital Management
New York
|
-$400K |
| 4 |
LPL Financial
San Diego,
California
|
-$363K |
| 5 |
AIG
American International Group
New York
|
-$111K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
1
Virtu Financial
New York
| $1.46M | +$1.12M | +29,243 | +291% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.07M | +$201K | +5,243 | +22% |
|
3
JP Morgan Chase
New York
| $759K | -$8.17K | -213 | -1% |
|
|
4
LPL Financial
San Diego,
California
| $202K | -$363K | -9,452 | -64% |
|
|
U
5
UBS
Zurich,
Switzerland
| $70K | -$17.4K | -453 | -19% |
|
|
WA
6
WFG Advisors
Dallas,
Texas
| $58K | +$12.7K | +332 | +27% |
|
|
AIG
7
American International Group
New York
| $37.7K | -$111K | -2,902 | -74% |
|
|
BRWA
8
B. Riley Wealth Advisors
Boca Raton,
Florida
| $12.8K | -$707K | -18,425 | -98% |
|
9
Ameriprise
Minneapolis,
Minnesota
| $6K | -$17.3K | -450 | -75% |
|
|
TRCT
10
Tower Research Capital (TRC)
New York
| $4K | -$3.84K | -100 | -50% |
|
|
11
Envestnet Asset Management
Chicago,
Illinois
| $3K | +$2.76K | +72 | New |
|
|
CA
12
Cetera Advisors
Denver,
Colorado
| – | -$451K | -11,410 | Closed |
|
|
BCM
13
Bluefin Capital Management
New York
| – | -$400K | -9,871 | Closed |
|
14
Citigroup
New York
| – | -$16K | -400 | Closed |
|
STPP Hedge Fund Activity: Q2 2014 in Review
11 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in iPath US Treasury Steepener ETN (STPP) for Q2 2014, worth a combined $3.69M — down 21% from $4.66M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of STPP and 1 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 3 added.
The largest buyer was Virtu Financial, adding an estimated $1.12M. The largest seller was B. Riley Wealth Advisors, cutting an estimated $707K.
- 11 institutional investors held iPath US Treasury Steepener ETN (STPP) as of Q2 2014, down from 13 in Q1 2014.
- Funds reported $3.69M of iPath US Treasury Steepener ETN stock for Q2 2014, down 21% quarter-over-quarter.
- 1 fund opened new iPath US Treasury Steepener ETN positions in Q2 2014 and 3 closed out, a net change of -2 holders.
- The largest iPath US Treasury Steepener ETN buyer in Q2 2014 was Virtu Financial, an estimated $1.12M added.
- The largest iPath US Treasury Steepener ETN seller in Q2 2014 was B. Riley Wealth Advisors, an estimated $707K sold.
Based on aggregated 13F filings for Q2 2014.