iPath US Treasury Steepener ETN
STPP
STPP was delisted on the 10th of August, 2020.
7 hedge funds and large institutions have $1.65M invested in iPath US Treasury Steepener ETN in 2014 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 5 closing their positions.
36% less funds holding
Funds holding: 11 → 7 (-4)
55% less capital invested
Capital invested by funds: $3.69M → $1.65M (-$2.04M)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
80% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$11K |
| 2 |
GSC
Ground Swell Capital
Folly Beach,
South Carolina
|
+$10.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$1.46M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$294K |
| 3 |
LPL Financial
San Diego,
California
|
-$202K |
| 4 |
WA
WFG Advisors
Dallas,
Texas
|
-$54.9K |
| 5 |
BRWA
B. Riley Wealth Advisors
Boca Raton,
Florida
|
-$12.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $766K | -$294K | -7,974 | -28% |
|
2
JP Morgan Chase
New York
| $746K | -$5.9K | -160 | -0.8% |
|
|
U
3
UBS
Zurich,
Switzerland
| $80K | +$11K | +299 | +16% |
|
|
AIG
4
American International Group
New York
| $36.3K | -$1.03K | -28 | -3% |
|
|
GSC
5
Ground Swell Capital
Folly Beach,
South Carolina
| $10K | +$10.2K | +276 | New |
|
6
Ameriprise
Minneapolis,
Minnesota
| $6K | – | – | – |
|
|
WA
7
WFG Advisors
Dallas,
Texas
| $2K | -$54.9K | -1,489 | -96% |
|
|
VF
8
Virtu Financial
New York
| – | -$1.46M | -39,282 | Closed |
|
|
9
LPL Financial
San Diego,
California
| – | -$202K | -5,418 | Closed |
|
|
BRWA
10
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$12.8K | -345 | Closed |
|
|
TRCT
11
Tower Research Capital (TRC)
New York
| – | -$4K | -100 | Closed |
|
12
Envestnet Asset Management
Chicago,
Illinois
| – | -$3K | -72 | Closed |
|
STPP Hedge Fund Activity: Q3 2014 in Review
7 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in iPath US Treasury Steepener ETN (STPP) for Q3 2014, worth a combined $1.65M — down 55% from $3.69M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of STPP and 1 opened new positions — a net loss of 4 holders — while 4 trimmed existing stakes and 1 added.
The largest buyer was UBS, adding an estimated $11K. The largest seller was Virtu Financial, exiting entirely with an estimated $1.46M sold.
- 7 institutional investors held iPath US Treasury Steepener ETN (STPP) as of Q3 2014, down from 11 in Q2 2014.
- Funds reported $1.65M of iPath US Treasury Steepener ETN stock for Q3 2014, down 55% quarter-over-quarter.
- 1 fund opened new iPath US Treasury Steepener ETN positions in Q3 2014 and 5 closed out, a net change of -4 holders.
- The largest iPath US Treasury Steepener ETN buyer in Q3 2014 was UBS, an estimated $11K added.
- The largest iPath US Treasury Steepener ETN seller in Q3 2014 was Virtu Financial, an estimated $1.46M sold.
Based on aggregated 13F filings for Q3 2014.