iPath US Treasury Steepener ETN
STPP
STPP was delisted on the 10th of August, 2020.
6 hedge funds and large institutions have $1.07M invested in iPath US Treasury Steepener ETN in 2017 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 1 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
0% more first-time investments, than exits
New positions opened: 1 | Existing positions closed: 1
14% less funds holding
Funds holding: 7 → 6 (-1)
28% less capital invested
Capital invested by funds: $1.49M → $1.07M (-$422K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$210K |
| 2 |
Jane Street
New York
|
+$199K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.09K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$604K |
| 2 |
Morgan Stanley
New York
|
-$10.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $759K | +$199K | +6,166 | +35% |
|
|
VF
2
Virtu Financial
New York
| $205K | +$210K | +6,512 | New |
|
|
3
Royal Bank of Canada
Toronto,
Ontario, Canada
| $59K | +$3.09K | +96 | +5% |
|
|
4
Morgan Stanley
New York
| $47K | -$10.4K | -323 | -18% |
|
5
UBS Group
Zurich,
Switzerland
| $1K | – | – | – |
|
|
6
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$604K | -18,585 | Closed |
|
STPP Hedge Fund Activity: Q3 2017 in Review
6 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in iPath US Treasury Steepener ETN (STPP) for Q3 2017, worth a combined $1.07M — down 28% from $1.49M a quarter earlier.
Fund positioning in STPP was balanced in Q3 2017: 1 fund opened new positions, 1 closed out, 2 added to existing stakes and 1 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $210K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $604K sold.
- 6 institutional investors held iPath US Treasury Steepener ETN (STPP) as of Q3 2017, down from 7 in Q2 2017.
- Funds reported $1.07M of iPath US Treasury Steepener ETN stock for Q3 2017, down 28% quarter-over-quarter.
- 1 fund opened new iPath US Treasury Steepener ETN positions in Q3 2017 and 1 closed out, a net change of 0 holders.
- The largest iPath US Treasury Steepener ETN buyer in Q3 2017 was Virtu Financial, an estimated $210K added.
- The largest iPath US Treasury Steepener ETN seller in Q3 2017 was Susquehanna International Group, an estimated $604K sold.
Based on aggregated 13F filings for Q3 2017.