iPath US Treasury Steepener ETN
STPP
STPP was delisted on the 10th of August, 2020.
5 hedge funds and large institutions have $2.79M invested in iPath US Treasury Steepener ETN in 2017 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 2 closing their positions.
160% more capital invested
Capital invested by funds: $1.07M → $2.79M (+$1.72M)
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
17% less funds holding
Funds holding: 6 → 5 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.02M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$988K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$20.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$205K |
| 2 |
Morgan Stanley
New York
|
-$47K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$31 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $1.74M | +$1.02M | +32,682 | +138% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $974K | +$988K | +31,660 | New |
|
|
3
Royal Bank of Canada
Toronto,
Ontario, Canada
| $77K | +$20.3K | +651 | +35% |
|
|
4
UBS Group
Zurich,
Switzerland
| $1K | -$31 | -1 | -3% |
|
|
VF
5
Virtu Financial
New York
| – | -$205K | -6,512 | Closed |
|
|
6
Morgan Stanley
New York
| – | -$47K | -1,500 | Closed |
|
STPP Hedge Fund Activity: Q4 2017 in Review
5 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in iPath US Treasury Steepener ETN (STPP) for Q4 2017, worth a combined $2.79M — up 160% from $1.07M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of STPP and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 2 added.
The largest buyer was Jane Street, adding an estimated $1.02M. The largest seller was Virtu Financial, exiting entirely with an estimated $205K sold.
- 5 institutional investors held iPath US Treasury Steepener ETN (STPP) as of Q4 2017, down from 6 in Q3 2017.
- Funds reported $2.79M of iPath US Treasury Steepener ETN stock for Q4 2017, up 160% quarter-over-quarter.
- 1 fund opened new iPath US Treasury Steepener ETN positions in Q4 2017 and 2 closed out, a net change of -1 holder.
- The largest iPath US Treasury Steepener ETN buyer in Q4 2017 was Jane Street, an estimated $1.02M added.
- The largest iPath US Treasury Steepener ETN seller in Q4 2017 was Virtu Financial, an estimated $205K sold.
Based on aggregated 13F filings for Q4 2017.