AMLP = $7.00 Bn in AUM
Name | % Ownership |
Morgan Stanley Smith Barney LLC | 4.5 |
Wells Fargo Advisors LLC | 3.7 |
Merrill Lynch, Pierce, Fenner & Smith, Inc. | 2.8 |
UBS Financial Services, Inc. | 2.8 |
Citigroup Global Markets, Inc. (Broker) | 2.6 |
Goldman Sachs & Co. (Private Banking) | 2.4 |
RBC Capital Markets LLC | 1.9 |
ThomasPartners, Inc. | 1.9 |
QS Investors LLC | 1.3 |
Managed Account Advisors LLC | 1.2 |
Total number of filers | 491 |
Total percent ownership | 45.20% |
ICF = $3.54 Bn in AUM
Name | % Ownership |
BlackRock Fund Advisors | 21.9 |
JPMorgan Chase Bank, NA (Investment Management) | 6.5 |
Bank of America, NA (Private Banking) | 4.5 |
Merrill Lynch, Pierce, Fenner & Smith, Inc. | 1.9 |
PNC Bank, NA (Investment Management) | 1.6 |
Morgan Stanley Smith Barney LLC | 1.6 |
Wells Fargo Advisors LLC | 1.5 |
ClearArc Capital, Inc. | 1.4 |
Creative Planning, Inc. | 1.4 |
LPL Financial LLC | 1.3 |
Total number of filers | 297 |
Total percent ownership | 64.60% |
AMJ = $3.15 Bn in AUM
Name | % Ownership |
MLP Investment Holdings, Inc. | 8.3 |
AT Investment Advisers, Inc. | 3.1 |
Eagle Global Advisors LLC | 2.7 |
Morgan Stanley Smith Barney LLC | 2.5 |
Miller/Howard Investments, Inc. | 2.1 |
Wells Fargo Bank, NA (Private Banking) | 2.1 |
The Dow Chemical Co. Pension Fund | 1.7 |
Fund Evaluation Group LLC | 1.5 |
The Haverford Trust Co. | 1.2 |
Susquehanna Financial Group LLLP | 1.1 |
Total number of filers | 321 |
Total percent ownership | 57.10% |
FXG = $2.43 Bn in AUM
Name | % Ownership |
First Trust Advisors LP | 36.4 |
Morgan Stanley Smith Barney LLC | 13.1 |
Wells Fargo Advisors LLC | 10.4 |
UBS Financial Services, Inc. | 4 |
Merrill Lynch, Pierce, Fenner & Smith, Inc. | 3.8 |
LPL Financial LLC | 2.6 |
Raymond James & Associates, Inc. (Invt Mgmt) | 2.4 |
Columbia Management Investment Advisers LLC | 1.7 |
Raymond James Financial Services Advisors, Inc. | 1.6 |
MetLife Securities, Inc. | 1.3 |
Total number of filers | 160 |
Total percent ownership | 96.50% |
FXH = $2.41 Bn in AUM
Name | % Ownership |
First Trust Advisors LP | 34.7 |
Morgan Stanley Smith Barney LLC | 14.4 |
Wells Fargo Advisors LLC | 9.6 |
Merrill Lynch, Pierce, Fenner & Smith, Inc. | 4.3 |
LPL Financial LLC | 4 |
UBS Financial Services, Inc. | 3.4 |
Raymond James & Associates, Inc. (Invt Mgmt) | 2.2 |
Raymond James Financial Services Advisors, Inc. | 1.4 |
RBC Capital Markets LLC | 1.2 |
Columbia Management Investment Advisers LLC | 1.1 |
Total number of filers | 170 |
Total percent ownership | 93.90% |
Interestingly, for three of these funds, ownership is dominated by the wealth management arms of the funds' sponsors: BlackRock Fund Advisors, in the case of ICF; and First Trust Advisors, in the case of FXG and FXH.
For the First Trust funds, it's especially striking, because 13F filer ownership represents the vast majority of investment. It accounts for 97% and 94% of FXG and FXH, respectively.