ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN
CEFL
CEFL was delisted on the 26th of March, 2020.
4 hedge funds and large institutions have $590K invested in ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN in 2014 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
33% more funds holding
Funds holding: 3 → 4 (+1)
58% less capital invested
Capital invested by funds: $1.41M → $590K (-$820K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$285K |
| 2 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
+$22.8K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
+$8.55K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.17M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $298K | +$285K | +10,000 | New |
|
|
U
2
UBS
Zurich,
Switzerland
| $238K | – | – | – |
|
|
3
Creative Planning
Overland Park,
Kansas
| $30K | +$8.55K | +300 | +43% |
|
|
CFA
4
Carroll Financial Associates
Charlotte,
North Carolina
| $24K | +$22.8K | +800 | New |
|
|
5
Jane Street
New York
| – | -$1.17M | -42,550 | Closed |
|
CEFL Hedge Fund Activity: Q2 2014 in Review
4 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN (CEFL) for Q2 2014, worth a combined $590K — down 58% from $1.41M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new CEFL positions and 1 closed out — a net gain of 1 holder — while 1 added to existing stakes and 0 trimmed.
The largest buyer was Morgan Stanley, opening a new position worth an estimated $285K. The largest seller was Jane Street, exiting entirely with an estimated $1.17M sold.
- 4 institutional investors held ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN (CEFL) as of Q2 2014, up from 3 in Q1 2014.
- Funds reported $590K of ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN stock for Q2 2014, down 58% quarter-over-quarter.
- 2 funds opened new ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN positions in Q2 2014 and 1 closed out, a net change of +1 holder.
- The largest ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN buyer in Q2 2014 was Morgan Stanley, an estimated $285K added.
- The largest ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN seller in Q2 2014 was Jane Street, an estimated $1.17M sold.
Based on aggregated 13F filings for Q2 2014.