ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN
CEFL
CEFL was delisted on the 26th of March, 2020.
5 hedge funds and large institutions have $1.15M invested in ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN in 2014 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 2 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
94% more capital invested
Capital invested by funds: $590K → $1.15M (+$557K)
25% more funds holding
Funds holding: 4 → 5 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
+$522K |
| 2 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
+$366K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
+$85.9K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$973 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$298K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWA
1
Arete Wealth Advisors
Chicago,
Illinois
| $478K | +$522K | +18,240 | New |
|
|
CFA
2
Carroll Financial Associates
Charlotte,
North Carolina
| $351K | +$366K | +12,800 | +1,600% |
|
|
U
3
UBS
Zurich,
Switzerland
| $211K | – | – | – |
|
|
4
Creative Planning
Overland Park,
Kansas
| $106K | +$85.9K | +3,000 | +300% |
|
|
TRCT
5
Tower Research Capital (TRC)
New York
| $1K | +$973 | +34 | New |
|
|
6
Morgan Stanley
New York
| – | -$298K | -10,000 | Closed |
|
CEFL Hedge Fund Activity: Q3 2014 in Review
5 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN (CEFL) for Q3 2014, worth a combined $1.15M — up 94% from $590K a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new CEFL positions and 1 closed out — a net gain of 1 holder — while 2 added to existing stakes and 0 trimmed.
The largest buyer was Arete Wealth Advisors, opening a new position worth an estimated $522K. The largest seller was Morgan Stanley, exiting entirely with an estimated $298K sold.
- 5 institutional investors held ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN (CEFL) as of Q3 2014, up from 4 in Q2 2014.
- Funds reported $1.15M of ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN stock for Q3 2014, up 94% quarter-over-quarter.
- 2 funds opened new ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN positions in Q3 2014 and 1 closed out, a net change of +1 holder.
- The largest ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN buyer in Q3 2014 was Arete Wealth Advisors, an estimated $522K added.
- The largest ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN seller in Q3 2014 was Morgan Stanley, an estimated $298K sold.
Based on aggregated 13F filings for Q3 2014.