ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN
CEFL
CEFL was delisted on the 26th of March, 2020.
7 hedge funds and large institutions have $1.66M invested in ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN in 2014 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 2 increasing their positions, reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
45% more capital invested
Capital invested by funds: $1.15M → $1.66M (+$511K)
40% more funds holding
Funds holding: 5 → 7 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
+$303K |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$30.2K |
| 3 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
+$10.1K |
| 4 |
Citigroup
New York
|
+$1.53K |
| 5 |
Parallax Volatility Advisers
San Francisco,
California
|
+$25 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
-$351K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AWA
1
Arete Wealth Advisors
Chicago,
Illinois
| $706K | +$303K | +12,025 | +66% |
|
|
SPC
2
Sigma Planning Corp
Ann Arbor,
Michigan
| $620K | +$668K | +26,552 | New |
|
3
UBS Group
Zurich,
Switzerland
| $201K | +$217K | +8,606 | New |
|
|
4
Creative Planning
Overland Park,
Kansas
| $121K | +$30.2K | +1,200 | +30% |
|
|
BRWM
5
B. Riley Wealth Management
Memphis,
Tennessee
| $9K | +$10.1K | +400 | New |
|
|
6
Citigroup
New York
| $1K | +$1.53K | +61 | New |
|
|
CFA
7
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$351K | -13,600 | Closed |
|
|
TRCT
8
Tower Research Capital (TRC)
New York
| – | -$1K | -34 | Closed |
|
|
9
Parallax Volatility Advisers
San Francisco,
California
| – | +$25 | +1 | New |
|
CEFL Hedge Fund Activity: Q4 2014 in Review
7 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN (CEFL) for Q4 2014, worth a combined $1.66M — up 45% from $1.15M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new CEFL positions and 2 closed out — a net gain of 3 holders — while 2 added to existing stakes and 0 trimmed.
The largest buyer was Arete Wealth Advisors, adding an estimated $303K. The largest seller was Carroll Financial Associates, exiting entirely with an estimated $351K sold.
- 7 institutional investors held ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN (CEFL) as of Q4 2014, up from 5 in Q3 2014.
- Funds reported $1.66M of ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN stock for Q4 2014, up 45% quarter-over-quarter.
- 5 funds opened new ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN positions in Q4 2014 and 2 closed out, a net change of +3 holders.
- The largest ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN buyer in Q4 2014 was Arete Wealth Advisors, an estimated $303K added.
- The largest ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN seller in Q4 2014 was Carroll Financial Associates, an estimated $351K sold.
Based on aggregated 13F filings for Q4 2014.