ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN
CEFL
CEFL was delisted on the 26th of March, 2020.
9 hedge funds and large institutions have $5.3M invested in ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN in 2015 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 2 closing their positions.
220% more capital invested
Capital invested by funds: $1.66M → $5.3M (+$3.64M)
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
29% more funds holding
Funds holding: 7 → 9 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ICM
Ionic Capital Management
New York
|
+$2.21M |
| 2 |
Jane Street
New York
|
+$738K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$542K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$239K |
| 5 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$56.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Creative Planning
Overland Park,
Kansas
|
-$44.5K |
| 2 |
BRWM
B. Riley Wealth Management
Memphis,
Tennessee
|
-$9K |
| 3 |
Citigroup
New York
|
-$1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ICM
1
Ionic Capital Management
New York
| $2.19M | +$2.21M | +99,400 | New |
|
|
2
Jane Street
New York
| $731K | +$738K | +33,169 | New |
|
|
AWA
3
Arete Wealth Advisors
Chicago,
Illinois
| $690K | +$22.5K | +1,010 | +3% |
|
|
SPC
4
Sigma Planning Corp
Ann Arbor,
Michigan
| $642K | +$56.9K | +2,559 | +10% |
|
|
VKH
5
Virtu KCG Holdings
New York
| $537K | +$542K | +24,351 | New |
|
|
6
Citadel Advisors
Miami,
Florida
| $237K | +$239K | +10,765 | New |
|
7
UBS Group
Zurich,
Switzerland
| $199K | +$9.23K | +415 | +5% |
|
|
8
Creative Planning
Overland Park,
Kansas
| $71K | -$44.5K | -2,000 | -38% |
|
|
BRWM
9
B. Riley Wealth Management
Memphis,
Tennessee
| – | -$9K | -400 | Closed |
|
|
10
Citigroup
New York
| – | -$1K | -61 | Closed |
|
CEFL Hedge Fund Activity: Q1 2015 in Review
9 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN (CEFL) for Q1 2015, worth a combined $5.3M — up 220% from $1.66M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new CEFL positions and 2 closed out — a net gain of 2 holders — while 3 added to existing stakes and 1 trimmed.
The largest buyer was Ionic Capital Management, opening a new position worth an estimated $2.21M. The largest seller was Creative Planning, cutting an estimated $44.5K.
- 9 institutional investors held ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN (CEFL) as of Q1 2015, up from 7 in Q4 2014.
- Funds reported $5.3M of ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN stock for Q1 2015, up 220% quarter-over-quarter.
- 4 funds opened new ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN positions in Q1 2015 and 2 closed out, a net change of +2 holders.
- The largest ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN buyer in Q1 2015 was Ionic Capital Management, an estimated $2.21M added.
- The largest ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN seller in Q1 2015 was Creative Planning, an estimated $44.5K sold.
Based on aggregated 13F filings for Q1 2015.