ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN
CEFL
CEFL was delisted on the 26th of March, 2020.
8 hedge funds and large institutions have $6.09M invested in ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN in 2015 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 0 reducing their positions, and 4 closing their positions.
15% more capital invested
Capital invested by funds: $5.3M → $6.09M (+$788K)
11% less funds holding
Funds holding: 9 → 8 (-1)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$1.1M |
| 2 |
Jane Street
New York
|
+$535K |
| 3 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
+$482K |
| 4 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
+$77.3K |
| 5 |
ICM
Ionic Capital Management
New York
|
+$77.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$537K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$237K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$199K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
-$71K |
CEFL Hedge Fund Activity: Q2 2015 in Review
8 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN (CEFL) for Q2 2015, worth a combined $6.09M — up 15% from $5.3M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of CEFL and 3 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 4 added.
The largest buyer was Rivernorth Capital Management, opening a new position worth an estimated $1.1M. The largest seller was Virtu KCG Holdings, exiting entirely with an estimated $537K sold.
- 8 institutional investors held ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN (CEFL) as of Q2 2015, down from 9 in Q1 2015.
- Funds reported $6.09M of ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN stock for Q2 2015, up 15% quarter-over-quarter.
- 3 funds opened new ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN positions in Q2 2015 and 4 closed out, a net change of -1 holder.
- The largest ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN buyer in Q2 2015 was Rivernorth Capital Management, an estimated $1.1M added.
- The largest ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN seller in Q2 2015 was Virtu KCG Holdings, an estimated $537K sold.
Based on aggregated 13F filings for Q2 2015.