ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN
CEFL
CEFL was delisted on the 26th of March, 2020.
12 hedge funds and large institutions have $7.1M invested in ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN in 2015 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 0 closing their positions.
50% more funds holding
Funds holding: 8 → 12 (+4)
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
17% more capital invested
Capital invested by funds: $6.09M → $7.1M (+$1.01M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$2.33M |
| 2 |
ICM
Ionic Capital Management
New York
|
+$304K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$182K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$74.3K |
| 5 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
+$48.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$145K |
| 2 |
Jane Street
New York
|
-$26.2K |
| 3 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$10.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RCM
1
Rivernorth Capital Management
West Palm Beach,
Florida
| $2.76M | +$2.33M | +128,650 | +259% |
|
|
ICM
2
Ionic Capital Management
New York
| $1.85M | +$304K | +16,800 | +16% |
|
|
3
Jane Street
New York
| $867K | -$26.2K | -1,447 | -3% |
|
|
AWA
4
Arete Wealth Advisors
Chicago,
Illinois
| $513K | -$10.9K | -600 | -2% |
|
|
CFA
5
Carroll Financial Associates
Charlotte,
North Carolina
| $421K | +$48.9K | +2,700 | +12% |
|
|
SPC
6
Sigma Planning Corp
Ann Arbor,
Michigan
| $367K | -$145K | -8,023 | -25% |
|
|
7
Citadel Advisors
Miami,
Florida
| $155K | +$182K | +10,027 | New |
|
|
BA
8
BlackRock Advisors
Wilmington,
Delaware
| $66K | +$14K | +770 | +22% |
|
|
9
Creative Planning
Overland Park,
Kansas
| $64K | +$74.3K | +4,100 | New |
|
10
UBS Group
Zurich,
Switzerland
| $26K | +$30.4K | +1,675 | New |
|
|
BBPWM
11
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
| $3K | +$3.62K | +200 | New |
|
CEFL Hedge Fund Activity: Q3 2015 in Review
12 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN (CEFL) for Q3 2015, worth a combined $7.1M — up 17% from $6.09M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new CEFL positions and 0 closed out — a net gain of 4 holders — while 4 added to existing stakes and 3 trimmed.
The largest buyer was Rivernorth Capital Management, adding an estimated $2.33M. The largest seller was Sigma Planning Corp, cutting an estimated $145K.
- 12 institutional investors held ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN (CEFL) as of Q3 2015, up from 8 in Q2 2015.
- Funds reported $7.1M of ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN stock for Q3 2015, up 17% quarter-over-quarter.
- 4 funds opened new ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN positions in Q3 2015 and 0 closed out, a net change of +4 holders.
- The largest ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN buyer in Q3 2015 was Rivernorth Capital Management, an estimated $2.33M added.
- The largest ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN seller in Q3 2015 was Sigma Planning Corp, an estimated $145K sold.
Based on aggregated 13F filings for Q3 2015.