ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN
CEFL
CEFL was delisted on the 26th of March, 2020.
16 hedge funds and large institutions have $6.49M invested in ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN in 2015 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
33% more funds holding
Funds holding: 12 → 16 (+4)
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
9% less capital invested
Capital invested by funds: $7.1M → $6.49M (-$610K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$858K |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$398K |
| 3 |
ICM
Ionic Capital Management
New York
|
+$247K |
| 4 |
BCM
Buckhead Capital Management
Atlanta,
Georgia
|
+$244K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$74.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
-$1.99M |
| 2 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$367K |
| 3 |
BA
BlackRock Advisors
Wilmington,
Delaware
|
-$21.2K |
| 4 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$17.9K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$13K |
CEFL Hedge Fund Activity: Q4 2015 in Review
16 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN (CEFL) for Q4 2015, worth a combined $6.49M — down 8.6% from $7.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new CEFL positions and 1 closed out — a net gain of 4 holders — while 5 added to existing stakes and 4 trimmed.
The largest buyer was Jane Street, adding an estimated $858K. The largest seller was Rivernorth Capital Management, cutting an estimated $1.99M.
- 16 institutional investors held ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN (CEFL) as of Q4 2015, up from 12 in Q3 2015.
- Funds reported $6.49M of ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN stock for Q4 2015, down 8.6% quarter-over-quarter.
- 5 funds opened new ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN positions in Q4 2015 and 1 closed out, a net change of +4 holders.
- The largest ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN buyer in Q4 2015 was Jane Street, an estimated $858K added.
- The largest ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN seller in Q4 2015 was Rivernorth Capital Management, an estimated $1.99M sold.
Based on aggregated 13F filings for Q4 2015.