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 $6.29M invested in ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN in 2018 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 1 reducing their positions, and 4 closing their positions.
600% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 1
0% more funds holding
Funds holding: 16 → 16 (0)
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
8% less capital invested
Capital invested by funds: $6.84M → $6.29M (-$547K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FIM
Frontier Investment Management
Dallas,
Texas
|
+$364K |
| 2 |
CCM
Crabel Capital Management
Los Angeles,
California
|
+$245K |
| 3 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
+$98.3K |
| 4 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
+$63.4K |
| 5 |
PAG
Private Advisory Group
Redmond,
Washington
|
+$22K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HPWM
Highland Private Wealth Management
Bellevue,
Washington
|
-$437K |
| 2 |
AWA
Arete Wealth Advisors
Chicago,
Illinois
|
-$373K |
| 3 |
Jane Street
New York
|
-$348K |
| 4 |
ICM
Ionic Capital Management
New York
|
-$14.2K |
| 5 |
BBPWM
Blue Bell Private Wealth Management
Blue Bell,
Pennsylvania
|
-$3K |
CEFL Hedge Fund Activity: Q2 2018 in Review
16 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN (CEFL) for Q2 2018, worth a combined $6.29M — down 8% from $6.84M a quarter earlier.
Fund positioning in CEFL was balanced in Q2 2018: 4 funds opened new positions, 4 closed out, 7 added to existing stakes and 1 trimmed.
The largest buyer was Frontier Investment Management, opening a new position worth an estimated $364K. The largest seller was Highland Private Wealth Management, exiting entirely with an estimated $437K sold.
- 16 institutional investors held ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN (CEFL) as of Q2 2018, unchanged from Q1 2018.
- Funds reported $6.29M of ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN stock for Q2 2018, down 8% quarter-over-quarter.
- 4 funds opened new ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN positions in Q2 2018 and 4 closed out, a net change of 0 holders.
- The largest ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN buyer in Q2 2018 was Frontier Investment Management, an estimated $364K added.
- The largest ETRACS Monthly Pay 2xLeveraged Closed-End Fund ETN seller in Q2 2018 was Highland Private Wealth Management, an estimated $437K sold.
Based on aggregated 13F filings for Q2 2018.