Madison Covered Call ETF
CVRD
5 hedge funds and large institutions have $35.5M invested in Madison Covered Call ETF in 2025 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 3 reducing their positions, and closing their positions.
67% more funds holding
Funds holding: 3 → 5 (+2)
3.46% less ownership
Funds ownership: 96.16% → 92.7% (-3.5%)
17% less capital invested
Capital invested by funds: $42.6M → $35.5M (-$7.13M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$326K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$3.85K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MAM
Madison Asset Management
Madison,
Wisconsin
|
-$5.95M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$826K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$430K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MAM
1
Madison Asset Management
Madison,
Wisconsin
| $34.7M | -$5.95M | -320,000 | -15% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $323K | +$326K | +17,540 | New |
|
|
OMC
3
Old Mission Capital
Chicago,
Illinois
| $265K | -$826K | -44,410 | -76% |
|
|
4
Royal Bank of Canada
Toronto,
Ontario, Canada
| $117K | -$430K | -23,132 | -78% |
|
|
5
UBS Group
Zurich,
Switzerland
| $3.81K | +$3.85K | +207 | New |
|
CVRD Hedge Fund Activity: Q4 2025 in Review
5 of the 8,223 institutional investors tracked by Wall St. Rank reported a position in Madison Covered Call ETF (CVRD) for Q4 2025, worth a combined $35.5M — down 17% from $42.6M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new CVRD positions and 0 closed out — a net gain of 2 holders — while 0 added to existing stakes and 3 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $326K. The largest seller was Madison Asset Management, cutting an estimated $5.95M.
- 5 institutional investors held Madison Covered Call ETF (CVRD) as of Q4 2025, up from 3 in Q3 2025.
- Funds reported $35.5M of Madison Covered Call ETF stock for Q4 2025, down 17% quarter-over-quarter.
- 2 funds opened new Madison Covered Call ETF positions in Q4 2025 and 0 closed out, a net change of +2 holders.
- The largest Madison Covered Call ETF buyer in Q4 2025 was Susquehanna International Group, an estimated $326K added.
- The largest Madison Covered Call ETF seller in Q4 2025 was Madison Asset Management, an estimated $5.95M sold.
Based on aggregated 13F filings for Q4 2025.