ECA Marcellus Trust 1 Interest
ECT
ECT was delisted on the 30th of July, 2020.
25 hedge funds and large institutions have $294K invested in ECA Marcellus Trust 1 Interest in 2019 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 6 closing their positions.
14% less funds holding
Funds holding: 29 → 25 (-4)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
65% less capital invested
Capital invested by funds: $844K → $294K (-$551K)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$35.5K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$16.2K |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$4.29K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$397 |
| 5 |
Wells Fargo
San Francisco,
California
|
+$1 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$116K |
| 2 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$102K |
| 3 |
ANTB
AMG National Trust Bank
Greenwood Village,
Colorado
|
-$64.6K |
| 4 |
CL
CSS LLC
Chicago,
Illinois
|
-$30K |
| 5 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
-$21K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RJA
26
Raymond James & Associates
St Petersburg,
Florida
| – | -$15K | -12,300 | Closed |
|
|
27
Bank of America
Charlotte,
North Carolina
| – | +$397 | +460 | New |
|
ECT Hedge Fund Activity: Q4 2019 in Review
25 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in ECA Marcellus Trust 1 Interest (ECT) for Q4 2019, worth a combined $294K — down 65% from $844K a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of ECT and 2 opened new positions — a net loss of 4 holders — while 5 trimmed existing stakes and 3 added.
The largest buyer was Morgan Stanley, adding an estimated $35.5K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $116K sold.
- 25 institutional investors held ECA Marcellus Trust 1 Interest (ECT) as of Q4 2019, down from 29 in Q3 2019.
- Funds reported $294K of ECA Marcellus Trust 1 Interest stock for Q4 2019, down 65% quarter-over-quarter.
- 2 funds opened new ECA Marcellus Trust 1 Interest positions in Q4 2019 and 6 closed out, a net change of -4 holders.
- The largest ECA Marcellus Trust 1 Interest buyer in Q4 2019 was Morgan Stanley, an estimated $35.5K added.
- The largest ECA Marcellus Trust 1 Interest seller in Q4 2019 was Susquehanna International Group, an estimated $116K sold.
Based on aggregated 13F filings for Q4 2019.