Madison Covered Call & Equity Strategy Fund
MCN
39 hedge funds and large institutions have $33.4M invested in Madison Covered Call & Equity Strategy Fund in 2022 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 17 reducing their positions, and 6 closing their positions.
0.57% less ownership
Funds ownership: 20.48% → 19.91% (-0.57%)
3% less capital invested
Capital invested by funds: $34.4M → $33.4M (-$975K)
5% less funds holding
Funds holding: 41 → 39 (-2)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
65% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$316K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$114K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$36.9K |
| 4 |
APA
American Portfolios Advisors
Holbrook,
New York
|
+$23.6K |
| 5 |
PA
Procyon Advisors
Shelton,
Connecticut
|
+$16K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWM
Spire Wealth Management
Mclean,
Virginia
|
-$454K |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$351K |
| 3 |
Invesco
Atlanta,
Georgia
|
-$322K |
| 4 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$298K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$278K |
MCN Hedge Fund Activity: Q1 2022 in Review
39 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Madison Covered Call & Equity Strategy Fund (MCN) for Q1 2022, worth a combined $33.4M — down 2.8% from $34.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MCN and 4 opened new positions — a net loss of 2 holders — while 17 trimmed existing stakes and 6 added.
The largest buyer was Osaic Holdings, adding an estimated $316K. The largest seller was Spire Wealth Management, cutting an estimated $454K.
- 39 institutional investors held Madison Covered Call & Equity Strategy Fund (MCN) as of Q1 2022, down from 41 in Q4 2021.
- Funds reported $33.4M of Madison Covered Call & Equity Strategy Fund stock for Q1 2022, down 2.8% quarter-over-quarter.
- 4 funds opened new Madison Covered Call & Equity Strategy Fund positions in Q1 2022 and 6 closed out, a net change of -2 holders.
- The largest Madison Covered Call & Equity Strategy Fund buyer in Q1 2022 was Osaic Holdings, an estimated $316K added.
- The largest Madison Covered Call & Equity Strategy Fund seller in Q1 2022 was Spire Wealth Management, an estimated $454K sold.
Based on aggregated 13F filings for Q1 2022.