Madison Covered Call & Equity Strategy Fund
MCN
40 hedge funds and large institutions have $28.2M invested in Madison Covered Call & Equity Strategy Fund in 2022 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 13 increasing their positions, 10 reducing their positions, and 3 closing their positions.
233% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 3
30% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 10
18% more funds holding
Funds holding: 34 → 40 (+6)
17% more capital invested
Capital invested by funds: $24.1M → $28.2M (+$4.15M)
0.14% less ownership
Funds ownership: 17.77% → 17.64% (-0.14%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$851K |
| 2 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
+$461K |
| 3 |
Invesco
Atlanta,
Georgia
|
+$374K |
| 4 |
LPL Financial
San Diego,
California
|
+$311K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$163K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$1.78M |
| 2 |
Osaic Holdings
Scottsdale,
Arizona
|
-$1.43M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$378K |
| 4 |
Morgan Stanley
New York
|
-$157K |
| 5 |
Wells Fargo
San Francisco,
California
|
-$105K |
MCN Hedge Fund Activity: Q4 2022 in Review
40 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Madison Covered Call & Equity Strategy Fund (MCN) for Q4 2022, worth a combined $28.2M — up 17% from $24.1M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new MCN positions and 3 closed out — a net gain of 7 holders — while 13 added to existing stakes and 10 trimmed.
The largest buyer was UBS Group, adding an estimated $851K. The largest seller was Guggenheim Capital, cutting an estimated $1.78M.
- 40 institutional investors held Madison Covered Call & Equity Strategy Fund (MCN) as of Q4 2022, up from 34 in Q3 2022.
- Funds reported $28.2M of Madison Covered Call & Equity Strategy Fund stock for Q4 2022, up 17% quarter-over-quarter.
- 10 funds opened new Madison Covered Call & Equity Strategy Fund positions in Q4 2022 and 3 closed out, a net change of +7 holders.
- The largest Madison Covered Call & Equity Strategy Fund buyer in Q4 2022 was UBS Group, an estimated $851K added.
- The largest Madison Covered Call & Equity Strategy Fund seller in Q4 2022 was Guggenheim Capital, an estimated $1.78M sold.
Based on aggregated 13F filings for Q4 2022.