We are live on ! Find out more
MCN

Madison Covered Call & Equity Strategy Fund
MCN

44 hedge funds and large institutions have $26.5M invested in Madison Covered Call & Equity Strategy Fund in 2024 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 11 increasing their positions, 17 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 5

13% more funds holding

Funds holding: 39 → 44 (+5)

0.41% less ownership

Funds ownership: 18.14% → 17.74% (-0.41%)

9% less capital invested

Capital invested by funds: $29.1M → $26.5M (-$2.57M)

35% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 17

Holders
44
Holders Change
+5
Holders Change %
+12.82%
% of All Funds
0.63%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
10
Increased
11
Reduced
17
Closed
5
Calls
–
Puts
–
Net Calls
–
Net Calls Change
–

Top Buyers

Rank Fund Capital Flow
1
CPRC
Consolidated Portfolio Review Corp
New York
+$622K
2
DADC
D.A. Davidson & Co
Montana
+$217K
3
Jane Street
Jane Street
New York
+$196K
4
IAIM
International Assets Investment Management
Florida
+$151K
5
VF
Virtu Financial
New York
+$88K

Top Sellers

Rank Fund Capital Flow
1
RJFSA
Raymond James Financial Services Advisors
Florida
-$1.03M
2
Invesco
Invesco
Georgia
-$985K
3
Morgan Stanley
Morgan Stanley
New York
-$769K
4
RJT
Raymond James Trust
Florida
-$212K
5
NAS
NWF Advisory Services
California
-$164K
Name Holding Trade Value Shares
Change 		Change in
Stake
HH
26
Hilltop Holdings
Texas
$169K -$5.8K -800 -3%
EM
27
ELCO Management
New York
$158K -$7.25K -1,000 -4%
LMKC
28
L.M. Kohn & Company
Ohio
$157K +$36.6K +5,050 +30%
SWP
29
Stratos Wealth Partners
Ohio
$148K +$862 +119 +0.6%
TA
30
TKG Advisors
Indiana
$128K – – –
Susquehanna International Group
31
Susquehanna International Group
Pennsylvania
$92.7K -$39.2K -5,411 -29%
Janney Montgomery Scott
32
Janney Montgomery Scott
Pennsylvania
$92K – – –
VF
33
Virtu Financial
New York
$86K +$88K +12,140 New
Goldman Sachs
34
Goldman Sachs
New York
$79.7K +$81.2K +11,200 New
SCA
35
Stonebridge Capital Advisors
Minnesota
$71.2K – – –
NA
36
NewEdge Advisors
Louisiana
$47.5K – – –
BWP
37
Baldwin Wealth Partners
Massachusetts
$35.6K – – –
HNB
38
Huntington National Bank
Ohio
$35.6K – – –
RCM
39
Raleigh Capital Management
North Carolina
$21.6K -$13.6K -1,878 -38%
OC
40
Oarsman Capital
Wisconsin
$21.4K +$21.7K +3,000 New
WAM
41
Wolverine Asset Management
Illinois
$21K +$21.4K +2,949 New
TCG
42
Transcendent Capital Group
Oklahoma
$17.2K +$87 +12 +0.5%
CA
43
CoreCap Advisors
Michigan
$10.7K +$10.9K +1,500 New
IAIM
44
International Assets Investment Management
Florida
$3.4K +$151K +20,808 +612%
TRCT
45
Tower Research Capital (TRC)
New York
$1.47K +$1.49K +206 New
RJT
46
Raymond James Trust
Florida
– -$212K -27,923 Closed
FAIM
47
Financial Advocates Investment Management
Washington
– -$91.7K -12,063 Closed
CIBC Private Wealth Group
48
CIBC Private Wealth Group
Georgia
– -$27.3K -3,775 Closed
Bank of America
49
Bank of America
North Carolina
– -$6.48K -853 Closed
Fidelity Investments
50
Fidelity Investments
Massachusetts
– -$8 -1 Closed
1
2

MCN Hedge Fund Activity: Q3 2024 in Review

44 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Madison Covered Call & Equity Strategy Fund (MCN) for Q3 2024, worth a combined $26.5M — down 8.8% from $29.1M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new MCN positions and 5 closed out — a net gain of 5 holders — while 11 added to existing stakes and 17 trimmed.

The largest buyer was Consolidated Portfolio Review Corp, opening a new position worth an estimated $622K. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $1.03M.

  • 44 institutional investors held Madison Covered Call & Equity Strategy Fund (MCN) as of Q3 2024, up from 39 in Q2 2024.
  • Funds reported $26.5M of Madison Covered Call & Equity Strategy Fund stock for Q3 2024, down 8.8% quarter-over-quarter.
  • 10 funds opened new Madison Covered Call & Equity Strategy Fund positions in Q3 2024 and 5 closed out, a net change of +5 holders.
  • The largest Madison Covered Call & Equity Strategy Fund buyer in Q3 2024 was Consolidated Portfolio Review Corp, an estimated $622K added.
  • The largest Madison Covered Call & Equity Strategy Fund seller in Q3 2024 was Raymond James Financial Services Advisors, an estimated $1.03M sold.

Based on aggregated 13F filings for Q3 2024.