Madison Covered Call & Equity Strategy Fund
MCN
49 hedge funds and large institutions have $26.3M invested in Madison Covered Call & Equity Strategy Fund in 2025 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 5 closing their positions.
140% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 5
23% more capital invested
Capital invested by funds: $21.4M → $26.3M (+$4.87M)
17% more funds holding
Funds holding: 42 → 49 (+7)
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
3.55% more ownership
Funds ownership: 16.38% → 19.94% (+3.6%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wells Fargo
San Francisco,
California
|
+$1.44M |
| 2 |
Invesco
Atlanta,
Georgia
|
+$1.23M |
| 3 |
AIA
Absolute Investment Advisers
Rosemary Beach,
Florida
|
+$928K |
| 4 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$572K |
| 5 |
QL
Quarry LP
New York
|
+$412K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
-$473K |
| 2 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$311K |
| 3 |
Raymond James Financial
St Petersburg,
Florida
|
-$263K |
| 4 |
AWS
Atria Wealth Solutions
New York
|
-$197K |
| 5 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$126K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SFS
51
Sowell Financial Services
North Little Rock,
Arkansas
| – | -$126K | -20,474 | Closed |
|
52
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$118K | -19,235 | Closed |
|
53
Bank of New York Mellon
New York
| – | -$104K | -16,884 | Closed |
|
|
EC
54
Elequin Capital
New York
| – | -$10.3K | -1,680 | Closed |
|
MCN Hedge Fund Activity: Q2 2025 in Review
49 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Madison Covered Call & Equity Strategy Fund (MCN) for Q2 2025, worth a combined $26.3M — up 23% from $21.4M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new MCN positions and 5 closed out — a net gain of 7 holders — while 14 added to existing stakes and 12 trimmed.
The largest buyer was Wells Fargo, adding an estimated $1.44M. The largest seller was UBS Group, cutting an estimated $473K.
- 49 institutional investors held Madison Covered Call & Equity Strategy Fund (MCN) as of Q2 2025, up from 42 in Q1 2025.
- Funds reported $26.3M of Madison Covered Call & Equity Strategy Fund stock for Q2 2025, up 23% quarter-over-quarter.
- 12 funds opened new Madison Covered Call & Equity Strategy Fund positions in Q2 2025 and 5 closed out, a net change of +7 holders.
- The largest Madison Covered Call & Equity Strategy Fund buyer in Q2 2025 was Wells Fargo, an estimated $1.44M added.
- The largest Madison Covered Call & Equity Strategy Fund seller in Q2 2025 was UBS Group, an estimated $473K sold.
Based on aggregated 13F filings for Q2 2025.