We are live on ! Find out more
MCN

Madison Covered Call & Equity Strategy Fund

44 hedge funds and large institutions have $25.3M invested in Madison Covered Call & Equity Strategy Fund in 2020 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 21 increasing their positions, 7 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more repeat investments, than reductions

Existing positions increased: 21 | Existing positions reduced: 7

33% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 6

16% more capital invested

Capital invested by funds: $21.9M → $25.3M (+$3.45M)

5% more funds holding

Funds holding: 4244 (+2)

0.8% more ownership

Funds ownership: 20.65%21.44% (+0.8%)

Holders
44
Holders Change
+2
Holders Change %
+4.76%
% of All Funds
0.9%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
21
Reduced
7
Closed
6
Calls
$34K
Puts
Net Calls
+$34K
Net Calls Change
+$21K
Name Holding Trade Value Shares
Change
Change in
Stake
GC
1
Guggenheim Capital
Illinois
$3.37M -$1.22M -220,087 -27%
AAM
2
Advisors Asset Management
Colorado
$2.11M +$387K +69,746 +23%
CCP
3
Clough Capital Partners
Massachusetts
$1.7M +$197K +35,578 +13%
Invesco
4
Invesco
Georgia
$1.7M -$2.19K -395 -0.1%
1CP
5
1607 Capital Partners
Virginia
$1.65M +$69.9K +12,607 +5%
Wells Fargo
6
Wells Fargo
California
$1.64M +$13.4K +2,416 +0.8%
Morgan Stanley
7
Morgan Stanley
New York
$1.3M -$79.1K -14,274 -6%
SFS
8
Shaker Financial Services
Virginia
$1.21M +$344K +61,980 +41%
LPL Financial
9
LPL Financial
California
$1.18M -$834K -150,427 -42%
UBS Group
10
UBS Group
Switzerland
$878K -$5.79K -1,044 -0.7%
Bank of America
11
Bank of America
North Carolina
$863K -$356K -64,145 -30%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$663K -$131K -23,676 -17%
RJA
13
Raymond James & Associates
Florida
$660K +$36.9K +6,650 +6%
BBPWM
14
Blue Bell Private Wealth Management
Pennsylvania
$630K +$523K +94,408 +560%
Osaic Holdings
15
Osaic Holdings
Arizona
$558K +$257K +46,277 +88%
Thrivent Financial for Lutherans
16
Thrivent Financial for Lutherans
Minnesota
$546K +$537K +96,800 New
SIA
17
Sit Investment Associates
Minnesota
$523K +$364K +65,700 +242%
Envestnet Asset Management
18
Envestnet Asset Management
Illinois
$477K +$469K +84,652 New
COLIM
19
City of London Investment Management
United Kingdom
$440K
Cambridge Investment Research Advisors
20
Cambridge Investment Research Advisors
Iowa
$434K +$3.05K +550 +0.7%
MA
21
Mutual Advisors
Nebraska
$261K +$17.9K +3,225 +7%
WAM
22
Wolverine Asset Management
Illinois
$208K +$176K +31,729 +610%
AA
23
AQR Arbitrage
Connecticut
$185K +$117K +21,161 +183%
Citigroup
24
Citigroup
New York
$180K +$7.36K +1,328 +4%
M&T Bank
25
M&T Bank
New York
$172K +$188 +34 +0.1%

MCN Hedge Fund Activity: Q2 2020 in Review

44 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Madison Covered Call & Equity Strategy Fund (MCN) for Q2 2020, worth a combined $25.3M — up 16% from $21.9M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new MCN positions and 6 closed out — a net gain of 2 holders — while 21 added to existing stakes and 7 trimmed.

The largest buyer was Thrivent Financial for Lutherans, opening a new position worth an estimated $537K. The largest seller was Guggenheim Capital, cutting an estimated $1.22M.

  • 44 institutional investors held Madison Covered Call & Equity Strategy Fund (MCN) as of Q2 2020, up from 42 in Q1 2020.
  • Funds reported $25.3M of Madison Covered Call & Equity Strategy Fund stock for Q2 2020, up 16% quarter-over-quarter.
  • 8 funds opened new Madison Covered Call & Equity Strategy Fund positions in Q2 2020 and 6 closed out, a net change of +2 holders.
  • The largest Madison Covered Call & Equity Strategy Fund buyer in Q2 2020 was Thrivent Financial for Lutherans, an estimated $537K added.
  • The largest Madison Covered Call & Equity Strategy Fund seller in Q2 2020 was Guggenheim Capital, an estimated $1.22M sold.

Based on aggregated 13F filings for Q2 2020.