Madison Covered Call & Equity Strategy Fund
MCN
40 hedge funds and large institutions have $46.6M invested in Madison Covered Call & Equity Strategy Fund in 2021 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 13 reducing their positions, and 4 closing their positions.
40% more capital invested
Capital invested by funds: $33.2M → $46.6M (+$13.4M)
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
3% more funds holding
Funds holding: 39 → 40 (+1)
0% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 13
0.26% less ownership
Funds ownership: 20.95% → 20.69% (-0.26%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$719K |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$145K |
| 3 |
AAS
Avantax Advisory Services
Dallas,
Texas
|
+$93.7K |
| 4 |
LNWWM
Laird Norton Wetherby Wealth Management
San Francisco,
California
|
+$84.5K |
| 5 |
HH
Hilltop Holdings
Dallas,
Texas
|
+$83.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$763K |
| 2 |
Morgan Stanley
New York
|
-$330K |
| 3 |
Wells Fargo
San Francisco,
California
|
-$318K |
| 4 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$86K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$75.9K |
MCN Hedge Fund Activity: Q2 2021 in Review
40 of the 5,767 institutional investors tracked by Wall St. Rank reported a position in Madison Covered Call & Equity Strategy Fund (MCN) for Q2 2021, worth a combined $46.6M — up 40% from $33.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new MCN positions and 4 closed out — a net gain of 1 holder — while 13 added to existing stakes and 13 trimmed.
The largest buyer was Osaic Holdings, adding an estimated $719K. The largest seller was Thrivent Financial for Lutherans, cutting an estimated $763K.
- 40 institutional investors held Madison Covered Call & Equity Strategy Fund (MCN) as of Q2 2021, up from 39 in Q1 2021.
- Funds reported $46.6M of Madison Covered Call & Equity Strategy Fund stock for Q2 2021, up 40% quarter-over-quarter.
- 5 funds opened new Madison Covered Call & Equity Strategy Fund positions in Q2 2021 and 4 closed out, a net change of +1 holder.
- The largest Madison Covered Call & Equity Strategy Fund buyer in Q2 2021 was Osaic Holdings, an estimated $719K added.
- The largest Madison Covered Call & Equity Strategy Fund seller in Q2 2021 was Thrivent Financial for Lutherans, an estimated $763K sold.
Based on aggregated 13F filings for Q2 2021.