Madison Covered Call & Equity Strategy Fund
MCN
40 hedge funds and large institutions have $33.4M invested in Madison Covered Call & Equity Strategy Fund in 2021 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 0 closing their positions.
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
0% more funds holding
Funds holding: 40 → 40 (0)
0.41% less ownership
Funds ownership: 20.69% → 20.28% (-0.41%)
28% less capital invested
Capital invested by funds: $46.6M → $33.4M (-$13.2M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$449K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$110K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$76.5K |
| 4 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$69.3K |
| 5 |
SWM
Spire Wealth Management
Mclean,
Virginia
|
+$46.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$449K |
| 2 |
Wells Fargo
San Francisco,
California
|
-$369K |
| 3 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$238K |
| 4 |
Thrivent Financial for Lutherans
Minneapolis,
Minnesota
|
-$214K |
| 5 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$112K |
MCN Hedge Fund Activity: Q3 2021 in Review
40 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Madison Covered Call & Equity Strategy Fund (MCN) for Q3 2021, worth a combined $33.4M — down 28% from $46.6M a quarter earlier.
Fund positioning in MCN was balanced in Q3 2021: 0 funds opened new positions, 0 closed out, 14 added to existing stakes and 12 trimmed.
The largest buyer was Osaic Holdings, adding an estimated $449K. The largest seller was Morgan Stanley, cutting an estimated $449K.
- 40 institutional investors held Madison Covered Call & Equity Strategy Fund (MCN) as of Q3 2021, unchanged from Q2 2021.
- Funds reported $33.4M of Madison Covered Call & Equity Strategy Fund stock for Q3 2021, down 28% quarter-over-quarter.
- 0 funds opened new Madison Covered Call & Equity Strategy Fund positions in Q3 2021 and 0 closed out.
- The largest Madison Covered Call & Equity Strategy Fund buyer in Q3 2021 was Osaic Holdings, an estimated $449K added.
- The largest Madison Covered Call & Equity Strategy Fund seller in Q3 2021 was Morgan Stanley, an estimated $449K sold.
Based on aggregated 13F filings for Q3 2021.