Madison Covered Call & Equity Strategy Fund
MCN
41 hedge funds and large institutions have $34.4M invested in Madison Covered Call & Equity Strategy Fund in 2021 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
3% more funds holding
Funds holding: 40 → 41 (+1)
3% more capital invested
Capital invested by funds: $33.4M → $34.4M (+$1.06M)
0.2% more ownership
Funds ownership: 20.28% → 20.48% (+0.2%)
31% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
+$1.14M |
| 2 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$304K |
| 3 |
BWM
BNC Wealth Management
Beaverton,
Oregon
|
+$104K |
| 4 |
NA
NewEdge Advisors
New Orleans,
Louisiana
|
+$103K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$96.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GC
Guggenheim Capital
Chicago,
Illinois
|
-$553K |
| 2 |
AAM
Advisors Asset Management
Monument,
Colorado
|
-$244K |
| 3 |
SWM
Spire Wealth Management
Mclean,
Virginia
|
-$168K |
| 4 |
Morgan Stanley
New York
|
-$166K |
| 5 |
PRS
Pinkerton Retirement Specialists
Coeur D Alene,
Idaho
|
-$154K |
MCN Hedge Fund Activity: Q4 2021 in Review
41 of the 6,499 institutional investors tracked by Wall St. Rank reported a position in Madison Covered Call & Equity Strategy Fund (MCN) for Q4 2021, worth a combined $34.4M — up 3.2% from $33.4M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new MCN positions and 4 closed out — a net gain of 1 holder — while 9 added to existing stakes and 13 trimmed.
The largest buyer was Osaic Holdings, adding an estimated $1.14M. The largest seller was Guggenheim Capital, cutting an estimated $553K.
- 41 institutional investors held Madison Covered Call & Equity Strategy Fund (MCN) as of Q4 2021, up from 40 in Q3 2021.
- Funds reported $34.4M of Madison Covered Call & Equity Strategy Fund stock for Q4 2021, up 3.2% quarter-over-quarter.
- 5 funds opened new Madison Covered Call & Equity Strategy Fund positions in Q4 2021 and 4 closed out, a net change of +1 holder.
- The largest Madison Covered Call & Equity Strategy Fund buyer in Q4 2021 was Osaic Holdings, an estimated $1.14M added.
- The largest Madison Covered Call & Equity Strategy Fund seller in Q4 2021 was Guggenheim Capital, an estimated $553K sold.
Based on aggregated 13F filings for Q4 2021.