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MCN

Madison Covered Call & Equity Strategy Fund

39 hedge funds and large institutions have $28.4M invested in Madison Covered Call & Equity Strategy Fund in 2022 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 10 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more repeat investments, than reductions

Existing positions increased: 15 | Existing positions reduced: 10

0.07% more ownership

Funds ownership: 19.91%19.98% (+0.07%)

0% more funds holding

Funds holding: 3939 (0)

0% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 5

15% less capital invested

Capital invested by funds: $33.4M → $28.4M (-$5.03M)

Holders
39
Holders Change
Holders Change %
0%
% of All Funds
0.66%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
15
Reduced
10
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$6.78M +$277K +38,387 +4%
Osaic Holdings
2
Osaic Holdings
Arizona
$6.08M +$893K +123,733 +16%
GC
3
Guggenheim Capital
Illinois
$3.69M -$114K -15,751 -3%
LPL Financial
4
LPL Financial
California
$1.33M +$154K +21,320 +12%
SWM
5
Spire Wealth Management
Virginia
$1.33M -$1.42M -196,529 -50%
UBS Group
6
UBS Group
Switzerland
$1.18M +$296K +41,033 +31%
Invesco
7
Invesco
Georgia
$1.02M +$51.4K +7,119 +5%
AAM
8
Advisors Asset Management
Colorado
$752K -$739K -102,433 -48%
Wells Fargo
9
Wells Fargo
California
$710K -$4K -555 -0.5%
Bank of America
10
Bank of America
North Carolina
$549K -$73K -10,120 -11%
WEG
11
World Equity Group
Illinois
$524K +$62.9K +8,717 +13%
SFS
12
Shaker Financial Services
Virginia
$466K +$496K +68,708 New
Royal Bank of Canada
13
Royal Bank of Canada
Ontario, Canada
$419K -$65.1K -9,016 -13%
Cambridge Investment Research Advisors
14
Cambridge Investment Research Advisors
Iowa
$407K -$6.42K -889 -1%
Stifel Financial
15
Stifel Financial
Missouri
$338K +$1.55K +215 +0.4%
MA
16
Mutual Advisors
Nebraska
$322K
PA
17
Procyon Advisors
Connecticut
$314K +$40.4K +5,600 +14%
RJFSA
18
Raymond James Financial Services Advisors
Florida
$277K +$59.2K +8,200 +25%
HH
19
Hilltop Holdings
Texas
$206K
DA
20
Doliver Advisors
Texas
$197K +$209K +29,003 New
PAG
21
Private Advisor Group
New Jersey
$179K +$7.22K +1,000 +4%
FLPIM
22
F.L. Putnam Investment Management
Massachusetts
$172K -$2.89K -400 -2%
RJA
23
Raymond James & Associates
Florida
$130K +$18.9K +2,616 +16%
Commonwealth Equity Services
24
Commonwealth Equity Services
Massachusetts
$129K -$8.39K -1,162 -6%
LMKC
25
L.M. Kohn & Company
Ohio
$125K +$19.5K +2,700 +17%

MCN Hedge Fund Activity: Q2 2022 in Review

39 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Madison Covered Call & Equity Strategy Fund (MCN) for Q2 2022, worth a combined $28.4M — down 15% from $33.4M a quarter earlier.

Fund positioning in MCN was balanced in Q2 2022: 5 funds opened new positions, 5 closed out, 15 added to existing stakes and 10 trimmed.

The largest buyer was Osaic Holdings, adding an estimated $893K. The largest seller was Spire Wealth Management, cutting an estimated $1.42M.

  • 39 institutional investors held Madison Covered Call & Equity Strategy Fund (MCN) as of Q2 2022, unchanged from Q1 2022.
  • Funds reported $28.4M of Madison Covered Call & Equity Strategy Fund stock for Q2 2022, down 15% quarter-over-quarter.
  • 5 funds opened new Madison Covered Call & Equity Strategy Fund positions in Q2 2022 and 5 closed out, a net change of 0 holders.
  • The largest Madison Covered Call & Equity Strategy Fund buyer in Q2 2022 was Osaic Holdings, an estimated $893K added.
  • The largest Madison Covered Call & Equity Strategy Fund seller in Q2 2022 was Spire Wealth Management, an estimated $1.42M sold.

Based on aggregated 13F filings for Q2 2022.