Madison Covered Call & Equity Strategy Fund
MCN
44 hedge funds and large institutions have $26.5M invested in Madison Covered Call & Equity Strategy Fund in 2024 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 17 reducing their positions, and 5 closing their positions.
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
13% more funds holding
Funds holding: 39 → 44 (+5)
0.5% less ownership
Funds ownership: 18.14% → 17.64% (-0.5%)
9% less capital invested
Capital invested by funds: $29.1M → $26.5M (-$2.54M)
41% less repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPRC
Consolidated Portfolio Review Corp
Woodbury,
New York
|
+$622K |
| 2 |
DADC
D.A. Davidson & Co
Great Falls,
Montana
|
+$217K |
| 3 |
Jane Street
New York
|
+$196K |
| 4 |
VF
Virtu Financial
New York
|
+$88K |
| 5 |
Goldman Sachs
New York
|
+$81.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RJFSA
Raymond James Financial Services Advisors
St. Petersburg,
Florida
|
-$1.03M |
| 2 |
Invesco
Atlanta,
Georgia
|
-$985K |
| 3 |
Morgan Stanley
New York
|
-$769K |
| 4 |
RJT
Raymond James Trust
St. Petersburg,
Florida
|
-$212K |
| 5 |
NAS
NWF Advisory Services
Los Angeles,
California
|
-$164K |
MCN Hedge Fund Activity: Q3 2024 in Review
44 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Madison Covered Call & Equity Strategy Fund (MCN) for Q3 2024, worth a combined $26.5M — down 8.8% from $29.1M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new MCN positions and 5 closed out — a net gain of 5 holders — while 10 added to existing stakes and 17 trimmed.
The largest buyer was Consolidated Portfolio Review Corp, opening a new position worth an estimated $622K. The largest seller was Raymond James Financial Services Advisors, cutting an estimated $1.03M.
- 44 institutional investors held Madison Covered Call & Equity Strategy Fund (MCN) as of Q3 2024, up from 39 in Q2 2024.
- Funds reported $26.5M of Madison Covered Call & Equity Strategy Fund stock for Q3 2024, down 8.8% quarter-over-quarter.
- 10 funds opened new Madison Covered Call & Equity Strategy Fund positions in Q3 2024 and 5 closed out, a net change of +5 holders.
- The largest Madison Covered Call & Equity Strategy Fund buyer in Q3 2024 was Consolidated Portfolio Review Corp, an estimated $622K added.
- The largest Madison Covered Call & Equity Strategy Fund seller in Q3 2024 was Raymond James Financial Services Advisors, an estimated $1.03M sold.
Based on aggregated 13F filings for Q3 2024.