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MCN

Madison Covered Call & Equity Strategy Fund

36 hedge funds and large institutions have $23.4M invested in Madison Covered Call & Equity Strategy Fund in 2024 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 12 increasing their positions, 14 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

1.5% less ownership

Funds ownership: 17.74%16.24% (-1.5%)

12% less capital invested

Capital invested by funds: $26.5M → $23.4M (-$3.14M)

14% less repeat investments, than reductions

Existing positions increased: 12 | Existing positions reduced: 14

18% less funds holding

Funds holding: 4436 (-8)

55% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 11

Holders
36
Holders Change
-8
Holders Change %
-18.18%
% of All Funds
0.47%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
12
Reduced
14
Closed
11
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Osaic Holdings
1
Osaic Holdings
Arizona
$5.28M -$64.6K -9,283 -1%
AWS
2
Atria Wealth Solutions
New York
$1.63M +$1.48M +212,745 +715%
LPL Financial
3
LPL Financial
California
$1.61M -$71.9K -10,320 -4%
UBS Group
4
UBS Group
Switzerland
$1.61M -$734K -105,400 -31%
Raymond James Financial
5
Raymond James Financial
Florida
$1.56M +$1.61M +231,778 New
Morgan Stanley
6
Morgan Stanley
New York
$1.47M -$829K -119,009 -35%
SFS
7
Shaker Financial Services
Virginia
$1.3M +$1.35M +193,217 New
WEG
8
World Equity Group
Illinois
$1.28M +$690K +99,035 +108%
CWM
9
Centurion Wealth Management
Virginia
$1.15M +$7.65K +1,099 +0.6%
GC
10
Guggenheim Capital
Illinois
$859K -$359K -51,571 -29%
Wells Fargo
11
Wells Fargo
California
$742K +$18.5K +2,663 +2%
CPRC
12
Consolidated Portfolio Review Corp
New York
$600K +$24.9K +3,576 +4%
Stifel Financial
13
Stifel Financial
Missouri
$430K -$9.28K -1,333 -2%
TCG
14
Transcendent Capital Group
Oklahoma
$413K +$16.9K +2,432 +101%
Cambridge Investment Research Advisors
15
Cambridge Investment Research Advisors
Iowa
$389K -$22.7K -3,262 -5%
IWN
16
Independent Wealth Network
Iowa
$339K +$40.8K +5,863 +13%
PAG
17
Private Advisor Group
New Jersey
$328K +$16.7K +2,403 +5%
Comerica Bank
18
Comerica Bank
Texas
$315K -$13.9K -2,000 -4%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$280K -$1.83K -263 -0.6%
DADC
20
D.A. Davidson & Co
Montana
$220K +$19.6K +2,818 +9%
PA
21
Procyon Advisors
Connecticut
$211K -$3.48K -500 -2%
SWP
22
Stratos Wealth Partners
Ohio
$196K +$58.8K +8,441 +41%
HH
23
Hilltop Holdings
Texas
$167K +$8.36K +1,200 +5%
Invesco
24
Invesco
Georgia
$155K -$446K -64,081 -74%
EM
25
ELCO Management
New York
$148K -$1.39K -200 -0.9%

MCN Hedge Fund Activity: Q4 2024 in Review

36 of the 7,592 institutional investors tracked by Wall St. Rank reported a position in Madison Covered Call & Equity Strategy Fund (MCN) for Q4 2024, worth a combined $23.4M — down 12% from $26.5M a quarter earlier.

Sellers outnumbered buyers: 11 funds closed out of MCN and 5 opened new positions — a net loss of 6 holders — while 14 trimmed existing stakes and 12 added.

The largest buyer was Atria Wealth Solutions, adding an estimated $1.48M. The largest seller was NWF Advisory Services, exiting entirely with an estimated $1.08M sold.

  • 36 institutional investors held Madison Covered Call & Equity Strategy Fund (MCN) as of Q4 2024, down from 44 in Q3 2024.
  • Funds reported $23.4M of Madison Covered Call & Equity Strategy Fund stock for Q4 2024, down 12% quarter-over-quarter.
  • 5 funds opened new Madison Covered Call & Equity Strategy Fund positions in Q4 2024 and 11 closed out, a net change of -6 holders.
  • The largest Madison Covered Call & Equity Strategy Fund buyer in Q4 2024 was Atria Wealth Solutions, an estimated $1.48M added.
  • The largest Madison Covered Call & Equity Strategy Fund seller in Q4 2024 was NWF Advisory Services, an estimated $1.08M sold.

Based on aggregated 13F filings for Q4 2024.