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MCN

Madison Covered Call & Equity Strategy Fund

49 hedge funds and large institutions have $26.3M invested in Madison Covered Call & Equity Strategy Fund in 2025 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

140% more first-time investments, than exits

New positions opened: 12 | Existing positions closed: 5

23% more capital invested

Capital invested by funds: $21.4M → $26.3M (+$4.87M)

17% more funds holding

Funds holding: 4249 (+7)

17% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 12

3.55% more ownership

Funds ownership: 16.38%19.94% (+3.6%)

Holders
49
Holders Change
+7
Holders Change %
+16.67%
% of All Funds
0.65%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
12
Increased
14
Reduced
12
Closed
5
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
Osaic Holdings
1
Osaic Holdings
Arizona
$5.23M +$356K +60,626 +8%
SFS
2
Shaker Financial Services
Virginia
$2.88M +$572K +97,354 +27%
Wells Fargo
3
Wells Fargo
California
$2.62M +$1.44M +245,381 +141%
LPL Financial
4
LPL Financial
California
$1.54M +$21.2K +3,616 +1%
Morgan Stanley
5
Morgan Stanley
New York
$1.41M +$167K +28,487 +14%
Invesco
6
Invesco
Georgia
$1.3M +$1.23M +208,751 New
AIA
7
Absolute Investment Advisers
Florida
$1.27M +$928K +158,055 +349%
Raymond James Financial
8
Raymond James Financial
Florida
$1.16M -$263K -44,826 -19%
CWM
9
Centurion Wealth Management
Virginia
$1.09M +$12.5K +2,130 +1%
NAS
10
NWF Advisory Services
California
$755K -$11.7K -2,000 -2%
WEG
11
World Equity Group
Illinois
$620K +$45.1K +7,682 +8%
CPRC
12
Consolidated Portfolio Review Corp
New York
$578K -$9.16K -1,560 -2%
Calamos Advisors
13
Calamos Advisors
Illinois
$473K +$105K +17,954 +31%
QL
14
Quarry LP
New York
$438K +$412K +70,140 New
LCM
15
Landscape Capital Management
New Jersey
$385K +$159K +27,070 +78%
Cambridge Investment Research Advisors
16
Cambridge Investment Research Advisors
Iowa
$365K -$12.4K -2,113 -3%
Stifel Financial
17
Stifel Financial
Missouri
$357K -$36.1K -6,144 -10%
IWN
18
Independent Wealth Network
Iowa
$348K +$17.7K +3,021 +6%
Royal Bank of Canada
19
Royal Bank of Canada
Ontario, Canada
$329K +$49.3K +8,395 +19%
PAG
20
Private Advisor Group
New Jersey
$299K -$5.39K -918 -2%
PA
21
Procyon Advisors
Connecticut
$299K +$95.2K +16,216 +51%
DADC
22
D.A. Davidson & Co
Montana
$285K +$63.4K +10,789 +31%
Comerica Bank
23
Comerica Bank
Texas
$284K
GC
24
Guggenheim Capital
Illinois
$234K -$311K -53,005 -59%
ACM
25
Arlington Capital Management
Illinois
$182K +$171K +29,175 New

MCN Hedge Fund Activity: Q2 2025 in Review

49 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Madison Covered Call & Equity Strategy Fund (MCN) for Q2 2025, worth a combined $26.3M — up 23% from $21.4M a quarter earlier.

Buyers outnumbered sellers: 12 funds opened new MCN positions and 5 closed out — a net gain of 7 holders — while 14 added to existing stakes and 12 trimmed.

The largest buyer was Wells Fargo, adding an estimated $1.44M. The largest seller was UBS Group, cutting an estimated $473K.

  • 49 institutional investors held Madison Covered Call & Equity Strategy Fund (MCN) as of Q2 2025, up from 42 in Q1 2025.
  • Funds reported $26.3M of Madison Covered Call & Equity Strategy Fund stock for Q2 2025, up 23% quarter-over-quarter.
  • 12 funds opened new Madison Covered Call & Equity Strategy Fund positions in Q2 2025 and 5 closed out, a net change of +7 holders.
  • The largest Madison Covered Call & Equity Strategy Fund buyer in Q2 2025 was Wells Fargo, an estimated $1.44M added.
  • The largest Madison Covered Call & Equity Strategy Fund seller in Q2 2025 was UBS Group, an estimated $473K sold.

Based on aggregated 13F filings for Q2 2025.