ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN
MORL
MORL was delisted on the 24th of March, 2020.
4 hedge funds and large institutions have $1.74M invested in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN in 2013 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 1 closing their positions.
118% more capital invested
Capital invested by funds: $795K → $1.74M (+$940K)
20% less funds holding
Funds holding: 5 → 4 (-1)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Creative Planning
Overland Park,
Kansas
|
+$1.43M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
-$335K |
| 2 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
-$144K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$18.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Creative Planning
Overland Park,
Kansas
| $1.46M | +$1.43M | +76,900 | +76,900% |
|
|
CFA
2
Carroll Financial Associates
Charlotte,
North Carolina
| $252K | -$144K | -7,750 | -37% |
|
|
3
Royal Bank of Canada
Toronto,
Ontario, Canada
| $14K | -$18.6K | -1,000 | -57% |
|
4
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $6K | – | – | – |
|
|
5
Nomura Holdings
Tokyo,
Japan
| – | -$335K | -16,972 | Closed |
|
MORL Hedge Fund Activity: Q4 2013 in Review
4 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) for Q4 2013, worth a combined $1.74M — up 118% from $795K a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of MORL and 0 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 1 added.
The largest buyer was Creative Planning, adding an estimated $1.43M. The largest seller was Nomura Holdings, exiting entirely with an estimated $335K sold.
- 4 institutional investors held ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) as of Q4 2013, down from 5 in Q3 2013.
- Funds reported $1.74M of ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN stock for Q4 2013, up 118% quarter-over-quarter.
- 0 funds opened new ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN positions in Q4 2013 and 1 closed out, a net change of -1 holder.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN buyer in Q4 2013 was Creative Planning, an estimated $1.43M added.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN seller in Q4 2013 was Nomura Holdings, an estimated $335K sold.
Based on aggregated 13F filings for Q4 2013.