ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN
MORL
MORL was delisted on the 24th of March, 2020.
8 hedge funds and large institutions have $4.91M invested in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN in 2014 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 3 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
7% less capital invested
Capital invested by funds: $5.28M → $4.91M (-$375K)
11% less funds holding
Funds holding: 9 → 8 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$536K |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$211K |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
+$21 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$814K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$405K |
| 3 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
-$380K |
| 4 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
-$219K |
| 5 |
ACP
Aviance Capital Partners
Naples,
Florida
|
-$103K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Creative Planning
Overland Park,
Kansas
| $2.62M | +$211K | +10,000 | +9% |
|
|
2
Morgan Stanley
New York
| $879K | +$536K | +25,400 | +155% |
|
|
ACP
3
Aviance Capital Partners
Naples,
Florida
| $758K | -$103K | -4,865 | -12% |
|
|
CI
4
CAZ Investments
Houston,
Texas
| $637K | +$640K | +30,299 | New |
|
|
CFA
5
Carroll Financial Associates
Charlotte,
North Carolina
| $8K | -$380K | -18,000 | -98% |
|
6
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $6K | – | – | – |
|
|
CTC
7
Central Trust Company
Jefferson City,
Missouri
| $2K | – | – | – |
|
|
8
Jane Street
New York
| – | -$814K | -40,582 | Closed |
|
|
9
Citadel Advisors
Miami,
Florida
| – | -$405K | -20,208 | Closed |
|
|
JIP
10
Jaffetilchin Investment Partners
Tampa,
Florida
| – | -$219K | -10,897 | Closed |
|
|
11
Parallax Volatility Advisers
San Francisco,
California
| – | +$21 | +1 | New |
|
MORL Hedge Fund Activity: Q4 2014 in Review
8 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) for Q4 2014, worth a combined $4.91M — down 7.1% from $5.28M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of MORL and 2 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 2 added.
The largest buyer was Morgan Stanley, adding an estimated $536K. The largest seller was Jane Street, exiting entirely with an estimated $814K sold.
- 8 institutional investors held ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) as of Q4 2014, down from 9 in Q3 2014.
- Funds reported $4.91M of ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN stock for Q4 2014, down 7.1% quarter-over-quarter.
- 2 funds opened new ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN positions in Q4 2014 and 3 closed out, a net change of -1 holder.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN buyer in Q4 2014 was Morgan Stanley, an estimated $536K added.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN seller in Q4 2014 was Jane Street, an estimated $814K sold.
Based on aggregated 13F filings for Q4 2014.