ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN
MORL
MORL was delisted on the 24th of March, 2020.
18 hedge funds and large institutions have $12.1M invested in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN in 2015 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 4 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
59% more capital invested
Capital invested by funds: $7.6M → $12.1M (+$4.52M)
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
13% more funds holding
Funds holding: 16 → 18 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
+$2.88M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.26M |
| 3 |
VF
Virtu Financial
New York
|
+$940K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$478K |
| 5 |
Jane Street
New York
|
+$436K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACP
Aviance Capital Partners
Naples,
Florida
|
-$471K |
| 2 |
Morgan Stanley
New York
|
-$107K |
| 3 |
PCM
Prelude Capital Management
New York
|
-$17K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$5K |
| 5 |
AIG
American International Group
New York
|
-$1.25K |
MORL Hedge Fund Activity: Q3 2015 in Review
18 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) for Q3 2015, worth a combined $12.1M — up 59% from $7.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MORL positions and 4 closed out — a net gain of 2 holders — while 5 added to existing stakes and 2 trimmed.
The largest buyer was Bessemer Group, adding an estimated $2.88M. The largest seller was Aviance Capital Partners, cutting an estimated $471K.
- 18 institutional investors held ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) as of Q3 2015, up from 16 in Q2 2015.
- Funds reported $12.1M of ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN stock for Q3 2015, up 59% quarter-over-quarter.
- 6 funds opened new ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN positions in Q3 2015 and 4 closed out, a net change of +2 holders.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN buyer in Q3 2015 was Bessemer Group, an estimated $2.88M added.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN seller in Q3 2015 was Aviance Capital Partners, an estimated $471K sold.
Based on aggregated 13F filings for Q3 2015.