ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN
MORL
MORL was delisted on the 24th of March, 2020.
13 hedge funds and large institutions have $7.34M invested in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN in 2015 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 8 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
28% less funds holding
Funds holding: 18 → 13 (-5)
39% less capital invested
Capital invested by funds: $12.1M → $7.34M (-$4.77M)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.77M |
| 2 |
Jane Street
New York
|
+$352K |
| 3 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$132K |
| 4 |
Barclays
London,
United Kingdom
|
+$22K |
| 5 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
+$6.89K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bessemer Group
Woodbridge,
New Jersey
|
-$4.75M |
| 2 |
VF
Virtu Financial
New York
|
-$847K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$430K |
| 4 |
ICM
Ionic Capital Management
New York
|
-$385K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$174K |
MORL Hedge Fund Activity: Q4 2015 in Review
13 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) for Q4 2015, worth a combined $7.34M — down 39% from $12.1M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MORL and 3 opened new positions — a net loss of 5 holders — while 2 trimmed existing stakes and 5 added.
The largest buyer was Susquehanna International Group, adding an estimated $1.77M. The largest seller was Bessemer Group, exiting entirely with an estimated $4.75M sold.
- 13 institutional investors held ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) as of Q4 2015, down from 18 in Q3 2015.
- Funds reported $7.34M of ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN stock for Q4 2015, down 39% quarter-over-quarter.
- 3 funds opened new ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN positions in Q4 2015 and 8 closed out, a net change of -5 holders.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN buyer in Q4 2015 was Susquehanna International Group, an estimated $1.77M added.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN seller in Q4 2015 was Bessemer Group, an estimated $4.75M sold.
Based on aggregated 13F filings for Q4 2015.