ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN
MORL
MORL was delisted on the 24th of March, 2020.
7 hedge funds and large institutions have $4.01M invested in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 8 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
45% less capital invested
Capital invested by funds: $7.34M → $4.01M (-$3.34M)
46% less funds holding
Funds holding: 13 → 7 (-6)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$509K |
| 2 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$77.5K |
| 3 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
+$11.8K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
+$6.95K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.76M |
| 2 |
Jane Street
New York
|
-$866K |
| 3 |
SBIA
Sheaff Brock Investment Advisors
Indianapolis,
Indiana
|
-$173K |
| 4 |
ACP
Aviance Capital Partners
Naples,
Florida
|
-$143K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$27K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Creative Planning
Overland Park,
Kansas
| $2.53M | +$6.95K | +600 | +0.3% |
|
|
BCM
2
Brookstone Capital Management
Wheaton,
Illinois
| $584K | +$509K | +44,000 | New |
|
|
SPC
3
Sigma Planning Corp
Ann Arbor,
Michigan
| $539K | +$77.5K | +6,700 | +20% |
|
|
CFA
4
Carroll Financial Associates
Charlotte,
North Carolina
| $327K | -$9.26K | -800 | -3% |
|
|
5
Fifth Third Bancorp
Cincinnati,
Ohio
| $13K | +$11.8K | +1,016 | New |
|
|
WA
6
WFG Advisors
Dallas,
Texas
| $11K | – | – | – |
|
|
7
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$2.76M | -208,025 | Closed |
|
|
8
Jane Street
New York
| – | -$866K | -65,192 | Closed |
|
|
SBIA
9
Sheaff Brock Investment Advisors
Indianapolis,
Indiana
| – | -$173K | -13,029 | Closed |
|
|
ACP
10
Aviance Capital Partners
Naples,
Florida
| – | -$143K | -10,800 | Closed |
|
|
IA
11
IFP Advisors
Tampa,
Florida
| – | -$27K | -2,057 | Closed |
|
12
Barclays
London,
United Kingdom
| – | -$20K | -1,600 | Closed |
|
|
AIG
13
American International Group
New York
| – | -$16K | -1,172 | Closed |
|
|
EWM
14
Evercore Wealth Management
New York
| – | -$11K | -796 | Closed |
|
MORL Hedge Fund Activity: Q1 2016 in Review
7 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) for Q1 2016, worth a combined $4.01M — down 45% from $7.34M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of MORL and 2 opened new positions — a net loss of 6 holders — while 1 trimmed existing stakes and 2 added.
The largest buyer was Brookstone Capital Management, opening a new position worth an estimated $509K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $2.76M sold.
- 7 institutional investors held ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) as of Q1 2016, down from 13 in Q4 2015.
- Funds reported $4.01M of ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN stock for Q1 2016, down 45% quarter-over-quarter.
- 2 funds opened new ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN positions in Q1 2016 and 8 closed out, a net change of -6 holders.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN buyer in Q1 2016 was Brookstone Capital Management, an estimated $509K added.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN seller in Q1 2016 was Susquehanna International Group, an estimated $2.76M sold.
Based on aggregated 13F filings for Q1 2016.