ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN
MORL
MORL was delisted on the 24th of March, 2020.
12 hedge funds and large institutions have $4.86M invested in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 1 closing their positions.
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
71% more funds holding
Funds holding: 7 → 12 (+5)
21% more capital invested
Capital invested by funds: $4.01M → $4.86M (+$849K)
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$271K |
| 2 |
Morgan Stanley
New York
|
+$163K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$29.9K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
+$15.1K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
+$13.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
-$209K |
| 2 |
Fifth Third Bancorp
Cincinnati,
Ohio
|
-$13K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Creative Planning
Overland Park,
Kansas
| $2.89M | +$13.7K | +1,000 | +0.5% |
|
|
BCM
2
Brookstone Capital Management
Wheaton,
Illinois
| $662K | – | – | – |
|
|
SPC
3
Sigma Planning Corp
Ann Arbor,
Michigan
| $611K | – | – | – |
|
|
4
Jane Street
New York
| $297K | +$271K | +19,709 | New |
|
|
5
Morgan Stanley
New York
| $179K | +$163K | +11,889 | New |
|
|
CFA
6
Carroll Financial Associates
Charlotte,
North Carolina
| $142K | -$209K | -15,200 | -62% |
|
|
7
Royal Bank of Canada
Toronto,
Ontario, Canada
| $33K | +$29.9K | +2,180 | New |
|
|
IA
8
IFP Advisors
Tampa,
Florida
| $17K | +$15.1K | +1,102 | New |
|
|
WA
9
WFG Advisors
Dallas,
Texas
| $13K | – | – | – |
|
|
FNBT
10
FineMark National Bank & Trust
Fort Myers,
Florida
| $9K | +$8.24K | +600 | New |
|
11
Bank of Montreal
Toronto,
Ontario, Canada
| $5K | +$4.19K | +305 | New |
|
|
12
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$13K | -1,016 | Closed |
|
MORL Hedge Fund Activity: Q2 2016 in Review
12 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) for Q2 2016, worth a combined $4.86M — up 21% from $4.01M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MORL positions and 1 closed out — a net gain of 5 holders — while 1 added to existing stakes and 1 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $271K. The largest seller was Carroll Financial Associates, cutting an estimated $209K.
- 12 institutional investors held ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) as of Q2 2016, up from 7 in Q1 2016.
- Funds reported $4.86M of ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN stock for Q2 2016, up 21% quarter-over-quarter.
- 6 funds opened new ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN positions in Q2 2016 and 1 closed out, a net change of +5 holders.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN buyer in Q2 2016 was Jane Street, an estimated $271K added.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN seller in Q2 2016 was Carroll Financial Associates, an estimated $209K sold.
Based on aggregated 13F filings for Q2 2016.