ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN
MORL
MORL was delisted on the 24th of March, 2020.
11 hedge funds and large institutions have $7.08M invested in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN in 2016 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 3 closing their positions.
69% more capital invested
Capital invested by funds: $4.19M → $7.08M (+$2.89M)
0% more funds holding
Funds holding: 11 → 11 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.01M |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
+$179K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
+$52.6K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
+$481 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$178K |
| 2 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
-$42K |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
-$34K |
| 4 |
Morgan Stanley
New York
|
-$30K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$17.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Creative Planning
Overland Park,
Kansas
| $3.03M | +$52.6K | +3,500 | +2% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $2.09M | +$2.01M | +134,024 | New |
|
|
EA
3
Edge Advisors
Atlanta,
Georgia
| $934K | +$901K | +60,000 | New |
|
|
SPC
4
Sigma Planning Corp
Ann Arbor,
Michigan
| $639K | -$13.5K | -900 | -2% |
|
|
RJA
5
Raymond James & Associates
St Petersburg,
Florida
| $186K | +$179K | +11,940 | New |
|
|
6
Morgan Stanley
New York
| $153K | -$30K | -1,996 | -17% |
|
|
IA
7
IFP Advisors
Tampa,
Florida
| $18K | +$481 | +32 | +3% |
|
|
8
Royal Bank of Canada
Toronto,
Ontario, Canada
| $16K | -$17.7K | -1,180 | -54% |
|
|
WA
9
WFG Advisors
Dallas,
Texas
| $13K | – | – | – |
|
10
Bank of Montreal
Toronto,
Ontario, Canada
| $5K | – | – | – |
|
|
KA
11
Kovack Advisors
Ft. Lauderdale,
Florida
| – | -$178K | -11,272 | Closed |
|
|
CFA
12
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$42K | -2,680 | Closed |
|
|
AG
13
Advisor Group
Phoenix,
Arizona
| – | -$34K | -2,155 | Closed |
|
MORL Hedge Fund Activity: Q4 2016 in Review
11 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) for Q4 2016, worth a combined $7.08M — up 69% from $4.19M a quarter earlier.
Fund positioning in MORL was balanced in Q4 2016: 3 funds opened new positions, 3 closed out, 2 added to existing stakes and 3 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $2.01M. The largest seller was Kovack Advisors, exiting entirely with an estimated $178K sold.
- 11 institutional investors held ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) as of Q4 2016, unchanged from Q3 2016.
- Funds reported $7.08M of ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN stock for Q4 2016, up 69% quarter-over-quarter.
- 3 funds opened new ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN positions in Q4 2016 and 3 closed out, a net change of 0 holders.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN buyer in Q4 2016 was Susquehanna International Group, an estimated $2.01M added.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN seller in Q4 2016 was Kovack Advisors, an estimated $178K sold.
Based on aggregated 13F filings for Q4 2016.