ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN
MORL
MORL was delisted on the 24th of March, 2020.
12 hedge funds and large institutions have $6.24M invested in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN in 2017 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 0 reducing their positions, and 1 closing their positions.
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
9% more funds holding
Funds holding: 11 → 12 (+1)
12% less capital invested
Capital invested by funds: $7.08M → $6.24M (-$840K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$213K |
| 2 |
DZ Bank
Frankfurt Am Main,
Germany
|
+$162K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
+$109K |
| 4 |
Morgan Stanley
New York
|
+$27.3K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
+$535 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.09M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Creative Planning
Overland Park,
Kansas
| $3.56M | +$109K | +6,700 | +3% |
|
|
EA
2
Edge Advisors
Atlanta,
Georgia
| $1.06M | – | – | – |
|
|
SPC
3
Sigma Planning Corp
Ann Arbor,
Michigan
| $727K | – | – | – |
|
|
KA
4
Kovack Advisors
Ft. Lauderdale,
Florida
| $233K | +$213K | +13,125 | New |
|
|
RJA
5
Raymond James & Associates
St Petersburg,
Florida
| $212K | – | – | – |
|
|
6
Morgan Stanley
New York
| $204K | +$27.3K | +1,688 | +17% |
|
|
7
DZ Bank
Frankfurt Am Main,
Germany
| $177K | +$162K | +10,000 | New |
|
|
IA
8
IFP Advisors
Tampa,
Florida
| $21K | +$535 | +33 | +3% |
|
9
Royal Bank of Canada
Toronto,
Ontario, Canada
| $18K | – | – | – |
|
|
WA
10
WFG Advisors
Dallas,
Texas
| $15K | – | – | – |
|
11
Bank of Montreal
Toronto,
Ontario, Canada
| $5K | – | – | – |
|
|
12
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$2.09M | -134,024 | Closed |
|
MORL Hedge Fund Activity: Q1 2017 in Review
12 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) for Q1 2017, worth a combined $6.24M — down 12% from $7.08M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new MORL positions and 1 closed out — a net gain of 1 holder — while 3 added to existing stakes and 0 trimmed.
The largest buyer was Kovack Advisors, opening a new position worth an estimated $213K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $2.09M sold.
- 12 institutional investors held ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) as of Q1 2017, up from 11 in Q4 2016.
- Funds reported $6.24M of ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN stock for Q1 2017, down 12% quarter-over-quarter.
- 2 funds opened new ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN positions in Q1 2017 and 1 closed out, a net change of +1 holder.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN buyer in Q1 2017 was Kovack Advisors, an estimated $213K added.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN seller in Q1 2017 was Susquehanna International Group, an estimated $2.09M sold.
Based on aggregated 13F filings for Q1 2017.