ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN
MORL
MORL was delisted on the 24th of March, 2020.
15 hedge funds and large institutions have $7.38M invested in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN in 2017 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 0 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
25% more funds holding
Funds holding: 12 → 15 (+3)
18% more capital invested
Capital invested by funds: $6.24M → $7.38M (+$1.14M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$389K |
| 2 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$320K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
+$107K |
| 4 |
CFN
Cordasco Financial Network
Naples,
Florida
|
+$13.9K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$4.93K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$31.1K |
| 2 |
RJA
Raymond James & Associates
St Petersburg,
Florida
|
-$17.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Creative Planning
Overland Park,
Kansas
| $3.86M | +$107K | +5,957 | +3% |
|
|
EA
2
Edge Advisors
Atlanta,
Georgia
| $1.12M | – | – | – |
|
|
SPC
3
Sigma Planning Corp
Ann Arbor,
Michigan
| $765K | – | – | – |
|
|
KA
4
Kovack Advisors
Ft. Lauderdale,
Florida
| $576K | +$320K | +17,778 | +135% |
|
|
5
Citadel Advisors
Miami,
Florida
| $404K | +$389K | +21,659 | New |
|
|
RJA
6
Raymond James & Associates
St Petersburg,
Florida
| $205K | -$17.1K | -950 | -8% |
|
7
DZ Bank
Frankfurt Am Main,
Germany
| $187K | – | – | – |
|
|
8
Morgan Stanley
New York
| $182K | -$31.1K | -1,728 | -15% |
|
|
IA
9
IFP Advisors
Tampa,
Florida
| $23K | +$557 | +31 | +3% |
|
10
Royal Bank of Canada
Toronto,
Ontario, Canada
| $19K | – | – | – |
|
|
WA
11
WFG Advisors
Dallas,
Texas
| $16K | – | – | – |
|
|
CFN
12
Cordasco Financial Network
Naples,
Florida
| $14K | +$13.9K | +775 | New |
|
13
Bank of Montreal
Toronto,
Ontario, Canada
| $6K | – | – | – |
|
|
AG
14
Advisor Group
Phoenix,
Arizona
| $5K | +$4.93K | +274 | New |
|
MORL Hedge Fund Activity: Q2 2017 in Review
15 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) for Q2 2017, worth a combined $7.38M — up 18% from $6.24M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new MORL positions and 0 closed out — a net gain of 3 holders — while 3 added to existing stakes and 2 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $389K. The largest seller was Morgan Stanley, cutting an estimated $31.1K.
- 15 institutional investors held ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) as of Q2 2017, up from 12 in Q1 2017.
- Funds reported $7.38M of ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN stock for Q2 2017, up 18% quarter-over-quarter.
- 3 funds opened new ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN positions in Q2 2017 and 0 closed out, a net change of +3 holders.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN buyer in Q2 2017 was Citadel Advisors, an estimated $389K added.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN seller in Q2 2017 was Morgan Stanley, an estimated $31.1K sold.
Based on aggregated 13F filings for Q2 2017.