ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN
MORL
MORL was delisted on the 24th of March, 2020.
15 hedge funds and large institutions have $12M invested in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN in 2017 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 2 closing their positions.
1,623% more capital inflows, than outflows
Capital inflows: $3.76M | Capital outflows: $218K
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
25% more funds holding
Funds holding: 12 → 15 (+3)
0.7% more ownership
Funds ownership: 2.05% → 2.75% (+0.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Ionic Capital Management
New York
|
+$888K |
| 2 |
Jane Street
New York
|
+$374K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
+$365K |
| 4 |
Kovack Advisors
Ft. Lauderdale,
Florida
|
+$285K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$228K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Raymond James & Associates
St Petersburg,
Florida
|
-$206K |
| 2 |
IFP Advisors
Tampa,
Florida
|
-$4.16K |
| 3 |
Advisor Group
Phoenix,
Arizona
|
-$4K |
| 4 |
Morgan Stanley
New York
|
-$3.99K |
MORL Hedge Fund Activity: Q4 2017 in Review
15 of the 4,420 institutional investors tracked by Wall St. Rank reported a position in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) for Q4 2017, worth a combined $12M — up 34% from $8.99M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new MORL positions and 2 closed out — a net gain of 3 holders — while 3 added to existing stakes and 2 trimmed.
The largest buyer was Ionic Capital Management, opening a new position worth an estimated $888K. The largest seller was Raymond James & Associates, exiting entirely with an estimated $206K sold.
- 15 institutional investors held ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) as of Q4 2017, up from 12 in Q3 2017.
- Funds reported $12M of ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN stock for Q4 2017, up 34% quarter-over-quarter.
- 5 funds opened new ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN positions in Q4 2017 and 2 closed out, a net change of +3 holders.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN buyer in Q4 2017 was Ionic Capital Management, an estimated $888K added.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN seller in Q4 2017 was Raymond James & Associates, an estimated $206K sold.
Based on aggregated 13F filings for Q4 2017.