ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN
MORL
MORL was delisted on the 24th of March, 2020.
17 hedge funds and large institutions have $10.4M invested in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN in 2018 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 6 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
15% less funds holding
Funds holding: 20 → 17 (-3)
39% less capital invested
Capital invested by funds: $17M → $10.4M (-$6.61M)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$141K |
| 2 |
SWM
SeaCrest Wealth Management
Purchase,
New York
|
+$28.6K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
+$14.3K |
| 4 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
+$5.22K |
| 5 |
Morgan Stanley
New York
|
+$4.56K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
-$2.23M |
| 2 |
Jane Street
New York
|
-$1.05M |
| 3 |
Renaissance Technologies
New York
|
-$793K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$264K |
| 5 |
OIA
Optimum Investment Advisors
Chicago,
Illinois
|
-$207K |
MORL Hedge Fund Activity: Q4 2018 in Review
17 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) for Q4 2018, worth a combined $10.4M — down 39% from $17M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MORL and 3 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 3 added.
The largest buyer was Susquehanna International Group, adding an estimated $141K. The largest seller was Claybrook Capital, exiting entirely with an estimated $2.23M sold.
- 17 institutional investors held ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) as of Q4 2018, down from 20 in Q3 2018.
- Funds reported $10.4M of ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN stock for Q4 2018, down 39% quarter-over-quarter.
- 3 funds opened new ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN positions in Q4 2018 and 6 closed out, a net change of -3 holders.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN buyer in Q4 2018 was Susquehanna International Group, an estimated $141K added.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN seller in Q4 2018 was Claybrook Capital, an estimated $2.23M sold.
Based on aggregated 13F filings for Q4 2018.