ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN
MORL
MORL was delisted on the 24th of March, 2020.
20 hedge funds and large institutions have $15.1M invested in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN in 2019 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
45% more capital invested
Capital invested by funds: $10.4M → $15.1M (+$4.72M)
18% more funds holding
Funds holding: 17 → 20 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CC
Claybrook Capital
Wellesley,
Massachusetts
|
+$2.8M |
| 2 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$566K |
| 3 |
Renaissance Technologies
New York
|
+$445K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$434K |
| 5 |
SWM
SeaCrest Wealth Management
Purchase,
New York
|
+$65K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.07M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$505K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$57.7K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
-$12K |
MORL Hedge Fund Activity: Q1 2019 in Review
20 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) for Q1 2019, worth a combined $15.1M — up 45% from $10.4M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MORL positions and 3 closed out — a net gain of 3 holders — while 4 added to existing stakes and 2 trimmed.
The largest buyer was Claybrook Capital, opening a new position worth an estimated $2.8M. The largest seller was Jane Street, cutting an estimated $1.07M.
- 20 institutional investors held ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) as of Q1 2019, up from 17 in Q4 2018.
- Funds reported $15.1M of ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN stock for Q1 2019, up 45% quarter-over-quarter.
- 6 funds opened new ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN positions in Q1 2019 and 3 closed out, a net change of +3 holders.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN buyer in Q1 2019 was Claybrook Capital, an estimated $2.8M added.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN seller in Q1 2019 was Jane Street, an estimated $1.07M sold.
Based on aggregated 13F filings for Q1 2019.