ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN
MORL
MORL was delisted on the 24th of March, 2020.
22 hedge funds and large institutions have $14.4M invested in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN in 2019 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
10% more funds holding
Funds holding: 20 → 22 (+2)
0.01% more ownership
Funds ownership: 3.3% → 3.32% (+0.01%)
5% less capital invested
Capital invested by funds: $15.1M → $14.4M (-$735K)
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$615K |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$346K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$21.6K |
| 4 |
Fidelity Investments
Boston,
Massachusetts
|
+$14 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$324K |
| 2 |
Renaissance Technologies
New York
|
-$296K |
| 3 |
Jane Street
New York
|
-$155K |
| 4 |
SWM
SeaCrest Wealth Management
Purchase,
New York
|
-$98K |
| 5 |
SPC
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$38K |
MORL Hedge Fund Activity: Q2 2019 in Review
22 of the 4,625 institutional investors tracked by Wall St. Rank reported a position in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) for Q2 2019, worth a combined $14.4M — down 4.9% from $15.1M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new MORL positions and 1 closed out — a net gain of 2 holders — while 1 added to existing stakes and 5 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $615K. The largest seller was Mariner Investment Group, cutting an estimated $324K.
- 22 institutional investors held ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) as of Q2 2019, up from 20 in Q1 2019.
- Funds reported $14.4M of ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN stock for Q2 2019, down 4.9% quarter-over-quarter.
- 3 funds opened new ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN positions in Q2 2019 and 1 closed out, a net change of +2 holders.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN buyer in Q2 2019 was Susquehanna International Group, an estimated $615K added.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN seller in Q2 2019 was Mariner Investment Group, an estimated $324K sold.
Based on aggregated 13F filings for Q2 2019.