ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN
MORL
MORL was delisted on the 24th of March, 2020.
16 hedge funds and large institutions have $17.6M invested in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN in 2019 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 0 reducing their positions, and 7 closing their positions.
196% more capital invested
Capital invested by funds: $5.96M → $17.6M (+$11.7M)
11% less funds holding
Funds holding: 18 → 16 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$3.85M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.63M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
+$2.4M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$556K |
| 5 |
JIP
Jaffetilchin Investment Partners
Tampa,
Florida
|
+$315K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HighTower Advisors
Chicago,
Illinois
|
-$180K |
| 2 |
HCM
Hengehold Capital Management
Cincinnati,
Ohio
|
-$166K |
| 3 |
MIM
Macroview Investment Management
Bethesda,
Maryland
|
-$25K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$21K |
| 5 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$14K |
MORL Hedge Fund Activity: Q4 2019 in Review
16 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) for Q4 2019, worth a combined $17.6M — up 196% from $5.96M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of MORL and 5 opened new positions — a net loss of 2 holders — while 0 trimmed existing stakes and 6 added.
The largest buyer was Jane Street, adding an estimated $3.85M. The largest seller was HighTower Advisors, exiting entirely with an estimated $180K sold.
- 16 institutional investors held ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN (MORL) as of Q4 2019, down from 18 in Q3 2019.
- Funds reported $17.6M of ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN stock for Q4 2019, up 196% quarter-over-quarter.
- 5 funds opened new ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN positions in Q4 2019 and 7 closed out, a net change of -2 holders.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN buyer in Q4 2019 was Jane Street, an estimated $3.85M added.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN seller in Q4 2019 was HighTower Advisors, an estimated $180K sold.
Based on aggregated 13F filings for Q4 2019.