ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B due October 16, 2042
MRRL
MRRL was delisted on the 24th of March, 2020.
10 hedge funds and large institutions have $10.8M invested in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B due October 16, 2042 in 2019 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and closing their positions.
789% more capital invested
Capital invested by funds: $1.21M → $10.8M (+$9.58M)
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
67% more funds holding
Funds holding: 6 → 10 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Creative Planning
Overland Park,
Kansas
|
+$6.91M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
+$893K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$812K |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
+$247K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$220K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWM
SeaCrest Wealth Management
Purchase,
New York
|
-$48.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Creative Planning
Overland Park,
Kansas
| $7.18M | +$6.91M | +537,000 | +5,370% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.1M | +$812K | +63,121 | +301% |
|
|
CRC
3
Curi RMB Capital
Chicago,
Illinois
| $911K | +$893K | +69,413 | New |
|
4
Jane Street
New York
| $542K | +$150K | +11,693 | +39% |
|
|
SWM
5
SeaCrest Wealth Management
Purchase,
New York
| $265K | -$48.4K | -3,760 | -16% |
|
|
MIG
6
Mariner Investment Group
Harrison,
New York
| $252K | +$247K | +19,187 | New |
|
|
7
Citadel Advisors
Miami,
Florida
| $224K | +$220K | +17,098 | New |
|
|
HCM
8
Hengehold Capital Management
Cincinnati,
Ohio
| $210K | +$206K | +16,000 | New |
|
|
CA
9
Crewe Advisors
Salt Lake City,
Utah
| $76K | – | – | – |
|
|
MCM
10
McMillion Capital Management
Greensboro,
North Carolina
| $30K | +$20.2K | +1,570 | +214% |
|
MRRL Hedge Fund Activity: Q3 2019 in Review
10 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B due October 16, 2042 (MRRL) for Q3 2019, worth a combined $10.8M — up 789% from $1.21M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new MRRL positions and 0 closed out — a net gain of 4 holders — while 4 added to existing stakes and 1 trimmed.
The largest buyer was Creative Planning, adding an estimated $6.91M. The largest seller was SeaCrest Wealth Management, cutting an estimated $48.4K.
- 10 institutional investors held ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B due October 16, 2042 (MRRL) as of Q3 2019, up from 6 in Q2 2019.
- Funds reported $10.8M of ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B due October 16, 2042 stock for Q3 2019, up 789% quarter-over-quarter.
- 4 funds opened new ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B due October 16, 2042 positions in Q3 2019 and 0 closed out, a net change of +4 holders.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B due October 16, 2042 buyer in Q3 2019 was Creative Planning, an estimated $6.91M added.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B due October 16, 2042 seller in Q3 2019 was SeaCrest Wealth Management, an estimated $48.4K sold.
Based on aggregated 13F filings for Q3 2019.