ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B due October 16, 2042
MRRL
MRRL was delisted on the 24th of March, 2020.
8 hedge funds and large institutions have $9.16M invested in ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B due October 16, 2042 in 2019 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 4 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
15% less capital invested
Capital invested by funds: $10.8M → $9.16M (-$1.64M)
20% less funds holding
Funds holding: 10 → 8 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$258K |
| 2 |
IMC Chicago
Chicago,
Illinois
|
+$235K |
| 3 |
HCM
Hengehold Capital Management
Cincinnati,
Ohio
|
+$71.2K |
| 4 |
MIM
Macroview Investment Management
Bethesda,
Maryland
|
+$24.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.1M |
| 2 |
CRC
Curi RMB Capital
Chicago,
Illinois
|
-$911K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$487K |
| 4 |
MIG
Mariner Investment Group
Harrison,
New York
|
-$252K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$224K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Creative Planning
Overland Park,
Kansas
| $7.3M | -$487K | -36,500 | -7% |
|
|
2
Jane Street
New York
| $868K | +$258K | +19,330 | +47% |
|
|
HCM
3
Hengehold Capital Management
Cincinnati,
Ohio
| $305K | +$71.2K | +5,340 | +33% |
|
|
SWM
4
SeaCrest Wealth Management
Purchase,
New York
| $287K | -$2.03K | -152 | -0.8% |
|
|
5
IMC Chicago
Chicago,
Illinois
| $252K | +$235K | +17,592 | New |
|
|
CA
6
Crewe Advisors
Salt Lake City,
Utah
| $83K | – | – | – |
|
|
MCM
7
McMillion Capital Management
Greensboro,
North Carolina
| $33K | – | – | – |
|
|
MIM
8
Macroview Investment Management
Bethesda,
Maryland
| $27K | +$24.8K | +1,862 | New |
|
|
9
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.1M | -84,067 | Closed |
|
|
CRC
10
Curi RMB Capital
Chicago,
Illinois
| – | -$911K | -69,413 | Closed |
|
|
MIG
11
Mariner Investment Group
Harrison,
New York
| – | -$252K | -19,187 | Closed |
|
|
12
Citadel Advisors
Miami,
Florida
| – | -$224K | -17,098 | Closed |
|
MRRL Hedge Fund Activity: Q4 2019 in Review
8 of the 5,076 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 Q4 2019, worth a combined $9.16M — down 15% from $10.8M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of MRRL and 2 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 2 added.
The largest buyer was Jane Street, adding an estimated $258K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.1M sold.
- 8 institutional investors held ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B due October 16, 2042 (MRRL) as of Q4 2019, down from 10 in Q3 2019.
- Funds reported $9.16M of ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B due October 16, 2042 stock for Q4 2019, down 15% quarter-over-quarter.
- 2 funds opened new ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B due October 16, 2042 positions in Q4 2019 and 4 closed out, a net change of -2 holders.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B due October 16, 2042 buyer in Q4 2019 was Jane Street, an estimated $258K added.
- The largest ETRACS Monthly Pay 2xLeveraged Mortgage REIT ETN Series B due October 16, 2042 seller in Q4 2019 was Susquehanna International Group, an estimated $1.1M sold.
Based on aggregated 13F filings for Q4 2019.