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MSP

Madison Strategic Sector

Delisted

MSP was delisted on the 5th of October, 2018.

23 hedge funds and large institutions have $26.5M invested in Madison Strategic Sector in 2016 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

33% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 6

7% more capital invested

Capital invested by funds: $24.8M → $26.5M (+$1.66M)

12% less funds holding

Funds holding: 2623 (-3)

75% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 4

Holders
23
Holders Change
-3
Holders Change %
-11.54%
% of All Funds
0.57%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
8
Reduced
6
Closed
4
Calls
Puts
Net Calls
Net Calls Change
Name Holding Trade Value Shares
Change
Change in
Stake
KIM
1
Karpus Investment Management
New York
$16.3M +$4.77M +405,014 +42%
IA
2
Icon Advisers
Colorado
$2.22M
SIA
3
Sit Investment Associates
Minnesota
$1.58M +$1.47M +124,985 +1,505%
Morgan Stanley
4
Morgan Stanley
New York
$1.48M +$418K +35,534 +40%
Royal Bank of Canada
5
Royal Bank of Canada
Ontario, Canada
$1.08M +$5.43K +461 +0.5%
RVPG
6
Relative Value Partners Group
$673K
AA
7
Ancora Advisors
Ohio
$618K -$1.77M -150,000 -74%
Wells Fargo
8
Wells Fargo
California
$564K +$20.2K +1,718 +4%
BC
9
Brinker Capital
Pennsylvania
$306K -$24.4K -2,072 -7%
UBS Group
10
UBS Group
Switzerland
$272K +$942 +80 +0.4%
SCM
11
Saba Capital Management
New York
$225K
PNC Financial Services Group
12
PNC Financial Services Group
Pennsylvania
$179K
RJA
13
Raymond James & Associates
Florida
$178K -$128K -10,833 -42%
SGK
14
Steigerwald Gordon & Koch
Virginia
$178K
SPC
15
Sigma Planning Corp
Michigan
$174K -$7.36K -625 -4%
Citigroup
16
Citigroup
New York
$157K -$31.6K -2,687 -17%
RJFSA
17
Raymond James Financial Services Advisors
Florida
$127K +$436 +37 +0.3%
AG
18
Advisor Group
Arizona
$95K
Bank of America
19
Bank of America
North Carolina
$35K +$801 +68 +2%
Creative Planning
20
Creative Planning
Kansas
$8K +$8.24K +700 New
BBPWM
21
Blue Bell Private Wealth Management
Pennsylvania
$7K
BCM
22
Blume Capital Management
California
$7K
Manulife (Manufacturers Life Insurance)
23
Manulife (Manufacturers Life Insurance)
Ontario, Canada
$1K -$707 -60 -50%
RCM
24
Rivernorth Capital Management
Florida
-$2.22M -188,674 Closed
1CP
25
1607 Capital Partners
Virginia
-$948K -80,719 Closed

MSP Hedge Fund Activity: Q4 2016 in Review

23 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Madison Strategic Sector (MSP) for Q4 2016, worth a combined $26.5M — up 6.7% from $24.8M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of MSP and 1 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 8 added.

The largest buyer was Karpus Investment Management, adding an estimated $4.77M. The largest seller was Rivernorth Capital Management, exiting entirely with an estimated $2.22M sold.

  • 23 institutional investors held Madison Strategic Sector (MSP) as of Q4 2016, down from 26 in Q3 2016.
  • Funds reported $26.5M of Madison Strategic Sector stock for Q4 2016, up 6.7% quarter-over-quarter.
  • 1 fund opened new Madison Strategic Sector positions in Q4 2016 and 4 closed out, a net change of -3 holders.
  • The largest Madison Strategic Sector buyer in Q4 2016 was Karpus Investment Management, an estimated $4.77M added.
  • The largest Madison Strategic Sector seller in Q4 2016 was Rivernorth Capital Management, an estimated $2.22M sold.

Based on aggregated 13F filings for Q4 2016.