Madison Strategic Sector
MSP was delisted on the 5th of October, 2018.
15 hedge funds and large institutions have $25.6M invested in Madison Strategic Sector in 2017 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 4 closing their positions.
6% less funds holding
Funds holding: 16 → 15 (-1)
19% less capital invested
Capital invested by funds: $31.5M → $25.6M (-$5.83M)
25% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 4
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RCM
Rivernorth Capital Management
West Palm Beach,
Florida
|
+$758K |
| 2 |
SFS
Shaker Financial Services
Arlington,
Virginia
|
+$148K |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$131K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$90.4K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$23.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SIA
Sit Investment Associates
Minneapolis,
Minnesota
|
-$4.78M |
| 2 |
Morgan Stanley
New York
|
-$772K |
| 3 |
KIM
Karpus Investment Management
Pittsford,
New York
|
-$380K |
| 4 |
SGK
Steigerwald Gordon & Koch
Leesburg,
Virginia
|
-$180K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
-$96K |
MSP Hedge Fund Activity: Q4 2017 in Review
15 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Madison Strategic Sector (MSP) for Q4 2017, worth a combined $25.6M — down 19% from $31.5M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of MSP and 3 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 5 added.
The largest buyer was Rivernorth Capital Management, adding an estimated $758K. The largest seller was Sit Investment Associates, exiting entirely with an estimated $4.78M sold.
- 15 institutional investors held Madison Strategic Sector (MSP) as of Q4 2017, down from 16 in Q3 2017.
- Funds reported $25.6M of Madison Strategic Sector stock for Q4 2017, down 19% quarter-over-quarter.
- 3 funds opened new Madison Strategic Sector positions in Q4 2017 and 4 closed out, a net change of -1 holder.
- The largest Madison Strategic Sector buyer in Q4 2017 was Rivernorth Capital Management, an estimated $758K added.
- The largest Madison Strategic Sector seller in Q4 2017 was Sit Investment Associates, an estimated $4.78M sold.
Based on aggregated 13F filings for Q4 2017.