Madison Covered Call & Equity Strategy Fund
MCN • XNYS
Madison Covered Call & Equity Strategy Fund is a publicly traded company on XNYS. As of Q3 2025, 42 institutional investors hold shares in this company, with total holdings valued at $25.6M. Advisor Group Holdings, Inc. is the largest holder with a position valued at $5.1M.
Overview
Overview of institutional ownership in MCN as of Q3 2025
All Institutions
- Institutions
- 42
- Value Held
- $25.6M
- Shares Held
- 4.1M
- Avg Position
- $610.2K
- Median Position
- $232.1K
Hedge Funds
- Hedge Funds
- 4
- Value Held
- $2.1M
- Shares Held
- 348.1K
- Avg Position
- $536.9K
- Median Position
- $419.9K
Biggest Investors
Institutions with the largest positions in MCN as of Q3 2025
| Institution | Position Value |
|---|---|
A Advisor Group Holdings, Inc. Institution | $5.1M 0.01% of portfolio |
 Shaker Financial Services, LLC RIA/Wealth | $3.3M 1.14% of portfolio |
 WELLS FARGO & COMPANY/MN Institution | $2.8M 0.00% of portfolio |
 Invesco Ltd. ETF Provider | $1.6M 0.00% of portfolio |
 MORGAN STANLEY RIA/Wealth | $1.4M 0.00% of portfolio |
L LPL Financial LLC Institution | $1.3M 0.00% of portfolio |
 ABSOLUTE INVESTMENT ADVISERS LLC Hedge Fund•Multi-Strategy | $1.2M 1.63% of portfolio |
 RAYMOND JAMES FINANCIAL INC RIA/Wealth | $1.2M 0.00% of portfolio |
C Centurion Wealth Management LLC Institution | $800.2K 0.18% of portfolio |
 WOLVERINE ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy | $655.7K 0.04% of portfolio |
Net Capital Flow
Institutional buying and selling activity for MCN in Q3 2025
- Traded
- +$1.2M
- Buyers
- 19
- Sellers
- 20
- Total Bought
- +$2.8M
- Total Sold
- −$1.6M
- Avg Position
- $545.3K
Biggest Buyers
| Institution | Net Bought |
|---|---|
WOLVERINE ASSET MANAGEMENT LLC Hedge Fund•Multi-Strategy | +$625.2K +101.3K shares |
 NWF Advisory Services Inc. RIA/Wealth | +$577.5K +-27.2K shares |
Shaker Financial Services, LLC RIA/Wealth | +$494.4K +79.4K shares |
Invesco Ltd. ETF Provider | +$349.0K +56.6K shares |
WELLS FARGO & COMPANY/MN Institution | +$165.6K +26.8K shares |
B BENJAMIN EDWARDS INC Institution | +$157.7K +25.6K shares |
 Calamos Advisors LLC Long Only Manager | +$101.6K +16.5K shares |
 SUSQUEHANNA INTERNATIONAL GROUP, LLP Private Equity | +$87.1K +14.1K shares |
 Tactive Advisors, LLC RIA/Wealth | +$71.1K +11.5K shares |
RAYMOND JAMES FINANCIAL INC RIA/Wealth | +$48.8K +7.9K shares |
Biggest Sellers
| Institution | Net Sold |
|---|---|
C Centurion Wealth Management LLC Institution | −$271.0K −43.9K shares |
G GUGGENHEIM CAPITAL LLC Institution | −$234.4K −37.5K shares |
 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. Hedge Fund•Market Neutral | −$196.3K −31.8K shares |
L LPL Financial LLC Institution | −$185.9K −30.1K shares |
A Advisor Group Holdings, Inc. Institution | −$164.9K −26.2K shares |
 L.M. KOHN & COMPANY RIA/Wealth | −$131.2K −21.0K shares |
 CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | −$98.0K −15.7K shares |
 Consolidated Portfolio Review Corp RIA/Wealth | −$94.6K −15.3K shares |
ABSOLUTE INVESTMENT ADVISERS LLC Hedge Fund•Multi-Strategy | −$50.6K −8.2K shares |
 Stratos Wealth Partners, LTD. RIA/Wealth | −$50.0K −8.1K shares |
Entry and Exit Activity
Institutions that initiated new positions or completely exited MCN in Q3 2025
- New Positions
- 4
- New Value
- $809.4K
- Exited Positions
- 5
- Exited Value
- $512.6K
New Positions
| Institution | Position Value |
|---|---|
NWF Advisory Services Inc. RIA/Wealth | $577.5K 93.6K shares |
B BENJAMIN EDWARDS INC Institution | $157.7K 25.6K shares |
Tactive Advisors, LLC RIA/Wealth | $71.1K 11.5K shares |
 HIGHLINE WEALTH PARTNERS LLC RIA/Wealth | $3.1K 500.0 shares |
Exited Positions
| Institution | Previous Position |
|---|---|
G GUGGENHEIM CAPITAL LLC Institution | $234.4K 37.5K shares |
L.M. KOHN & COMPANY RIA/Wealth | $131.2K 21.0K shares |
CITADEL ADVISORS LLC Hedge Fund•Multi-Strategy | $98.0K 15.7K shares |
 BANK OF AMERICA CORP /DE/ Institution | $48.1K 7.7K shares |
T Tower Research Capital LLC Institution | $988.0 158.0 shares |
Options Activity
Institutions with the largest Call and Put options positions in MCN as of Q3 2025
- Call Positions
- 0
- Call Value
- -
- Put Positions
- 0
- Put Value
- -
Call Positions
| Institution | Position Value |
|---|---|
| No call positions found | |
Put Positions
| Institution | Position Value |
|---|---|
| No put positions found | |
Most Committed Institutions
Institutions with MCN as the highest % of their portfolio as of Q3 2025
| Institution | Portfolio Weight |
|---|---|
ABSOLUTE INVESTMENT ADVISERS LLC Hedge Fund•Multi-Strategy | 1.63% $1.2M |
Shaker Financial Services, LLC RIA/Wealth | 1.14% $3.3M |
C Centurion Wealth Management LLC Institution | 0.18% $800.2K |
 WORLD EQUITY GROUP, INC. RIA/Wealth | 0.15% $642.7K |
 Independent Wealth Network Inc. RIA/Wealth | 0.12% $364.8K |
Q Quarry LP Institution | 0.12% $432.8K |
A Arlington Capital Management, Inc. Institution | 0.11% $163.4K |
NWF Advisory Services Inc. RIA/Wealth | 0.06% $577.5K |
Consolidated Portfolio Review Corp RIA/Wealth | 0.06% $475.9K |
 ELCO Management Co., LLC Hedge Fund•Long/Short | 0.05% $103.8K |
Hedge Fund Spotlight
Discover hedge funds investing in MCN
WOLVERINE ASSET MANAGEMENT LLC
Hedge Fund • Multi-Strategy
Portfolio ManagerChristopher Lazarus Gust
- Portfolio Value
- $1.5B
- Positions
- 859
- Last Reported
- Q3 2025
Sector Allocation
Position in Madison Covered Call & Equity Strategy Fund
- Market Value
- $655.7K
- Shares Held
- 106.3K
- Portfolio Weight
- 0.04%
- Owned Since
- 2024-Q3
| Top Holding | Sector | Market Value | Weight |
|---|---|---|---|
Medical - Healthcare Information Services Healthcare | $56.2M | 3.82% | |
ETF ETF | $36.0M | 2.45% | |
Unknown Unknown | $26.9M | 1.83% |
