Who Owns XAI Madison Equity Premium Income Fund Stock?
NYSE: MCNFinancial ServicesAsset ManagementUSD
Market open · Delayed 15 min · as of Oct 9, 11:04 AM ET
Ownership breakdown
- Held by institutions
- 24.56%
- Held by insiders
- 0.01%
- Institutional holders
- 48
- Institutions 24.6%
- Insiders 0.0%
- Public and other 75.4%
Who owns XAI Madison Equity Premium Income Fund stock?
Institutional investors own about 24.6% of XAI Madison Equity Premium Income Fund's shares, spread across 48 institutions that file 13F reports. That level of institutional ownership is relatively low, leaving more of the stock with retail investors and insiders. Insiders, including executives, directors and large founding shareholders, hold 0.01% of MCN.
The largest institutional holders are Absolute Investment Advisers, Llc (4.15%), Osaic Holdings Inc. (2.67%) and Guggenheim Capital, LLC (2.05%). Together, the top 10 institutions control 19.4% of shares outstanding. In their latest filings, 8 of the top 10 institutions increased their MCN positions and 2 reduced them.
Summary generated from market data by MetaCap's automated system. Methodology
Top institutional holders of MCN
| Institution | Shares | % Held | Change |
|---|---|---|---|
| Absolute Investment Advisers, Llc | 871.85K | 4.15% | +53.8% |
| Osaic Holdings Inc. | 560.22K | 2.67% | -2.7% |
| Guggenheim Capital, LLC | 431.25K | 2.05% | +5.1% |
| Shaker Financial Services, LLC | 425.59K | 2.03% | -25.8% |
| Wells Fargo & Company | 415.85K | 1.98% | +1.5% |
| Quarry LP | 358.47K | 1.71% | +61.0% |
| Raymond James Financial, Inc. | 306.36K | 1.46% | +25.7% |
| Morgan Stanley | 260.51K | 1.24% | +3.9% |
| Invesco Ltd. | 257.79K | 1.23% | +3.0% |
| LPL Financial LLC | 175.66K | 0.84% | +8.7% |
% held is the share of total shares outstanding. Change is the percentage change in the position since the holder's previous 13F filing.
Top mutual fund and ETF holders of MCN
| Fund | Shares | % Held |
|---|---|---|
| Invesco Exchange-Traded Fund Trust II-Invesco CEF Income Composite ETF | 253.51K | 1.21% |
| Unified Series Trust-Absolute CEF Opportunities | 40.72K | 0.19% |
| Rydex Variable Trust-Multi-Hedge Strategies Fund | 890 | 0.00% |
| Rydex Series Funds-Guggenheim Multi-Hedge Strategies Fund | 315 | 0.00% |
Frequently asked questions
Who is the largest shareholder of XAI Madison Equity Premium Income Fund?
Absolute Investment Advisers, Llc is the largest institutional shareholder of MCN, owning 4.15% of shares outstanding (871.85K shares) as of its latest 13F filing.
What percentage of XAI Madison Equity Premium Income Fund is owned by institutions?
Institutions own about 24.6% of MCN shares and 24.6% of the public float.
How much of XAI Madison Equity Premium Income Fund do insiders own?
Insiders, such as officers and directors, own about 0.01% of MCN shares outstanding.
Where does institutional ownership data come from?
Investment managers with more than $100 million in US equities must file Form 13F with the SEC within 45 days of each quarter-end. Holdings are therefore up to about 4.5 months old when published.