Vault-13

MADISON COVERED CALL & EQUIT MCN

COM · Closed-End Fund · CUSIP 557437100

47 institutional holders +1 vs Q1 2026
5,167,4875.2m shares reported held*
$28.5mreported value*
6 new 26 added 7 reduced 5 sold out net bought ≈ $2.1m (+384.7k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $5.52.

Trends to Q2 2026

Institutional holders

Managers reporting a position, each quarter

0204060Q3 22: 34Q4 22: 40Q1 23: 39Q2 23: 43Q3 23: 44Q4 23: 41Q1 24: 41Q2 24: 39Q3 24: 45Q4 24: 36Q1 25: 42Q2 25: 49Q3 25: 48Q4 25: 51Q1 26: 46Q2 26: 4747Q3 22Q3 23Q3 24Q3 25Q2 26
Numbers
QuarterHolders
Q3 202234
Q4 202240
Q1 202339
Q2 202343
Q3 202344
Q4 202341
Q1 202441
Q2 202439
Q3 202445
Q4 202436
Q1 202542
Q2 202549
Q3 202548
Q4 202551
Q1 202646
Q2 202647

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
40040Q3 24: 21 bought or addedQ3 24: 22 cut or sold outQ4 24: 14 bought or addedQ4 24: 26 cut or sold outQ4 24Q1 25: 23 bought or addedQ1 25: 17 cut or sold outQ2 25: 26 bought or addedQ2 25: 17 cut or sold outQ2 25Q3 25: 20 bought or addedQ3 25: 22 cut or sold outQ4 25: 24 bought or addedQ4 25: 22 cut or sold outQ4 25Q1 26: 23 bought or addedQ1 26: 22 cut or sold outQ2 26: 32 bought or addedQ2 26: 12 cut or sold outQ2 26
Numbers
QuarterBought or addedCut or sold out
Q3 20242122
Q4 20241426
Q1 20252317
Q2 20252617
Q3 20252022
Q4 20252422
Q1 20262322
Q2 20263212

Biggest buyers

ABSOLUTE INVESTMENT ADVISERS, LLC Added +304,785+304.8k
Quarry LP Added +135,796+135.8k
Cambridge Investment Research Advisors, Inc. Added +63,957+64.0k
RAYMOND JAMES FINANCIAL INC Added +62,575+62.6k
HARBOUR INVESTMENTS, INC. Added +39,629+39.6k
HRT FINANCIAL LP New +39,226+39.2k
ROYAL BANK OF CANADA Added +32,472+32.5k
GUGGENHEIM CAPITAL LLC Added +21,086+21.1k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Added +17,162+17.2k
LPL Financial LLC Added +14,083+14.1k

Biggest sellers

WOLVERINE ASSET MANAGEMENT LLC Reduced -183,460-183.5k
Shaker Financial Services, LLC Reduced -148,096-148.1k
AlphaCore Capital LLC Sold out -20,255-20.3k
OSAIC HOLDINGS, INC. Reduced -15,642-15.6k
Virtu Financial LLC Sold out -11,702-11.7k
COMMONWEALTH EQUITY SERVICES, LLC Sold out -11,601-11.6k
Sound Income Strategies, LLC Sold out -2,900-2.9k
Private Advisor Group, LLC Reduced -1,693-1.7k
Centurion Wealth Management LLC Reduced -1,437-1.4k
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO Sold out -1,000-1.0k

Insider purchases and sales since 1 Apr 2026

Shares bought or sold by the company's own officers, directors and 10% owners, in the open market or privately, as they reported to the SEC on Form 4 (due within two business days of the trade). Grants, option exercises, shares withheld for tax and gifts aren't included.

None reported since 1 Apr 2026.

Holders, Q2 2026

#ManagerLocationShares Value% of their portfolioChangeShares change
1 ABSOLUTE INVESTMENT ADVISERS, LLC 0.47% of their portfolio ROSEMARY BEACH, FL 871,846871.8k $4.8m $4.8m 0.47% Added +304.8k +304,785
2 OSAIC HOLDINGS, INC. 0.00% of their portfolio SCOTTSDALE, AZ 560,216560.2k $3.1m $3.1m 0.00% Reduced -15.6k -15,642
3 GUGGENHEIM CAPITAL LLC 0.02% of their portfolio CHICAGO, IL 431,245431.2k $2.4m $2.4m 0.02% Added +21.1k +21,086
4 Shaker Financial Services, LLC 0.74% of their portfolio Arlington, VA 425,590425.6k $2.4m $2.4m 0.74% Reduced -148.1k -148,096
5 WELLS FARGO & COMPANY/MN 0.00% of their portfolio SAN FRANCISCO, CA 415,849415.8k $2.3m $2.3m 0.00% Added +6.2k +6,240
6 Quarry LP 0.31% of their portfolio NEW YORK, NY 358,469358.5k $2.0m $2.0m 0.31% Added +135.8k +135,796
7 RAYMOND JAMES FINANCIAL INC 0.00% of their portfolio ST. PETERSBURG, FL 306,361306.4k $1.7m $1.7m 0.00% Added +62.6k +62,575
8 MORGAN STANLEY 0.00% of their portfolio NEW YORK, NY 260,509260.5k $1.4m $1.4m 0.00% Added +9.7k +9,740
9 Invesco Ltd. 0.00% of their portfolio ATLANTA, GA 257,791257.8k $1.4m $1.4m 0.00% Added +7.5k +7,485
10 LPL Financial LLC 0.00% of their portfolio FORT MILL, SC 175,664175.7k $969.7k $969.7k 0.00% Added +14.1k +14,083
11 Cambridge Investment Research Advisors, Inc. 0.00% of their portfolio FAIRFIELD, IA 116,984117.0k $646.0k $646.0k 0.00% Added +64.0k +63,957
12 WOLVERINE ASSET MANAGEMENT LLC 0.01% of their portfolio CHICAGO, IL 116,693116.7k $644.1k $644.1k 0.01% Reduced -183.5k -183,460
13 WORLD EQUITY GROUP, INC. 0.14% of their portfolio SCHAUMBURG, IL 114,407114.4k $631.5k $631.5k 0.14% Added +479 +479
14 Centurion Wealth Management LLC 0.11% of their portfolio Mclean, VA 84,42684.4k $466.0k $466.0k 0.11% Reduced -1.4k -1,437
15 ROYAL BANK OF CANADA 0.00% of their portfolio TORONTO, A6 66,94066.9k $370.0k $370.0k 0.00% Added +32.5k +32,472
16 STIFEL FINANCIAL CORP 0.00% of their portfolio ST. LOUIS, MO 55,20755.2k $304.7k $304.7k 0.00% Added +215 +215
17 Procyon Advisors, LLC 0.01% of their portfolio SHELTON, CT 52,23452.2k $288.3k $288.3k 0.01% Added +548 +548
18 TWO SIGMA INVESTMENTS, LP 0.00% of their portfolio NEW YORK, NY 51,70951.7k $285.4k $285.4k 0.00% Unchanged
19 HARBOUR INVESTMENTS, INC. 0.00% of their portfolio MADISON, WI 49,82249.8k $275.0k $275.0k 0.00% Added +39.6k +39,629
20 Private Advisor Group, LLC 0.00% of their portfolio MORRISTOWN, NJ 46,36946.4k $256.0k $256.0k 0.00% Reduced -1.7k -1,693
21 FIFTH THIRD BANCORP 0.00% of their portfolio CINCINNATI, OH 45,38645.4k $250.5k $250.5k 0.00% Unchanged
22 HRT FINANCIAL LP 0.00% of their portfolio NEW YORK, NY 39,22639.2k $216.0k $216.0k 0.00% New
23 SUSQUEHANNA INTERNATIONAL GROUP, LLP 0.00% of their portfolio BALA CYNWYD, PA 37,37237.4k $206.3k $206.3k 0.00% Added +17.2k +17,162
24 BENJAMIN EDWARDS INC 0.00% of their portfolio Clayton, MO 36,32636.3k $200.5k $200.5k 0.00% Added +1.7k +1,665
25 Arlington Capital Management, Inc. 0.09% of their portfolio ARLINGTON HEIGHTS, IL 27,63027.6k $152.5k $152.5k 0.09% Added +796 +796
26 Hilltop Holdings Inc. 0.01% of their portfolio DALLAS, TX 23,42923.4k $129.3k $129.3k 0.01% Unchanged
27 Tactive Advisors, LLC 0.02% of their portfolio Jacksonville, FL 16,95817.0k $93.6k $93.6k 0.02% Added +4.9k +4,855
28 ECLECTIC ASSOCIATES INC /ADV 0.01% of their portfolio FULLERTON, CA 16,84916.8k $93.0k $93.0k 0.01% Unchanged
29 UBS Group AG 0.00% of their portfolio ZURICH, V8 14,36314.4k $79.3k $79.3k 0.00% Added +147 +147
30 Cetera Investment Advisers 0.00% of their portfolio SCHAUMBURG, IL 14,32914.3k $79.1k $79.1k 0.00% Added +347 +347
31 Janney Montgomery Scott LLC 0.00% of their portfolio PHILADELPHIA, PA 13,21213.2k $73.0k $73.0k 0.00% Reduced -237 -237
32 Investmark Advisory Group LLC 0.02% of their portfolio Shelton, CT 11,43811.4k $63.1k $63.1k 0.02% Added +343 +343
33 Stratos Wealth Partners, LTD. 0.00% of their portfolio BEACHWOOD, OH 11,23111.2k $62.0k $62.0k 0.00% Added +244 +244
34 XTX Topco Ltd 0.00% of their portfolio LONDON, X0 10,79510.8k $59.6k $59.6k 0.00% New
35 INTERNATIONAL ASSETS INVESTMENT MANAGEMENT, LLC 0.00% of their portfolio ORLANDO, FL 7,2007.2k $39.9k $39.9k 0.00% Added +500 +500
36 CITIGROUP INC 0.00% of their portfolio NEW YORK, NY 6,5256.5k $36.0k $36.0k 0.00% Added +1.7k +1,700
37 Axiom Investment Management LLC 0.02% of their portfolio NEW YORK, NY 4,5024.5k $24.9k $24.9k 0.02% Added +163 +163
38 BLUE BELL PRIVATE WEALTH MANAGEMENT, LLC 0.00% of their portfolio BLUE BELL, PA 2,7042.7k $14.9k $14.9k 0.00% New
39 Medallion Wealth Advisors, LLC 0.00% of their portfolio FARMINGTON, CT 2,5522.6k $14.2k $14.2k 0.00% Added +2 +2
40 IFP Advisors, Inc 0.00% of their portfolio TAMPA, FL 2,3662.4k $13.1k $13.1k 0.00% New
41 FNY Investment Advisers, LLC 0.00% of their portfolio NEW YORK, NY 1,6001.6k $8.0k $8.0k 0.00% Unchanged
42 CoreCap Advisors, LLC 0.00% of their portfolio SOUTHFIELD, MI 1,5001.5k $8.3k $8.3k 0.00% Unchanged
43 Integrated Wealth Concepts LLC 0.00% of their portfolio WALTHAM, MA 518518 $2.9k $2.9k 0.00% New
44 HIGHLINE WEALTH PARTNERS LLC 0.00% of their portfolio SHERMAN OAKS, CA 500500 $2.8k $2.8k 0.00% Unchanged
45 Fourth Dimension Wealth, LLC 0.00% of their portfolio MIDDLEBURG HEIGHTS, OH 400400 $2.2k $2.2k 0.00% Unchanged
46 Institute for Wealth Management, LLC. 0.00% of their portfolio DENVER, CO 224224 $1.2k $1.2k 0.00% New
47 Farther Finance Advisors, LLC 0.00% of their portfolio SAN FRANCISCO, CA 2121 $116 $116 0.00% Reduced -120 -120