Direxion Daily MSCI Brazil Bull 2X ETF
BRZU
23 hedge funds and large institutions have $28.4M invested in Direxion Daily MSCI Brazil Bull 2X ETF in 2020 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 4 increasing their positions, 0 reducing their positions, and 7 closing their positions.
157% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 7
77% more funds holding
Funds holding: 13 → 23 (+10)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.27% less ownership
Funds ownership: 0.46% → 0.18% (-0.27%)
54% less capital invested
Capital invested by funds: $62.2M → $28.4M (-$33.8M)
77% less call options, than puts
Call options by funds: $1.07M | Put options by funds: $4.61M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EWA
Evolution Wealth Advisors
Aventura,
Florida
|
+$49.1M |
| 2 |
Renaissance Technologies
New York
|
+$14.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$5.06M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
+$1.58M |
| 5 |
BCV
Banque Cantonale Vaudoise
Lausanne,
Switzerland
|
+$764K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Millennium Management
New York
|
-$3.85M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.64M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
-$1.09M |
| 4 |
HF
HRT Financial
New York
|
-$1.01M |
| 5 |
XS
XR Securities
Chicago,
Illinois
|
-$1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
XS
26
XR Securities
Chicago,
Illinois
| – | -$1M | -737 | Closed |
|
27
Bank of America
Charlotte,
North Carolina
| – | -$93K | -69 | Closed |
|
28
UBS Group
Zurich,
Switzerland
| – | -$45K | -33 | Closed |
|
29
Osaic Holdings
Scottsdale,
Arizona
| – | +$801 | +1 | New |
|
|
AF
30
Advisornet Financial
Minnetonka,
Minnesota
| – | +$1.6K | +2 | New |
|
BRZU Hedge Fund Activity: Q1 2020 in Review
23 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Brazil Bull 2X ETF (BRZU) for Q1 2020, worth a combined $28.4M — down 54% from $62.2M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new BRZU positions and 7 closed out — a net gain of 11 holders — while 4 added to existing stakes and 0 trimmed.
The largest buyer was Evolution Wealth Advisors, adding an estimated $49.1M. The largest seller was Millennium Management, exiting entirely with an estimated $3.85M sold.
- 23 institutional investors held Direxion Daily MSCI Brazil Bull 2X ETF (BRZU) as of Q1 2020, up from 13 in Q4 2019.
- Funds reported $28.4M of Direxion Daily MSCI Brazil Bull 2X ETF stock for Q1 2020, down 54% quarter-over-quarter.
- 18 funds opened new Direxion Daily MSCI Brazil Bull 2X ETF positions in Q1 2020 and 7 closed out, a net change of +11 holders.
- The largest Direxion Daily MSCI Brazil Bull 2X ETF buyer in Q1 2020 was Evolution Wealth Advisors, an estimated $49.1M added.
- The largest Direxion Daily MSCI Brazil Bull 2X ETF seller in Q1 2020 was Millennium Management, an estimated $3.85M sold.
Based on aggregated 13F filings for Q1 2020.