Direxion Daily MSCI Brazil Bull 2X ETF
BRZU
14 hedge funds and large institutions have $4.3M invested in Direxion Daily MSCI Brazil Bull 2X ETF in 2020 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 17 closing their positions.
2.26% more ownership
Funds ownership: 0.18% → 2.45% (+2.3%)
29% less call options, than puts
Call options by funds: $17M | Put options by funds: $24M
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
39% less funds holding
Funds holding: 23 → 14 (-9)
53% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 17
85% less capital invested
Capital invested by funds: $28.4M → $4.3M (-$24.1M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.85M |
| 2 |
Jane Street
New York
|
+$715K |
| 3 |
XSC
X-Square Capital
Guaynabo,
Puerto Rico
|
+$413K |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
+$344K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$69.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EWA
Evolution Wealth Advisors
Aventura,
Florida
|
-$5.18M |
| 2 |
Renaissance Technologies
New York
|
-$938K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$457K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$104K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$39K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of Nova Scotia
Toronto,
Ontario, Canada
| – | -$16K | -301 | Closed |
|
|
JF
27
JSF Financial
Los Angeles,
California
| – | -$15K | -286 | Closed |
|
|
DWM
28
Darwin Wealth Management
Tampa,
Florida
| – | -$6K | -114 | Closed |
|
|
ED
29
Exane Derivatives
Paris,
France
| – | -$27 | -1 | Closed |
|
BRZU Hedge Fund Activity: Q2 2020 in Review
14 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Brazil Bull 2X ETF (BRZU) for Q2 2020, worth a combined $4.3M — down 85% from $28.4M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of BRZU and 8 opened new positions — a net loss of 9 holders — while 3 trimmed existing stakes and 2 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $1.85M. The largest seller was Evolution Wealth Advisors, exiting entirely with an estimated $5.18M sold.
- 14 institutional investors held Direxion Daily MSCI Brazil Bull 2X ETF (BRZU) as of Q2 2020, down from 23 in Q1 2020.
- Funds reported $4.3M of Direxion Daily MSCI Brazil Bull 2X ETF stock for Q2 2020, down 85% quarter-over-quarter.
- 8 funds opened new Direxion Daily MSCI Brazil Bull 2X ETF positions in Q2 2020 and 17 closed out, a net change of -9 holders.
- The largest Direxion Daily MSCI Brazil Bull 2X ETF buyer in Q2 2020 was Susquehanna International Group, an estimated $1.85M added.
- The largest Direxion Daily MSCI Brazil Bull 2X ETF seller in Q2 2020 was Evolution Wealth Advisors, an estimated $5.18M sold.
Based on aggregated 13F filings for Q2 2020.