Direxion Daily MSCI Brazil Bull 2X ETF
BRZU
12 hedge funds and large institutions have $23.4M invested in Direxion Daily MSCI Brazil Bull 2X ETF in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 1 increasing their positions, 6 reducing their positions, and 6 closing their positions.
231% more capital invested
Capital invested by funds: $7.06M → $23.4M (+$16.3M)
0.11% more ownership
Funds ownership: 0.05% → 0.16% (+0.11%)
8% less funds holding
Funds holding: 13 → 12 (-1)
14% less call options, than puts
Call options by funds: $40.5M | Put options by funds: $47M
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EWA
Evolution Wealth Advisors
Aventura,
Florida
|
+$19.5M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$2.33M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.08M |
| 4 |
XS
XR Securities
Chicago,
Illinois
|
+$1.01M |
| 5 |
VF
Virtu Financial
New York
|
+$281K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.1M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
-$606K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$577K |
| 4 |
HighTower Advisors
Chicago,
Illinois
|
-$442K |
| 5 |
Morgan Stanley
New York
|
-$407K |
BRZU Hedge Fund Activity: Q3 2019 in Review
12 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Brazil Bull 2X ETF (BRZU) for Q3 2019, worth a combined $23.4M — up 231% from $7.06M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of BRZU and 5 opened new positions — a net loss of 1 holder — while 6 trimmed existing stakes and 1 added.
The largest buyer was Evolution Wealth Advisors, opening a new position worth an estimated $19.5M. The largest seller was Jane Street, exiting entirely with an estimated $2.1M sold.
- 12 institutional investors held Direxion Daily MSCI Brazil Bull 2X ETF (BRZU) as of Q3 2019, down from 13 in Q2 2019.
- Funds reported $23.4M of Direxion Daily MSCI Brazil Bull 2X ETF stock for Q3 2019, up 231% quarter-over-quarter.
- 5 funds opened new Direxion Daily MSCI Brazil Bull 2X ETF positions in Q3 2019 and 6 closed out, a net change of -1 holder.
- The largest Direxion Daily MSCI Brazil Bull 2X ETF buyer in Q3 2019 was Evolution Wealth Advisors, an estimated $19.5M added.
- The largest Direxion Daily MSCI Brazil Bull 2X ETF seller in Q3 2019 was Jane Street, an estimated $2.1M sold.
Based on aggregated 13F filings for Q3 2019.