Direxion Connected Consumer ETF
CCON
CCON was delisted on the 17th of September, 2021.
10 hedge funds and large institutions have $9.28M invested in Direxion Connected Consumer ETF in 2021 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 1 reducing their positions, and 2 closing their positions.
600% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 1
30% more capital invested
Capital invested by funds: $7.14M → $9.28M (+$2.14M)
9% less funds holding
Funds holding: 11 → 10 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.6M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$720K |
| 3 |
PP
Prudential plc
London, England,
United Kingdom
|
+$197K |
| 4 |
RG
Rikoon Group
Santa Fe,
New Mexico
|
+$96.5K |
| 5 |
Osaic Holdings
Scottsdale,
Arizona
|
+$56.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LFF
Level Four Financial
Dallas,
Texas
|
-$516K |
| 2 |
EIP
Ellis Investment Partners
Berwyn,
Pennsylvania
|
-$19.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Citigroup
New York
| $1.52M | +$6.39K | +100 | +0.4% |
|
2
UBS Group
Zurich,
Switzerland
| $1.52M | +$1.02K | +16 | +0.1% |
|
3
Bank of America
Charlotte,
North Carolina
| $1.52M | – | – | – |
|
|
CS
4
Credit Suisse
Zurich,
Switzerland
| $1.52M | +$1.6M | +25,000 | New |
|
|
PP
5
Prudential plc
London, England,
United Kingdom
| $1.24M | +$197K | +3,090 | +18% |
|
|
RG
6
Rikoon Group
Santa Fe,
New Mexico
| $862K | +$96.5K | +1,510 | +12% |
|
|
7
Royal Bank of Canada
Toronto,
Ontario, Canada
| $689K | +$720K | +11,273 | +13,262% |
|
8
HighTower Advisors
Chicago,
Illinois
| $269K | +$40.6K | +635 | +17% |
|
|
9
Osaic Holdings
Scottsdale,
Arizona
| $143K | +$56.7K | +887 | +60% |
|
|
EIP
10
Ellis Investment Partners
Berwyn,
Pennsylvania
| $6K | -$19.4K | -304 | -75% |
|
|
LFF
11
Level Four Financial
Dallas,
Texas
| – | -$516K | -8,635 | Closed |
|
CCON Hedge Fund Activity: Q1 2021 in Review
10 of the 5,696 institutional investors tracked by Wall St. Rank reported a position in Direxion Connected Consumer ETF (CCON) for Q1 2021, worth a combined $9.28M — up 30% from $7.14M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of CCON and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 7 added.
The largest buyer was Credit Suisse, opening a new position worth an estimated $1.6M. The largest seller was Level Four Financial, exiting entirely with an estimated $516K sold.
- 10 institutional investors held Direxion Connected Consumer ETF (CCON) as of Q1 2021, down from 11 in Q4 2020.
- Funds reported $9.28M of Direxion Connected Consumer ETF stock for Q1 2021, up 30% quarter-over-quarter.
- 1 fund opened new Direxion Connected Consumer ETF positions in Q1 2021 and 2 closed out, a net change of -1 holder.
- The largest Direxion Connected Consumer ETF buyer in Q1 2021 was Credit Suisse, an estimated $1.6M added.
- The largest Direxion Connected Consumer ETF seller in Q1 2021 was Level Four Financial, an estimated $516K sold.
Based on aggregated 13F filings for Q1 2021.