Direxion Daily CSI 300 China A Share Bear 1X Shares
CHAD
CHAD was delisted on the 17th of February, 2023.
15 hedge funds and large institutions have $188M invested in Direxion Daily CSI 300 China A Share Bear 1X Shares in 2015 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 2 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
350% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 2
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
88% more funds holding
Funds holding: 8 → 15 (+7)
68% more capital invested
Capital invested by funds: $112M → $188M (+$76.3M)
54% less call options, than puts
Call options by funds: $1.46M | Put options by funds: $3.17M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
+$37.2M |
| 2 |
Jane Street
New York
|
+$26.5M |
| 3 |
Morgan Stanley
New York
|
+$17.5M |
| 4 |
HMC
Harvard Management Company
Boston,
Massachusetts
|
+$1.82M |
| 5 |
SCP
Scoria Capital Partners
Stamford,
Connecticut
|
+$867K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LP
LMR Partners
London,
United Kingdom
|
-$28.5M |
| 2 |
SG Americas Securities
New York
|
-$117K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$3K |
CHAD Hedge Fund Activity: Q3 2015 in Review
15 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily CSI 300 China A Share Bear 1X Shares (CHAD) for Q3 2015, worth a combined $188M — up 68% from $112M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new CHAD positions and 2 closed out — a net gain of 7 holders — while 5 added to existing stakes and 1 trimmed.
The largest buyer was Nine Masts Capital, opening a new position worth an estimated $37.2M. The largest seller was LMR Partners, cutting an estimated $28.5M.
- 15 institutional investors held Direxion Daily CSI 300 China A Share Bear 1X Shares (CHAD) as of Q3 2015, up from 8 in Q2 2015.
- Funds reported $188M of Direxion Daily CSI 300 China A Share Bear 1X Shares stock for Q3 2015, up 68% quarter-over-quarter.
- 9 funds opened new Direxion Daily CSI 300 China A Share Bear 1X Shares positions in Q3 2015 and 2 closed out, a net change of +7 holders.
- The largest Direxion Daily CSI 300 China A Share Bear 1X Shares buyer in Q3 2015 was Nine Masts Capital, an estimated $37.2M added.
- The largest Direxion Daily CSI 300 China A Share Bear 1X Shares seller in Q3 2015 was LMR Partners, an estimated $28.5M sold.
Based on aggregated 13F filings for Q3 2015.