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CHAD

Direxion Daily CSI 300 China A Share Bear 1X Shares

Delisted

CHAD was delisted on the 17th of February, 2023.

10 hedge funds and large institutions have $113M invested in Direxion Daily CSI 300 China A Share Bear 1X Shares in 2015 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 4 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

0% more funds holding in top 10

Funds holding in top 10: 22 (0)

0% more repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 4

33% less funds holding

Funds holding: 1510 (-5)

38% less call options, than puts

Call options by funds: $10.1M | Put options by funds: $16.3M

40% less capital invested

Capital invested by funds: $188M → $113M (-$75.4M)

71% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 7

Holders
10
Holders Change
-5
Holders Change %
-33.33%
% of All Funds
0.26%
Holding in Top 10
2
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.05%
New
2
Increased
4
Reduced
4
Closed
7
Calls
$10.1M
Puts
$16.3M
Net Calls
-$6.22M
Net Calls Change
-$4.51M
Name Holding Trade Value Shares
Change
Change in
Stake
Jane Street
1
Jane Street
New York
$58.4M -$7.18M -163,253 -11%
NMC
2
Nine Masts Capital
Hong Kong
$34M +$2.42M +55,104 +7%
LP
3
LMR Partners
United Kingdom
$8.43M -$9.91M -225,386 -53%
OMC
4
Old Mission Capital
Illinois
$8.09M +$8.45M +192,074 New
HMC
5
Harvard Management Company
Massachusetts
$2.53M +$148K +3,370 +6%
Susquehanna International Group
6
Susquehanna International Group
Pennsylvania
$701K -$1.87M -42,480 -72%
Citadel Advisors
7
Citadel Advisors
Florida
$524K +$480K +10,904 +709%
UBS Group
8
UBS Group
Switzerland
$78K +$59.7K +1,358 +275%
Morgan Stanley
9
Morgan Stanley
New York
$51K -$33.5M -762,772 -100%
CG
10
Cutler Group
California
$4K +$4.4K +100 New
COLIM
11
City of London Investment Management
United Kingdom
-$2.12M -41,739 Closed
SCP
12
Scoria Capital Partners
Connecticut
-$885K -17,500 Closed
GPCM
13
Granite Point Capital Management
Massachusetts
-$759K -15,000 Closed
WAM
14
Wolverine Asset Management
Illinois
-$728K -14,394 Closed
AIM
15
Atlantic Investment Management
New York
-$708K -14,000 Closed
JG
16
Jefferies Group
New York
-$390K -7,700 Closed
Simplex Trading
17
Simplex Trading
Illinois
-$59K -1,185 Closed

CHAD Hedge Fund Activity: Q4 2015 in Review

10 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily CSI 300 China A Share Bear 1X Shares (CHAD) for Q4 2015, worth a combined $113M — down 40% from $188M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of CHAD and 2 opened new positions — a net loss of 5 holders — while 4 trimmed existing stakes and 4 added.

The largest buyer was Old Mission Capital, opening a new position worth an estimated $8.45M. The largest seller was Morgan Stanley, cutting an estimated $33.5M.

  • 10 institutional investors held Direxion Daily CSI 300 China A Share Bear 1X Shares (CHAD) as of Q4 2015, down from 15 in Q3 2015.
  • Funds reported $113M of Direxion Daily CSI 300 China A Share Bear 1X Shares stock for Q4 2015, down 40% quarter-over-quarter.
  • 2 funds opened new Direxion Daily CSI 300 China A Share Bear 1X Shares positions in Q4 2015 and 7 closed out, a net change of -5 holders.
  • The largest Direxion Daily CSI 300 China A Share Bear 1X Shares buyer in Q4 2015 was Old Mission Capital, an estimated $8.45M added.
  • The largest Direxion Daily CSI 300 China A Share Bear 1X Shares seller in Q4 2015 was Morgan Stanley, an estimated $33.5M sold.

Based on aggregated 13F filings for Q4 2015.