Direxion Daily CSI 300 China A Share Bear 1X Shares
CHAD
CHAD was delisted on the 17th of February, 2023.
10 hedge funds and large institutions have $51.5M invested in Direxion Daily CSI 300 China A Share Bear 1X Shares in 2016 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 5 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
97% more call options, than puts
Call options by funds: $476K | Put options by funds: $242K
23% less funds holding
Funds holding: 13 → 10 (-3)
27% less capital invested
Capital invested by funds: $70.7M → $51.5M (-$19.2M)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$4.32M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$186K |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
+$47.9K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$8.29K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$2.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NMC
Nine Masts Capital
Central,
Hong Kong
|
-$20M |
| 2 |
GPCM
Granite Point Capital Management
Boston,
Massachusetts
|
-$665K |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$287K |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$231K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$109K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $42.2M | +$4.32M | +103,667 | +11% |
|
|
OMC
2
Old Mission Capital
Chicago,
Illinois
| $6M | +$186K | +4,465 | +3% |
|
|
HMC
3
Harvard Management Company
Boston,
Massachusetts
| $2.49M | – | – | – |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $656K | -$109K | -2,617 | -14% |
|
|
AG
5
Advisor Group
Phoenix,
Arizona
| $48K | +$47.9K | +1,150 | New |
|
|
6
UBS Group
Zurich,
Switzerland
| $38K | +$2.5K | +60 | +7% |
|
7
Morgan Stanley
New York
| $36K | – | – | – |
|
|
FTUS
8
Flow Traders U.S.
New York
| $13K | +$8.29K | +199 | +159% |
|
|
CG
9
Cutler Group
San Francisco,
California
| $4K | -$10.5K | -251 | -68% |
|
|
NFG
10
Next Financial Group
Houston,
Texas
| $2K | +$2.08K | +50 | New |
|
|
NMC
11
Nine Masts Capital
Central,
Hong Kong
| – | -$20M | -456,920 | Closed |
|
|
GPCM
12
Granite Point Capital Management
Boston,
Massachusetts
| – | -$665K | -15,223 | Closed |
|
|
13
Citadel Advisors
Miami,
Florida
| – | -$287K | -6,575 | Closed |
|
|
VKH
14
Virtu KCG Holdings
New York
| – | -$231K | -5,293 | Closed |
|
15
Simplex Trading
Chicago,
Illinois
| – | -$76K | -1,759 | Closed |
|
CHAD Hedge Fund Activity: Q3 2016 in Review
10 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily CSI 300 China A Share Bear 1X Shares (CHAD) for Q3 2016, worth a combined $51.5M — down 27% from $70.7M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of CHAD and 2 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 4 added.
The largest buyer was Jane Street, adding an estimated $4.32M. The largest seller was Nine Masts Capital, exiting entirely with an estimated $20M sold.
- 10 institutional investors held Direxion Daily CSI 300 China A Share Bear 1X Shares (CHAD) as of Q3 2016, down from 13 in Q2 2016.
- Funds reported $51.5M of Direxion Daily CSI 300 China A Share Bear 1X Shares stock for Q3 2016, down 27% quarter-over-quarter.
- 2 funds opened new Direxion Daily CSI 300 China A Share Bear 1X Shares positions in Q3 2016 and 5 closed out, a net change of -3 holders.
- The largest Direxion Daily CSI 300 China A Share Bear 1X Shares buyer in Q3 2016 was Jane Street, an estimated $4.32M added.
- The largest Direxion Daily CSI 300 China A Share Bear 1X Shares seller in Q3 2016 was Nine Masts Capital, an estimated $20M sold.
Based on aggregated 13F filings for Q3 2016.