Direxion Daily CSI 300 China A Share Bear 1X Shares
CHAD
CHAD was delisted on the 17th of February, 2023.
9 hedge funds and large institutions have $48.2M invested in Direxion Daily CSI 300 China A Share Bear 1X Shares in 2018 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 3 closing their positions.
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
10% less funds holding
Funds holding: 10 → 9 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
49% less capital invested
Capital invested by funds: $94.7M → $48.2M (-$46.5M)
63% less call options, than puts
Call options by funds: $2.88M | Put options by funds: $7.75M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$6.55M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$627K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$515K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$502K |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
+$264K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$59.1M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$109K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$44K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $44.3M | +$6.55M | +170,724 | +18% |
|
|
2
Citadel Advisors
Miami,
Florida
| $1.27M | +$515K | +13,444 | +72% |
|
|
OMC
3
Old Mission Capital
Chicago,
Illinois
| $813K | -$109K | -2,843 | -12% |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $798K | +$502K | +13,082 | +187% |
|
|
FTUS
5
Flow Traders U.S.
New York
| $650K | +$627K | +16,351 | New |
|
|
6
Wolverine Trading
Chicago,
Illinois
| $273K | +$264K | +6,878 | New |
|
7
Morgan Stanley
New York
| $35K | – | – | – |
|
|
NFG
8
Next Financial Group
Houston,
Texas
| $2K | – | – | – |
|
9
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $2K | – | – | – |
|
|
10
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$59.1M | -1,650,000 | Closed |
|
|
11
UBS Group
Zurich,
Switzerland
| – | -$44K | -1,215 | Closed |
|
|
12
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$5K | -141 | Closed |
|
CHAD Hedge Fund Activity: Q4 2018 in Review
9 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily CSI 300 China A Share Bear 1X Shares (CHAD) for Q4 2018, worth a combined $48.2M — down 49% from $94.7M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of CHAD and 2 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 3 added.
The largest buyer was Jane Street, adding an estimated $6.55M. The largest seller was Deutsche Bank, exiting entirely with an estimated $59.1M sold.
- 9 institutional investors held Direxion Daily CSI 300 China A Share Bear 1X Shares (CHAD) as of Q4 2018, down from 10 in Q3 2018.
- Funds reported $48.2M of Direxion Daily CSI 300 China A Share Bear 1X Shares stock for Q4 2018, down 49% quarter-over-quarter.
- 2 funds opened new Direxion Daily CSI 300 China A Share Bear 1X Shares positions in Q4 2018 and 3 closed out, a net change of -1 holder.
- The largest Direxion Daily CSI 300 China A Share Bear 1X Shares buyer in Q4 2018 was Jane Street, an estimated $6.55M added.
- The largest Direxion Daily CSI 300 China A Share Bear 1X Shares seller in Q4 2018 was Deutsche Bank, an estimated $59.1M sold.
Based on aggregated 13F filings for Q4 2018.