Direxion Daily CSI 300 China A Share Bear 1X Shares
CHAD
CHAD was delisted on the 17th of February, 2023.
11 hedge funds and large institutions have $4.47M invested in Direxion Daily CSI 300 China A Share Bear 1X Shares in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 3 closing their positions.
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
22% more funds holding
Funds holding: 9 → 11 (+2)
5% more call options, than puts
Call options by funds: $1.74M | Put options by funds: $1.65M
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
91% less capital invested
Capital invested by funds: $48.2M → $4.47M (-$43.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$428K |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$376K |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
+$127K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$66.7K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$47.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$35.8M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$685K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$650K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$185K |
| 5 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
-$2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $1.94M | -$35.8M | -1,048,797 | -94% |
|
|
OMC
2
Old Mission Capital
Chicago,
Illinois
| $930K | +$376K | +11,029 | +54% |
|
|
3
Citadel Advisors
Miami,
Florida
| $787K | -$185K | -5,415 | -17% |
|
|
VF
4
Virtu Financial
New York
| $371K | +$428K | +12,543 | New |
|
|
5
Wolverine Trading
Chicago,
Illinois
| $313K | +$127K | +3,718 | +54% |
|
|
6
UBS Group
Zurich,
Switzerland
| $58K | +$66.7K | +1,955 | New |
|
|
7
Simplex Trading
Chicago,
Illinois
| $41K | +$47.4K | +1,390 | New |
|
8
Morgan Stanley
New York
| $26K | – | – | – |
|
|
CG
9
Cutler Group
San Francisco,
California
| $2K | +$3.38K | +99 | New |
|
|
NFG
10
Next Financial Group
Houston,
Texas
| $1K | – | – | – |
|
|
NFH
11
NEXT Financial Holdings
Houston,
Texas
| $1K | +$1.71K | +50 | New |
|
|
12
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$685K | -20,072 | Closed |
|
|
FTUS
13
Flow Traders U.S.
New York
| – | -$650K | -16,351 | Closed |
|
|
14
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$2K | -50 | Closed |
|
CHAD Hedge Fund Activity: Q1 2019 in Review
11 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily CSI 300 China A Share Bear 1X Shares (CHAD) for Q1 2019, worth a combined $4.47M — down 91% from $48.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new CHAD positions and 3 closed out — a net gain of 2 holders — while 2 added to existing stakes and 2 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $428K. The largest seller was Jane Street, cutting an estimated $35.8M.
- 11 institutional investors held Direxion Daily CSI 300 China A Share Bear 1X Shares (CHAD) as of Q1 2019, up from 9 in Q4 2018.
- Funds reported $4.47M of Direxion Daily CSI 300 China A Share Bear 1X Shares stock for Q1 2019, down 91% quarter-over-quarter.
- 5 funds opened new Direxion Daily CSI 300 China A Share Bear 1X Shares positions in Q1 2019 and 3 closed out, a net change of +2 holders.
- The largest Direxion Daily CSI 300 China A Share Bear 1X Shares buyer in Q1 2019 was Virtu Financial, an estimated $428K added.
- The largest Direxion Daily CSI 300 China A Share Bear 1X Shares seller in Q1 2019 was Jane Street, an estimated $35.8M sold.
Based on aggregated 13F filings for Q1 2019.