Direxion Daily CSI 300 China A Share Bear 1X Shares
CHAD
CHAD was delisted on the 17th of February, 2023.
7 hedge funds and large institutions have $3M invested in Direxion Daily CSI 300 China A Share Bear 1X Shares in 2020 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 6 closing their positions.
36% less funds holding
Funds holding: 11 → 7 (-4)
44% less capital invested
Capital invested by funds: $5.33M → $3M (-$2.34M)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CG
Cutler Group
San Francisco,
California
|
+$94.4K |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$10.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$1.11M |
| 2 |
HP
Hikari Power
Tokyo,
Japan
|
-$478K |
| 3 |
XS
XR Securities
Chicago,
Illinois
|
-$466K |
| 4 |
Jane Street
New York
|
-$338K |
| 5 |
LPL Financial
San Diego,
California
|
-$251K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.51M | -$83.7K | -3,013 | -5% |
|
|
VF
2
Virtu Financial
New York
| $709K | +$770K | +27,727 | New |
|
|
3
Jane Street
New York
| $665K | -$338K | -12,173 | -32% |
|
|
CG
4
Cutler Group
San Francisco,
California
| $86K | +$94.4K | +3,399 | New |
|
5
Morgan Stanley
New York
| $22K | – | – | – |
|
|
6
UBS Group
Zurich,
Switzerland
| $10K | +$10.1K | +365 | +811% |
|
|
7
Goldman Sachs
New York
| – | -$1.11M | -37,026 | Closed |
|
|
HP
8
Hikari Power
Tokyo,
Japan
| – | -$478K | -16,000 | Closed |
|
|
XS
9
XR Securities
Chicago,
Illinois
| – | -$466K | -15,580 | Closed |
|
|
10
LPL Financial
San Diego,
California
| – | -$251K | -8,394 | Closed |
|
11
Simplex Trading
Chicago,
Illinois
| – | -$12K | -412 | Closed |
|
|
NFG
12
Next Financial Group
Houston,
Texas
| – | -$1K | -50 | Closed |
|
CHAD Hedge Fund Activity: Q2 2020 in Review
7 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily CSI 300 China A Share Bear 1X Shares (CHAD) for Q2 2020, worth a combined $3M — down 44% from $5.33M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of CHAD and 2 opened new positions — a net loss of 4 holders — while 2 trimmed existing stakes and 1 added.
The largest buyer was Cutler Group, opening a new position worth an estimated $94.4K. The largest seller was Goldman Sachs, exiting entirely with an estimated $1.11M sold.
- 7 institutional investors held Direxion Daily CSI 300 China A Share Bear 1X Shares (CHAD) as of Q2 2020, down from 11 in Q1 2020.
- Funds reported $3M of Direxion Daily CSI 300 China A Share Bear 1X Shares stock for Q2 2020, down 44% quarter-over-quarter.
- 2 funds opened new Direxion Daily CSI 300 China A Share Bear 1X Shares positions in Q2 2020 and 6 closed out, a net change of -4 holders.
- The largest Direxion Daily CSI 300 China A Share Bear 1X Shares buyer in Q2 2020 was Cutler Group, an estimated $94.4K added.
- The largest Direxion Daily CSI 300 China A Share Bear 1X Shares seller in Q2 2020 was Goldman Sachs, an estimated $1.11M sold.
Based on aggregated 13F filings for Q2 2020.