Direxion Daily CSI China Internet Index Bull 2X ETF
CWEB
9 hedge funds and large institutions have $2.89M invested in Direxion Daily CSI China Internet Index Bull 2X ETF in 2023 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 10 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
0.3% less ownership
Funds ownership: 1.18% → 0.88% (-0.3%)
32% less capital invested
Capital invested by funds: $4.25M → $2.89M (-$1.35M)
44% less funds holding
Funds holding: 16 → 9 (-7)
59% less call options, than puts
Call options by funds: $5.8M | Put options by funds: $14.3M
70% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LJAC
L.J. Altfest & Co
New York
|
+$1.64M |
| 2 |
VF
Virtu Financial
New York
|
+$295K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$276K |
| 4 |
Morgan Stanley
New York
|
+$130K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$13.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$930K |
| 2 |
Goldman Sachs
New York
|
-$657K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$634K |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
-$295K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$166K |
CWEB Hedge Fund Activity: Q2 2023 in Review
9 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily CSI China Internet Index Bull 2X ETF (CWEB) for Q2 2023, worth a combined $2.89M — down 32% from $4.25M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of CWEB and 3 opened new positions — a net loss of 7 holders — while 2 trimmed existing stakes and 3 added.
The largest buyer was L.J. Altfest & Co, opening a new position worth an estimated $1.64M. The largest seller was HRT Financial, exiting entirely with an estimated $930K sold.
- 9 institutional investors held Direxion Daily CSI China Internet Index Bull 2X ETF (CWEB) as of Q2 2023, down from 16 in Q1 2023.
- Funds reported $2.89M of Direxion Daily CSI China Internet Index Bull 2X ETF stock for Q2 2023, down 32% quarter-over-quarter.
- 3 funds opened new Direxion Daily CSI China Internet Index Bull 2X ETF positions in Q2 2023 and 10 closed out, a net change of -7 holders.
- The largest Direxion Daily CSI China Internet Index Bull 2X ETF buyer in Q2 2023 was L.J. Altfest & Co, an estimated $1.64M added.
- The largest Direxion Daily CSI China Internet Index Bull 2X ETF seller in Q2 2023 was HRT Financial, an estimated $930K sold.
Based on aggregated 13F filings for Q2 2023.