Market Vectors Double Short Euro ETN
DRR was delisted on the 29th of April, 2020.
13 hedge funds and large institutions have $31M invested in Market Vectors Double Short Euro ETN in 2015 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 4 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
30% more funds holding
Funds holding: 10 → 13 (+3)
50% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 4
71% less capital invested
Capital invested by funds: $106M → $31M (-$75M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
+$166K |
| 2 |
Jane Street
New York
|
+$9.64K |
| 3 |
Citigroup
New York
|
+$2.96K |
| 4 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$2.96K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$710 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$77.8M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.67M |
| 3 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
-$169K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$50.7K |
| 5 |
US Bancorp
Minneapolis,
Minnesota
|
-$9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $22.4M | -$77.8M | -1,315,000 | -78% |
|
|
ECM
2
Evergreen Capital Management
Bellevue,
Washington
| $3.84M | -$169K | -2,850 | -4% |
|
|
3
Jane Street
New York
| $2.17M | +$9.64K | +163 | +0.4% |
|
|
CFP
4
Cornerstone Financial Partners
Huntersville,
North Carolina
| $1.04M | +$1.03M | +17,348 | New |
|
|
VKH
5
Virtu KCG Holdings
New York
| $863K | +$166K | +2,806 | +24% |
|
|
WCM
6
Windward Capital Management
Los Angeles,
California
| $376K | – | – | – |
|
|
7
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $331K | -$2.67M | -45,067 | -89% |
|
|
8
UBS Group
Zurich,
Switzerland
| $23K | -$50.7K | -857 | -69% |
|
|
WTB
9
Washington Trust Bank
Spokane,
Washington
| $3K | – | – | – |
|
|
10
Citigroup
New York
| $3K | +$2.96K | +50 | New |
|
|
MFS
11
MSI Financial Services
Springfield,
Massachusetts
| $3K | +$2.96K | +50 | New |
|
|
TRCT
12
Tower Research Capital (TRC)
New York
| $1K | +$710 | +12 | New |
|
|
13
US Bancorp
Minneapolis,
Minnesota
| – | -$9K | -150 | Closed |
|
DRR Hedge Fund Activity: Q4 2015 in Review
13 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Market Vectors Double Short Euro ETN (DRR) for Q4 2015, worth a combined $31M — down 71% from $106M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new DRR positions and 1 closed out — a net gain of 3 holders — while 2 added to existing stakes and 4 trimmed.
The largest buyer was Virtu KCG Holdings, adding an estimated $166K. The largest seller was Morgan Stanley, cutting an estimated $77.8M.
- 13 institutional investors held Market Vectors Double Short Euro ETN (DRR) as of Q4 2015, up from 10 in Q3 2015.
- Funds reported $31M of Market Vectors Double Short Euro ETN stock for Q4 2015, down 71% quarter-over-quarter.
- 4 funds opened new Market Vectors Double Short Euro ETN positions in Q4 2015 and 1 closed out, a net change of +3 holders.
- The largest Market Vectors Double Short Euro ETN buyer in Q4 2015 was Virtu KCG Holdings, an estimated $166K added.
- The largest Market Vectors Double Short Euro ETN seller in Q4 2015 was Morgan Stanley, an estimated $77.8M sold.
Based on aggregated 13F filings for Q4 2015.