Market Vectors Double Short Euro ETN
DRR was delisted on the 29th of April, 2020.
11 hedge funds and large institutions have $14M invested in Market Vectors Double Short Euro ETN in 2016 Q1 according to their latest regulatory filings, with 0 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 2 closing their positions.
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
15% less funds holding
Funds holding: 13 → 11 (-2)
55% less capital invested
Capital invested by funds: $31M → $14M (-$17M)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFP
Cornerstone Financial Partners
Huntersville,
North Carolina
|
+$1.57M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$723K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$186K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$42.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$17.3M |
| 2 |
Jane Street
New York
|
-$177K |
| 3 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
-$20.2K |
| 4 |
Citigroup
New York
|
-$3K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $4.05M | -$17.3M | -300,000 | -80% |
|
|
ECM
2
Evergreen Capital Management
Bellevue,
Washington
| $3.45M | -$20.2K | -350 | -0.5% |
|
|
CFP
3
Cornerstone Financial Partners
Huntersville,
North Carolina
| $2.4M | +$1.57M | +27,172 | +157% |
|
|
4
Jane Street
New York
| $1.8M | -$177K | -3,057 | -8% |
|
|
5
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $975K | +$723K | +12,515 | +226% |
|
|
VKH
6
Virtu KCG Holdings
New York
| $955K | +$186K | +3,228 | +22% |
|
|
WCM
7
Windward Capital Management
Los Angeles,
California
| $340K | – | – | – |
|
|
8
UBS Group
Zurich,
Switzerland
| $60K | +$42.1K | +729 | +191% |
|
|
MFS
9
MSI Financial Services
Springfield,
Massachusetts
| $3K | – | – | – |
|
|
WTB
10
Washington Trust Bank
Spokane,
Washington
| $3K | – | – | – |
|
|
11
Citigroup
New York
| – | -$3K | -50 | Closed |
|
|
TRCT
12
Tower Research Capital (TRC)
New York
| – | -$1K | -12 | Closed |
|
DRR Hedge Fund Activity: Q1 2016 in Review
11 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Market Vectors Double Short Euro ETN (DRR) for Q1 2016, worth a combined $14M — down 55% from $31M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of DRR and 0 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 4 added.
The largest buyer was Cornerstone Financial Partners, adding an estimated $1.57M. The largest seller was Morgan Stanley, cutting an estimated $17.3M.
- 11 institutional investors held Market Vectors Double Short Euro ETN (DRR) as of Q1 2016, down from 13 in Q4 2015.
- Funds reported $14M of Market Vectors Double Short Euro ETN stock for Q1 2016, down 55% quarter-over-quarter.
- 0 funds opened new Market Vectors Double Short Euro ETN positions in Q1 2016 and 2 closed out, a net change of -2 holders.
- The largest Market Vectors Double Short Euro ETN buyer in Q1 2016 was Cornerstone Financial Partners, an estimated $1.57M added.
- The largest Market Vectors Double Short Euro ETN seller in Q1 2016 was Morgan Stanley, an estimated $17.3M sold.
Based on aggregated 13F filings for Q1 2016.