Market Vectors Double Short Euro ETN
DRR was delisted on the 29th of April, 2020.
10 hedge funds and large institutions have $18.6M invested in Market Vectors Double Short Euro ETN in 2016 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 2 closing their positions.
32% more capital invested
Capital invested by funds: $14M → $18.6M (+$4.56M)
9% less funds holding
Funds holding: 11 → 10 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$8.23M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$1.65K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CFP
Cornerstone Financial Partners
Huntersville,
North Carolina
|
-$2.4M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
-$955K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$643K |
| 4 |
Jane Street
New York
|
-$581K |
| 5 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
-$59.6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $12.9M | +$8.23M | +150,000 | +200% |
|
|
ECM
2
Evergreen Capital Management
Bellevue,
Washington
| $3.61M | -$59.6K | -1,085 | -2% |
|
|
3
Jane Street
New York
| $1.31M | -$581K | -10,590 | -32% |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $365K | -$643K | -11,720 | -65% |
|
|
WCM
5
Windward Capital Management
Los Angeles,
California
| $362K | – | – | – |
|
6
UBS Group
Zurich,
Switzerland
| $4K | -$57.4K | -1,045 | -94% |
|
|
MFS
7
MSI Financial Services
Springfield,
Massachusetts
| $3K | – | – | – |
|
|
WTB
8
Washington Trust Bank
Spokane,
Washington
| $3K | – | – | – |
|
|
9
Creative Planning
Overland Park,
Kansas
| $2K | +$1.65K | +30 | New |
|
|
CFP
10
Cornerstone Financial Partners
Huntersville,
North Carolina
| – | -$2.4M | -44,520 | Closed |
|
|
VKH
11
Virtu KCG Holdings
New York
| – | -$955K | -17,687 | Closed |
|
DRR Hedge Fund Activity: Q2 2016 in Review
10 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Market Vectors Double Short Euro ETN (DRR) for Q2 2016, worth a combined $18.6M — up 32% from $14M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of DRR and 1 opened new positions — a net loss of 1 holder — while 4 trimmed existing stakes and 1 added.
The largest buyer was Morgan Stanley, adding an estimated $8.23M. The largest seller was Cornerstone Financial Partners, exiting entirely with an estimated $2.4M sold.
- 10 institutional investors held Market Vectors Double Short Euro ETN (DRR) as of Q2 2016, down from 11 in Q1 2016.
- Funds reported $18.6M of Market Vectors Double Short Euro ETN stock for Q2 2016, up 32% quarter-over-quarter.
- 1 fund opened new Market Vectors Double Short Euro ETN positions in Q2 2016 and 2 closed out, a net change of -1 holder.
- The largest Market Vectors Double Short Euro ETN buyer in Q2 2016 was Morgan Stanley, an estimated $8.23M added.
- The largest Market Vectors Double Short Euro ETN seller in Q2 2016 was Cornerstone Financial Partners, an estimated $2.4M sold.
Based on aggregated 13F filings for Q2 2016.