Market Vectors Double Short Euro ETN
DRR was delisted on the 29th of April, 2020.
6 hedge funds and large institutions have $27.8M invested in Market Vectors Double Short Euro ETN in 2017 Q1 according to their latest regulatory filings, with funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
6% more capital invested
Capital invested by funds: $26.2M → $27.8M (+$1.67M)
40% less funds holding
Funds holding: 10 → 6 (-4)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$6.85M |
| 2 |
Jane Street
New York
|
+$912K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$18.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ECM
Evergreen Capital Management
Bellevue,
Washington
|
-$3.19M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.46M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$430K |
| 4 |
WCM
Windward Capital Management
Los Angeles,
California
|
-$403K |
| 5 |
WTB
Washington Trust Bank
Spokane,
Washington
|
-$3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $24M | +$6.85M | +110,000 | +40% |
|
|
2
Jane Street
New York
| $2.65M | +$912K | +14,653 | +53% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $774K | -$1.46M | -23,493 | -65% |
|
|
VKH
4
Virtu KCG Holdings
New York
| $379K | -$430K | -6,913 | -53% |
|
|
5
UBS Group
Zurich,
Switzerland
| $30K | +$18.3K | +294 | +157% |
|
|
ECM
6
Evergreen Capital Management
Bellevue,
Washington
| – | -$3.19M | -49,165 | Closed |
|
|
WCM
7
Windward Capital Management
Los Angeles,
California
| – | -$403K | -6,300 | Closed |
|
|
WTB
8
Washington Trust Bank
Spokane,
Washington
| – | -$3K | -50 | Closed |
|
DRR Hedge Fund Activity: Q1 2017 in Review
6 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Market Vectors Double Short Euro ETN (DRR) for Q1 2017, worth a combined $27.8M — up 6.4% from $26.2M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of DRR and 0 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 3 added.
The largest buyer was Morgan Stanley, adding an estimated $6.85M. The largest seller was Evergreen Capital Management, exiting entirely with an estimated $3.19M sold.
- 6 institutional investors held Market Vectors Double Short Euro ETN (DRR) as of Q1 2017, down from 10 in Q4 2016.
- Funds reported $27.8M of Market Vectors Double Short Euro ETN stock for Q1 2017, up 6.4% quarter-over-quarter.
- 0 funds opened new Market Vectors Double Short Euro ETN positions in Q1 2017 and 3 closed out, a net change of -3 holders.
- The largest Market Vectors Double Short Euro ETN buyer in Q1 2017 was Morgan Stanley, an estimated $6.85M added.
- The largest Market Vectors Double Short Euro ETN seller in Q1 2017 was Evergreen Capital Management, an estimated $3.19M sold.
Based on aggregated 13F filings for Q1 2017.