Direxion Daily Gold Miners Index Bear 2X ETF
DUST
12 hedge funds and large institutions have $23.5M invested in Direxion Daily Gold Miners Index Bear 2X ETF in 2016 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
200% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 1
71% more funds holding
Funds holding: 7 → 12 (+5)
31% more call options, than puts
Call options by funds: $8.43M | Put options by funds: $6.45M
0% less ownership
Funds ownership: 0% → 0% (-0%)
53% less capital invested
Capital invested by funds: $50.1M → $23.5M (-$26.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$14.8M |
| 2 |
MCM
Masters Capital Management
Atlanta,
Georgia
|
+$8.43M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$5.27M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$3.16M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$2.11M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.21M |
| 2 |
VF
Virtu Financial
New York
|
-$2.41M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.05M |
| 4 |
Citigroup
New York
|
-$422K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$330K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $5K | – | – | – |
|
27
Creative Planning
Overland Park,
Kansas
| $2K | – | – | – |
|
|
CS
28
Credit Suisse
Zurich,
Switzerland
| – | -$3.21M | -2 | Closed |
|
|
VF
29
Virtu Financial
New York
| – | -$2.41M | -1 | Closed |
|
|
30
Citigroup
New York
| – | -$422K | – | – |
|
|
31
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$330K | – | – |
|
32
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$328K | – | – |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| – | -$1K | – | – |
|
DUST Hedge Fund Activity: Q1 2016 in Review
12 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bear 2X ETF (DUST) for Q1 2016, worth a combined $23.5M — down 53% from $50.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DUST positions and 2 closed out — a net gain of 5 holders — while 3 added to existing stakes and 1 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $14.8M. The largest seller was Credit Suisse, exiting entirely with an estimated $3.21M sold.
- 12 institutional investors held Direxion Daily Gold Miners Index Bear 2X ETF (DUST) as of Q1 2016, up from 7 in Q4 2015.
- Funds reported $23.5M of Direxion Daily Gold Miners Index Bear 2X ETF stock for Q1 2016, down 53% quarter-over-quarter.
- 7 funds opened new Direxion Daily Gold Miners Index Bear 2X ETF positions in Q1 2016 and 2 closed out, a net change of +5 holders.
- The largest Direxion Daily Gold Miners Index Bear 2X ETF buyer in Q1 2016 was Morgan Stanley, an estimated $14.8M added.
- The largest Direxion Daily Gold Miners Index Bear 2X ETF seller in Q1 2016 was Credit Suisse, an estimated $3.21M sold.
Based on aggregated 13F filings for Q1 2016.