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Direxion Daily Gold Miners Index Bear 2X ETF

16 hedge funds and large institutions have $71.6M invested in Direxion Daily Gold Miners Index Bear 2X ETF in 2017 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

96% more call options, than puts

Call options by funds: $98.8M | Put options by funds: $50.5M

50% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 4

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0.01% less ownership

Funds ownership: 0.02%0.01% (-0.01%)

20% less funds holding

Funds holding: 2016 (-4)

27% less capital invested

Capital invested by funds: $97.4M → $71.6M (-$25.8M)

67% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 6

Holders
16
Holders Change
-4
Holders Change %
-20%
% of All Funds
0.4%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
2
Increased
6
Reduced
4
Closed
6
Calls
$98.8M
Puts
$50.5M
Net Calls
+$48.4M
Net Calls Change
-$40.6M
Name Holding Trade Value Shares
Change
Change in
Stake
Morgan Stanley
1
Morgan Stanley
New York
$29.8M +$21.2M +263 +217%
Citigroup
2
Citigroup
New York
$10.9M
SG Americas Securities
3
SG Americas Securities
New York
$9.57M +$6.46M +80 +186%
VF
4
Virtu Financial
New York
$6.16M +$3.8M +47 +147%
Jane Street
5
Jane Street
New York
$3.25M -$2.67M -33 -44%
FTUS
6
Flow Traders U.S.
New York
$3.04M +$1.13M +14 +56%
VKH
7
Virtu KCG Holdings
New York
$2.98M -$3.55M -44 -54%
Citadel Advisors
8
Citadel Advisors
Florida
$1.83M +$1.29M +16 +200%
CT
9
CMT Trading
Illinois
$1.45M
Millennium Management
10
Millennium Management
New York
$755K +$808K +10 New
Creative Planning
11
Creative Planning
Kansas
$683K +$566K +7 +350%
Susquehanna International Group
12
Susquehanna International Group
Pennsylvania
$541K -$2.02M -25 -78%
WAM
13
Wolverine Asset Management
Illinois
$454K +$485K +6 New
CG
14
Cutler Group
California
$139K
UBS Group
15
UBS Group
Switzerland
$64K -$242K -3 -75%
ICM
16
Ionic Capital Management
New York
$31K
Parallax Volatility Advisers
17
Parallax Volatility Advisers
California
$8K
IA
18
IFP Advisors
Florida
$6K
Barclays
19
Barclays
United Kingdom
$3K
Bank of America
20
Bank of America
North Carolina
$1K
Walleye Trading
21
Walleye Trading
New York
$40
CS
22
Credit Suisse
Switzerland
-$23.2M -192 Closed
BNP Paribas Financial Markets
23
BNP Paribas Financial Markets
France
-$1.12M -9 Closed
Simplex Trading
24
Simplex Trading
Illinois
-$952K -8 Closed
TSS
25
Two Sigma Securities
New York
-$835K -7 Closed

DUST Hedge Fund Activity: Q1 2017 in Review

16 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bear 2X ETF (DUST) for Q1 2017, worth a combined $71.6M — down 27% from $97.4M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of DUST and 2 opened new positions — a net loss of 4 holders — while 4 trimmed existing stakes and 6 added.

The largest buyer was Morgan Stanley, adding an estimated $21.2M. The largest seller was Credit Suisse, exiting entirely with an estimated $23.2M sold.

  • 16 institutional investors held Direxion Daily Gold Miners Index Bear 2X ETF (DUST) as of Q1 2017, down from 20 in Q4 2016.
  • Funds reported $71.6M of Direxion Daily Gold Miners Index Bear 2X ETF stock for Q1 2017, down 27% quarter-over-quarter.
  • 2 funds opened new Direxion Daily Gold Miners Index Bear 2X ETF positions in Q1 2017 and 6 closed out, a net change of -4 holders.
  • The largest Direxion Daily Gold Miners Index Bear 2X ETF buyer in Q1 2017 was Morgan Stanley, an estimated $21.2M added.
  • The largest Direxion Daily Gold Miners Index Bear 2X ETF seller in Q1 2017 was Credit Suisse, an estimated $23.2M sold.

Based on aggregated 13F filings for Q1 2017.