Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
32 hedge funds and large institutions have $61.5M invested in Direxion Daily MSCI Emerging Markets Bull 3X ETF in 2013 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 4 closing their positions.
150% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 4
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
23% more funds holding
Funds holding: 26 → 32 (+6)
20% more capital invested
Capital invested by funds: $51.3M → $61.5M (+$10.2M)
0.08% less ownership
Funds ownership: 4.42% → 4.35% (-0.08%)
34% less call options, than puts
Call options by funds: $36.9M | Put options by funds: $56.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$7.63M |
| 2 |
Morgan Stanley
New York
|
+$2.47M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$1.64M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.46M |
| 5 |
PRCM
Pine River Capital Management
Minnetonka,
Minnesota
|
+$1.36M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$8.93M |
| 2 |
Goldman Sachs
New York
|
-$2.16M |
| 3 |
Citigroup
New York
|
-$1.43M |
| 4 |
Jane Street
New York
|
-$1.09M |
| 5 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
-$332K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WA
26
WFG Advisors
Dallas,
Texas
| $120K | +$27K | +236 | +29% |
|
27
VanEck Associates
New York
| $115K | +$115K | +1,000 | New |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $94K | – | – | – |
|
|
BCM
29
Blume Capital Management
Berkeley,
California
| $44K | +$43.7K | +381 | New |
|
30
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $7K | +$7.45K | +65 | New |
|
31
Creative Planning
Overland Park,
Kansas
| $3K | – | – | – |
|
|
32
Citigroup
New York
| $2K | -$1.43M | -12,503 | -100% |
|
|
WSTAM
33
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
| – | -$332K | -3,110 | Closed |
|
|
QC
34
QCM Cayman
Houston,
Texas
| – | -$244K | -2,285 | Closed |
|
|
MA
35
MUFG Americas
New York
| – | -$19K | -175 | Closed |
|
36
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$10K | -93 | Closed |
|
EDC Hedge Fund Activity: Q4 2013 in Review
32 of the 3,445 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) for Q4 2013, worth a combined $61.5M — up 20% from $51.3M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new EDC positions and 4 closed out — a net gain of 6 holders — while 12 added to existing stakes and 7 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $7.63M. The largest seller was Credit Suisse, cutting an estimated $8.93M.
- 32 institutional investors held Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) as of Q4 2013, up from 26 in Q3 2013.
- Funds reported $61.5M of Direxion Daily MSCI Emerging Markets Bull 3X ETF stock for Q4 2013, up 20% quarter-over-quarter.
- 10 funds opened new Direxion Daily MSCI Emerging Markets Bull 3X ETF positions in Q4 2013 and 4 closed out, a net change of +6 holders.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF buyer in Q4 2013 was Virtu Financial, an estimated $7.63M added.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF seller in Q4 2013 was Credit Suisse, an estimated $8.93M sold.
Based on aggregated 13F filings for Q4 2013.