Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
26 hedge funds and large institutions have $62.1M invested in Direxion Daily MSCI Emerging Markets Bull 3X ETF in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 9 reducing their positions, and 10 closing their positions.
1% more capital invested
Capital invested by funds: $61.5M → $62.1M (+$540K)
0% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 9
0.12% less ownership
Funds ownership: 4.35% → 4.22% (-0.12%)
13% less call options, than puts
Call options by funds: $50.8M | Put options by funds: $58.6M
19% less funds holding
Funds holding: 32 → 26 (-6)
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$4.46M |
| 2 |
Jane Street
New York
|
+$2.68M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$2.33M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.12M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$870K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$1.96M |
| 2 |
KC
Kingfisher Capital
Charlotte,
North Carolina
|
-$1.94M |
| 3 |
VF
Virtu Financial
New York
|
-$1.18M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$1.16M |
| 5 |
GIM
Guild Investment Management
Los Angeles,
California
|
-$890K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Walleye Trading
New York
| $136 | +$121K | +1,299 | New |
|
|
KC
27
Kingfisher Capital
Charlotte,
North Carolina
| – | -$1.94M | -16,858 | Closed |
|
|
GIM
28
Guild Investment Management
Los Angeles,
California
| – | -$890K | -7,750 | Closed |
|
|
WAM
29
Wolverine Asset Management
Chicago,
Illinois
| – | -$393K | -4,225 | Closed |
|
|
HCMT
30
Highland Capital Management (Texas)
Dallas,
Texas
| – | -$431K | -3,750 | Closed |
|
31
Franklin Resources
San Mateo,
California
| – | -$207K | -1,800 | Closed |
|
|
WA
32
WFG Advisors
Dallas,
Texas
| – | -$120K | -1,048 | Closed |
|
33
VanEck Associates
New York
| – | -$115K | -1,000 | Closed |
|
|
BCM
34
Blume Capital Management
Berkeley,
California
| – | -$44K | -381 | Closed |
|
35
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$7K | -65 | Closed |
|
36
Citigroup
New York
| – | -$2K | -17 | Closed |
|
EDC Hedge Fund Activity: Q1 2014 in Review
26 of the 3,462 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) for Q1 2014, worth a combined $62.1M — up 0.88% from $61.5M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of EDC and 4 opened new positions — a net loss of 6 holders — while 9 trimmed existing stakes and 9 added.
The largest buyer was Tower Research Capital (TRC), adding an estimated $4.46M. The largest seller was Morgan Stanley, cutting an estimated $1.96M.
- 26 institutional investors held Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) as of Q1 2014, down from 32 in Q4 2013.
- Funds reported $62.1M of Direxion Daily MSCI Emerging Markets Bull 3X ETF stock for Q1 2014, up 0.88% quarter-over-quarter.
- 4 funds opened new Direxion Daily MSCI Emerging Markets Bull 3X ETF positions in Q1 2014 and 10 closed out, a net change of -6 holders.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF buyer in Q1 2014 was Tower Research Capital (TRC), an estimated $4.46M added.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF seller in Q1 2014 was Morgan Stanley, an estimated $1.96M sold.
Based on aggregated 13F filings for Q1 2014.