Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
26 hedge funds and large institutions have $66.1M invested in Direxion Daily MSCI Emerging Markets Bull 3X ETF in 2014 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 7 increasing their positions, 7 reducing their positions, and 9 closing their positions.
7% more capital invested
Capital invested by funds: $62.1M → $66.1M (+$4.07M)
1.34% more ownership
Funds ownership: 4.22% → 5.56% (+1.3%)
0% more funds holding
Funds holding: 26 → 26 (0)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
0% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 7
24% less call options, than puts
Call options by funds: $36.4M | Put options by funds: $47.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$14.1M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$2.25M |
| 3 |
KC
Kingfisher Capital
Charlotte,
North Carolina
|
+$1.65M |
| 4 |
Citigroup
New York
|
+$1.44M |
| 5 |
ICM
Ionic Capital Management
New York
|
+$763K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$6.54M |
| 2 |
VF
Virtu Financial
New York
|
-$5.63M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$5.61M |
| 4 |
Jane Street
New York
|
-$3.57M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.23M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
U
26
UBS
Zurich,
Switzerland
| $52K | -$648K | -5,629 | -93% |
|
|
VF
27
Virtu Financial
New York
| – | -$5.63M | -53,930 | Closed |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| – | -$5.61M | -53,673 | Closed |
|
|
29
Jane Street
New York
| – | -$3.57M | -30,986 | Closed |
|
|
PRCM
30
Pine River Capital Management
Minnetonka,
Minnesota
| – | -$1.49M | -14,300 | Closed |
|
|
VKH
31
Virtu KCG Holdings
New York
| – | -$667K | -6,383 | Closed |
|
|
WS
32
Wedbush Securities
Los Angeles,
California
| – | -$272K | -2,607 | Closed |
|
33
Walleye Trading
New York
| – | -$150K | -1,299 | Closed |
|
34
Creative Planning
Overland Park,
Kansas
| – | -$3K | -24 | Closed |
|
|
PFG
35
Piershale Financial Group
Barrington,
Illinois
| – | -$2K | -21 | Closed |
|
EDC Hedge Fund Activity: Q2 2014 in Review
26 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) for Q2 2014, worth a combined $66.1M — up 6.6% from $62.1M a quarter earlier.
Fund positioning in EDC was balanced in Q2 2014: 9 funds opened new positions, 9 closed out, 7 added to existing stakes and 7 trimmed.
The largest buyer was Credit Suisse, adding an estimated $14.1M. The largest seller was Envestnet Asset Management, cutting an estimated $6.54M.
- 26 institutional investors held Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) as of Q2 2014, unchanged from Q1 2014.
- Funds reported $66.1M of Direxion Daily MSCI Emerging Markets Bull 3X ETF stock for Q2 2014, up 6.6% quarter-over-quarter.
- 9 funds opened new Direxion Daily MSCI Emerging Markets Bull 3X ETF positions in Q2 2014 and 9 closed out, a net change of 0 holders.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF buyer in Q2 2014 was Credit Suisse, an estimated $14.1M added.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF seller in Q2 2014 was Envestnet Asset Management, an estimated $6.54M sold.
Based on aggregated 13F filings for Q2 2014.