Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
27 hedge funds and large institutions have $31.6M invested in Direxion Daily MSCI Emerging Markets Bull 3X ETF in 2015 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 6 closing their positions.
0.18% more ownership
Funds ownership: 3.44% → 3.61% (+0.18%)
7% less funds holding
Funds holding: 29 → 27 (-2)
15% less capital invested
Capital invested by funds: $37.2M → $31.6M (-$5.63M)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
50% less call options, than puts
Call options by funds: $12M | Put options by funds: $24M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
M&T Bank
Buffalo,
New York
|
+$6.62M |
| 2 |
SG Americas Securities
New York
|
+$2.67M |
| 3 |
KC
Kingfisher Capital
Charlotte,
North Carolina
|
+$495K |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$293K |
| 5 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
+$272K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$3.59M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$3.07M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.94M |
| 4 |
CPSAC
Chas P. Smith & Associates (CPS)
Lakeland,
Florida
|
-$1.52M |
| 5 |
Jane Street
New York
|
-$1.41M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Citigroup
New York
| $2K | +$2.88K | +27 | New |
|
27
UBS Group
Zurich,
Switzerland
| $1K | -$286K | -2,677 | -100% |
|
|
VF
28
Virtu Financial
New York
| – | -$3.59M | -37,866 | Closed |
|
29
JP Morgan Chase
New York
| – | -$487K | -5,144 | Closed |
|
|
CT
30
CMT Trading
Chicago,
Illinois
| – | -$303K | -3,200 | Closed |
|
|
QC
31
QCM Cayman
Houston,
Texas
| – | -$261K | -2,754 | Closed |
|
32
Creative Planning
Overland Park,
Kansas
| – | -$59K | -625 | Closed |
|
|
SSG
33
Summit Securities Group
New York
| – | -$5K | -50 | Closed |
|
EDC Hedge Fund Activity: Q2 2015 in Review
27 of the 3,712 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) for Q2 2015, worth a combined $31.6M — down 15% from $37.2M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of EDC and 4 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 9 added.
The largest buyer was M&T Bank, opening a new position worth an estimated $6.62M. The largest seller was Virtu Financial, exiting entirely with an estimated $3.59M sold.
- 27 institutional investors held Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) as of Q2 2015, down from 29 in Q1 2015.
- Funds reported $31.6M of Direxion Daily MSCI Emerging Markets Bull 3X ETF stock for Q2 2015, down 15% quarter-over-quarter.
- 4 funds opened new Direxion Daily MSCI Emerging Markets Bull 3X ETF positions in Q2 2015 and 6 closed out, a net change of -2 holders.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF buyer in Q2 2015 was M&T Bank, an estimated $6.62M added.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF seller in Q2 2015 was Virtu Financial, an estimated $3.59M sold.
Based on aggregated 13F filings for Q2 2015.