Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
31 hedge funds and large institutions have $28.1M invested in Direxion Daily MSCI Emerging Markets Bull 3X ETF in 2015 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 7 closing their positions.
57% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 7
15% more funds holding
Funds holding: 27 → 31 (+4)
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
0.78% more ownership
Funds ownership: 3.61% → 4.39% (+0.78%)
11% less capital invested
Capital invested by funds: $31.6M → $28.1M (-$3.49M)
40% less call options, than puts
Call options by funds: $6.11M | Put options by funds: $10.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$5.97M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$5.58M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
+$3.98M |
| 4 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$1.66M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
-$4.56M |
| 2 |
KC
Kingfisher Capital
Charlotte,
North Carolina
|
-$1.51M |
| 3 |
Jane Street
New York
|
-$1.16M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$352K |
| 5 |
AC
AFAM Capital
Austin,
Texas
|
-$307K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
26
Wolverine Asset Management
Chicago,
Illinois
| $53K | -$105K | -1,650 | -60% |
|
27
Morgan Stanley
New York
| $40K | -$62.9K | -987 | -55% |
|
28
Royal Bank of Canada
Toronto,
Ontario, Canada
| $40K | – | – | – |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| $7K | +$9.56K | +150 | New |
|
|
MA
30
MUFG Americas
New York
| $4K | +$5.16K | +81 | New |
|
|
PFG
31
Piershale Financial Group
Barrington,
Illinois
| $2K | +$2.74K | +43 | New |
|
|
32
SG Americas Securities
New York
| – | -$4.56M | -50,000 | Closed |
|
|
KC
33
Kingfisher Capital
Charlotte,
North Carolina
| – | -$1.51M | -16,591 | Closed |
|
|
AC
34
AFAM Capital
Austin,
Texas
| – | -$307K | -3,364 | Closed |
|
|
CPSAC
35
Chas P. Smith & Associates (CPS)
Lakeland,
Florida
| – | -$272K | -2,989 | Closed |
|
36
Walleye Trading
New York
| – | -$60K | -942 | Closed |
|
|
AIG
37
American International Group
New York
| – | -$11.3K | -125 | Closed |
|
|
CFA
38
Carroll Financial Associates
Charlotte,
North Carolina
| – | -$7K | -77 | Closed |
|
EDC Hedge Fund Activity: Q3 2015 in Review
31 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) for Q3 2015, worth a combined $28.1M — down 11% from $31.6M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new EDC positions and 7 closed out — a net gain of 4 holders — while 9 added to existing stakes and 8 trimmed.
The largest buyer was Gramercy Funds Management, opening a new position worth an estimated $5.97M. The largest seller was SG Americas Securities, exiting entirely with an estimated $4.56M sold.
- 31 institutional investors held Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) as of Q3 2015, up from 27 in Q2 2015.
- Funds reported $28.1M of Direxion Daily MSCI Emerging Markets Bull 3X ETF stock for Q3 2015, down 11% quarter-over-quarter.
- 11 funds opened new Direxion Daily MSCI Emerging Markets Bull 3X ETF positions in Q3 2015 and 7 closed out, a net change of +4 holders.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF buyer in Q3 2015 was Gramercy Funds Management, an estimated $5.97M added.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF seller in Q3 2015 was SG Americas Securities, an estimated $4.56M sold.
Based on aggregated 13F filings for Q3 2015.