Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
27 hedge funds and large institutions have $24.5M invested in Direxion Daily MSCI Emerging Markets Bull 3X ETF in 2015 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 11 reducing their positions, and 9 closing their positions.
0.58% less ownership
Funds ownership: 4.39% → 3.81% (-0.58%)
13% less capital invested
Capital invested by funds: $28.1M → $24.5M (-$3.61M)
13% less funds holding
Funds holding: 31 → 27 (-4)
18% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 11
40% less call options, than puts
Call options by funds: $4.47M | Put options by funds: $7.45M
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$4.47M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.86M |
| 3 |
KC
Kingfisher Capital
Charlotte,
North Carolina
|
+$1.24M |
| 4 |
Morgan Stanley
New York
|
+$695K |
| 5 |
Jane Street
New York
|
+$689K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Nomura Holdings
Tokyo,
Japan
|
-$3.02M |
| 2 |
M&T Bank
Buffalo,
New York
|
-$3M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$1.37M |
| 4 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$1.26M |
| 5 |
VCAM
Valentine Capital Asset Management
Danville,
California
|
-$732K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CG
26
Cutler Group
San Francisco,
California
| $1K | +$1.26K | +23 | New |
|
|
27
Nomura Holdings
Tokyo,
Japan
| – | -$3.02M | -62,500 | Closed |
|
|
28
M&T Bank
Buffalo,
New York
| – | -$3M | -62,100 | Closed |
|
|
TH
29
Timber Hill
Greenwich,
Connecticut
| – | -$1.26M | -26,076 | Closed |
|
|
VCAM
30
Valentine Capital Asset Management
Danville,
California
| – | -$732K | -15,150 | Closed |
|
31
UBS Group
Zurich,
Switzerland
| – | -$285K | -5,209 | -100% |
|
|
WSTAM
32
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
| – | -$251K | -5,186 | Closed |
|
33
Citigroup
New York
| – | -$73K | -1,502 | Closed |
|
|
WAM
34
Wolverine Asset Management
Chicago,
Illinois
| – | -$60.1K | -1,100 | Closed |
|
|
MA
35
MUFG Americas
New York
| – | -$4K | -81 | Closed |
|
|
PFG
36
Piershale Financial Group
Barrington,
Illinois
| – | -$2K | -43 | Closed |
|
EDC Hedge Fund Activity: Q4 2015 in Review
27 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) for Q4 2015, worth a combined $24.5M — down 13% from $28.1M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of EDC and 5 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 9 added.
The largest buyer was Gramercy Funds Management, adding an estimated $4.47M. The largest seller was Nomura Holdings, exiting entirely with an estimated $3.02M sold.
- 27 institutional investors held Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) as of Q4 2015, down from 31 in Q3 2015.
- Funds reported $24.5M of Direxion Daily MSCI Emerging Markets Bull 3X ETF stock for Q4 2015, down 13% quarter-over-quarter.
- 5 funds opened new Direxion Daily MSCI Emerging Markets Bull 3X ETF positions in Q4 2015 and 9 closed out, a net change of -4 holders.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF buyer in Q4 2015 was Gramercy Funds Management, an estimated $4.47M added.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF seller in Q4 2015 was Nomura Holdings, an estimated $3.02M sold.
Based on aggregated 13F filings for Q4 2015.