Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
30 hedge funds and large institutions have $32.3M invested in Direxion Daily MSCI Emerging Markets Bull 3X ETF in 2016 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
35% more capital invested
Capital invested by funds: $23.9M → $32.3M (+$8.41M)
20% more funds holding
Funds holding: 25 → 30 (+5)
2.25% more ownership
Funds ownership: 12.95% → 15.2% (+2.2%)
10% more call options, than puts
Call options by funds: $34.3M | Put options by funds: $31.2M
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$2.23M |
| 2 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$1.23M |
| 3 |
CPSAC
Chas P. Smith & Associates (CPS)
Lakeland,
Florida
|
+$733K |
| 4 |
TAM
Tocqueville Asset Management
New York
|
+$705K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$560K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.69M |
| 2 |
Morgan Stanley
New York
|
-$1.15M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$829K |
| 4 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$275K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$258K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| $45K | +$42.3K | +690 | New |
|
27
Bank of America
Charlotte,
North Carolina
| $39K | – | – | – |
|
|
FANJ
28
Financial Architects (New Jersey)
Marlton,
New Jersey
| $29K | +$12.3K | +200 | +80% |
|
|
IA
29
IFP Advisors
Tampa,
Florida
| $25K | +$23.7K | +386 | New |
|
30
Walleye Trading
New York
| $4K | -$135K | -2,200 | -97% |
|
|
KA
31
Kovack Advisors
Ft. Lauderdale,
Florida
| – | -$275K | -5,330 | Closed |
|
|
VKH
32
Virtu KCG Holdings
New York
| – | -$220K | -4,272 | Closed |
|
|
33
Citadel Advisors
Miami,
Florida
| – | -$258K | -4,214 | Closed |
|
|
GT
34
Glenmede Trust
Philadelphia,
Pennsylvania
| – | -$25K | -500 | Closed |
|
35
US Bancorp
Minneapolis,
Minnesota
| – | -$3K | -64 | Closed |
|
36
Wells Fargo
San Francisco,
California
| – | -$61 | -1 | Closed |
|
EDC Hedge Fund Activity: Q3 2016 in Review
30 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) for Q3 2016, worth a combined $32.3M — up 35% from $23.9M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new EDC positions and 6 closed out — a net gain of 5 holders — while 6 added to existing stakes and 10 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $2.23M. The largest seller was Jane Street, cutting an estimated $2.69M.
- 30 institutional investors held Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) as of Q3 2016, up from 25 in Q2 2016.
- Funds reported $32.3M of Direxion Daily MSCI Emerging Markets Bull 3X ETF stock for Q3 2016, up 35% quarter-over-quarter.
- 11 funds opened new Direxion Daily MSCI Emerging Markets Bull 3X ETF positions in Q3 2016 and 6 closed out, a net change of +5 holders.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF buyer in Q3 2016 was Virtu Financial, an estimated $2.23M added.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF seller in Q3 2016 was Jane Street, an estimated $2.69M sold.
Based on aggregated 13F filings for Q3 2016.