Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
23 hedge funds and large institutions have $19.7M invested in Direxion Daily MSCI Emerging Markets Bull 3X ETF in 2017 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 5 closing their positions.
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
15% more funds holding
Funds holding: 20 → 23 (+3)
1% less call options, than puts
Call options by funds: $20.7M | Put options by funds: $20.9M
5.41% less ownership
Funds ownership: 15.99% → 10.58% (-5.4%)
21% less capital invested
Capital invested by funds: $25.1M → $19.7M (-$5.38M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.13M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$655K |
| 3 |
Jane Street
New York
|
+$389K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$328K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$314K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$5.53M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$4.13M |
| 3 |
Morgan Stanley
New York
|
-$1.98M |
| 4 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$355K |
| 5 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$343K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TH
26
Timber Hill
Greenwich,
Connecticut
| – | -$343K | -4,653 | Closed |
|
27
Bank of America
Charlotte,
North Carolina
| – | -$48.6K | -600 | Closed |
|
|
PA
28
Parallel Advisors
San Francisco,
California
| – | -$2K | -27 | Closed |
|
EDC Hedge Fund Activity: Q2 2017 in Review
23 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) for Q2 2017, worth a combined $19.7M — down 21% from $25.1M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new EDC positions and 5 closed out — a net gain of 3 holders — while 7 added to existing stakes and 5 trimmed.
The largest buyer was Wolverine Asset Management, opening a new position worth an estimated $2.13M. The largest seller was BNP Paribas Financial Markets, exiting entirely with an estimated $5.53M sold.
- 23 institutional investors held Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) as of Q2 2017, up from 20 in Q1 2017.
- Funds reported $19.7M of Direxion Daily MSCI Emerging Markets Bull 3X ETF stock for Q2 2017, down 21% quarter-over-quarter.
- 8 funds opened new Direxion Daily MSCI Emerging Markets Bull 3X ETF positions in Q2 2017 and 5 closed out, a net change of +3 holders.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF buyer in Q2 2017 was Wolverine Asset Management, an estimated $2.13M added.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF seller in Q2 2017 was BNP Paribas Financial Markets, an estimated $5.53M sold.
Based on aggregated 13F filings for Q2 2017.