Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
27 hedge funds and large institutions have $21.6M invested in Direxion Daily MSCI Emerging Markets Bull 3X ETF in 2017 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
24% more call options, than puts
Call options by funds: $24.1M | Put options by funds: $19.4M
17% more funds holding
Funds holding: 23 → 27 (+4)
6% more capital invested
Capital invested by funds: $20.4M → $21.6M (+$1.23M)
1.53% less ownership
Funds ownership: 8.46% → 6.93% (-1.5%)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.97M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.57M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.04M |
| 4 |
SG Americas Securities
New York
|
+$476K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$227K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$3M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.94M |
| 3 |
Barclays
London,
United Kingdom
|
-$1.13M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$834K |
| 5 |
Morgan Stanley
New York
|
-$667K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
US Bancorp
Minneapolis,
Minnesota
| $4K | +$3.48K | +30 | New |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $4K | +$3.71K | +32 | New |
|
|
28
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$3M | -28,369 | Closed |
|
|
29
Simplex Trading
Chicago,
Illinois
| – | -$834K | -7,895 | Closed |
|
|
GFM
30
Gramercy Funds Management
Greenwich,
Connecticut
| – | -$529K | -5,000 | Closed |
|
|
WSTAM
31
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
| – | -$218K | -2,065 | Closed |
|
EDC Hedge Fund Activity: Q4 2017 in Review
27 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) for Q4 2017, worth a combined $21.6M — up 6% from $20.4M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new EDC positions and 4 closed out — a net gain of 4 holders — while 6 added to existing stakes and 9 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $2.97M. The largest seller was Bank of Montreal, exiting entirely with an estimated $3M sold.
- 27 institutional investors held Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) as of Q4 2017, up from 23 in Q3 2017.
- Funds reported $21.6M of Direxion Daily MSCI Emerging Markets Bull 3X ETF stock for Q4 2017, up 6% quarter-over-quarter.
- 8 funds opened new Direxion Daily MSCI Emerging Markets Bull 3X ETF positions in Q4 2017 and 4 closed out, a net change of +4 holders.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF buyer in Q4 2017 was Jane Street, an estimated $2.97M added.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF seller in Q4 2017 was Bank of Montreal, an estimated $3M sold.
Based on aggregated 13F filings for Q4 2017.