Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
31 hedge funds and large institutions have $26.7M invested in Direxion Daily MSCI Emerging Markets Bull 3X ETF in 2018 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
23% more capital invested
Capital invested by funds: $21.6M → $26.7M (+$5.08M)
15% more funds holding
Funds holding: 27 → 31 (+4)
0.48% more ownership
Funds ownership: 6.93% → 7.41% (+0.48%)
60% less call options, than puts
Call options by funds: $10.8M | Put options by funds: $26.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
+$2.51M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$2.27M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.48M |
| 4 |
Morgan Stanley
New York
|
+$1.22M |
| 5 |
DS
DRW Securities
Chicago,
Illinois
|
+$1.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.1M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$768K |
| 3 |
SG Americas Securities
New York
|
-$516K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$223K |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$199K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AC
26
Avestar Capital
New York
| $11K | – | – | – |
|
27
CIBC Private Wealth Group
Atlanta,
Georgia
| $8K | – | – | – |
|
28
US Bancorp
Minneapolis,
Minnesota
| $6K | +$2.63K | +19 | +63% |
|
|
SWM
29
SeaCrest Wealth Management
Purchase,
New York
| $4K | +$4.57K | +33 | New |
|
30
Bank of America
Charlotte,
North Carolina
| $3K | +$3.6K | +26 | New |
|
|
HR
31
Howe & Rusling
Rochester,
New York
| $1K | +$1.39K | +10 | New |
|
|
FTUS
32
Flow Traders U.S.
New York
| – | -$768K | -6,106 | Closed |
|
|
33
SG Americas Securities
New York
| – | -$516K | -4,102 | Closed |
|
|
34
UBS Group
Zurich,
Switzerland
| – | -$223K | -1,774 | Closed |
|
35
Barclays
London,
United Kingdom
| – | -$89.5K | -646 | Closed |
|
|
STA
36
Summit Trail Advisors
New York
| – | -$102K | -630 | Closed |
|
|
ASN
37
Advisory Services Network
Atlanta,
Georgia
| – | -$15K | -121 | Closed |
|
EDC Hedge Fund Activity: Q1 2018 in Review
31 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) for Q1 2018, worth a combined $26.7M — up 23% from $21.6M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new EDC positions and 6 closed out — a net gain of 4 holders — while 10 added to existing stakes and 7 trimmed.
The largest buyer was Mainstay Capital Management, opening a new position worth an estimated $2.51M. The largest seller was Jane Street, cutting an estimated $3.1M.
- 31 institutional investors held Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) as of Q1 2018, up from 27 in Q4 2017.
- Funds reported $26.7M of Direxion Daily MSCI Emerging Markets Bull 3X ETF stock for Q1 2018, up 23% quarter-over-quarter.
- 10 funds opened new Direxion Daily MSCI Emerging Markets Bull 3X ETF positions in Q1 2018 and 6 closed out, a net change of +4 holders.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF buyer in Q1 2018 was Mainstay Capital Management, an estimated $2.51M added.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF seller in Q1 2018 was Jane Street, an estimated $3.1M sold.
Based on aggregated 13F filings for Q1 2018.