Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
28 hedge funds and large institutions have $23.5M invested in Direxion Daily MSCI Emerging Markets Bull 3X ETF in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 5 reducing their positions, and 9 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 5
2.2% more ownership
Funds ownership: 7.41% → 9.6% (+2.2%)
10% less funds holding
Funds holding: 31 → 28 (-3)
12% less capital invested
Capital invested by funds: $26.7M → $23.5M (-$3.2M)
22% less call options, than puts
Call options by funds: $17.3M | Put options by funds: $22.2M
33% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.07M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.95M |
| 3 |
Jane Street
New York
|
+$977K |
| 4 |
Morgan Stanley
New York
|
+$677K |
| 5 |
SG Americas Securities
New York
|
+$666K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
-$1.99M |
| 2 |
DS
DRW Securities
Chicago,
Illinois
|
-$1.01M |
| 3 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
-$883K |
| 4 |
BFM
Boothbay Fund Management
New York
|
-$478K |
| 5 |
AC
AFAM Capital
Austin,
Texas
|
-$311K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
CIBC Private Wealth Group
Atlanta,
Georgia
| $5K | – | – | – |
|
|
HR
27
Howe & Rusling
Rochester,
New York
| $1K | – | – | – |
|
|
DS
28
DRW Securities
Chicago,
Illinois
| – | -$1.01M | -7,948 | Closed |
|
|
AFP
29
Ausdal Financial Partners
Davenport,
Iowa
| – | -$883K | -6,931 | Closed |
|
|
BFM
30
Boothbay Fund Management
New York
| – | -$478K | -3,750 | Closed |
|
|
AC
31
AFAM Capital
Austin,
Texas
| – | -$311K | -2,438 | Closed |
|
32
Bank of New York Mellon
New York
| – | -$201K | -1,578 | Closed |
|
|
CG
33
Cutler Group
San Francisco,
California
| – | -$22.2K | -200 | Closed |
|
|
TDC
34
Thompson Davis & Co
Richmond,
Virginia
| – | -$13K | -100 | Closed |
|
|
SWM
35
SeaCrest Wealth Management
Purchase,
New York
| – | -$4K | -33 | Closed |
|
36
Bank of America
Charlotte,
North Carolina
| – | -$3K | -26 | Closed |
|
37
Wells Fargo
San Francisco,
California
| – | +$111 | +1 | New |
|
EDC Hedge Fund Activity: Q2 2018 in Review
28 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) for Q2 2018, worth a combined $23.5M — down 12% from $26.7M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of EDC and 6 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 10 added.
The largest buyer was Susquehanna International Group, adding an estimated $3.07M. The largest seller was Mainstay Capital Management, cutting an estimated $1.99M.
- 28 institutional investors held Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) as of Q2 2018, down from 31 in Q1 2018.
- Funds reported $23.5M of Direxion Daily MSCI Emerging Markets Bull 3X ETF stock for Q2 2018, down 12% quarter-over-quarter.
- 6 funds opened new Direxion Daily MSCI Emerging Markets Bull 3X ETF positions in Q2 2018 and 9 closed out, a net change of -3 holders.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF buyer in Q2 2018 was Susquehanna International Group, an estimated $3.07M added.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF seller in Q2 2018 was Mainstay Capital Management, an estimated $1.99M sold.
Based on aggregated 13F filings for Q2 2018.