Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
28 hedge funds and large institutions have $27.7M invested in Direxion Daily MSCI Emerging Markets Bull 3X ETF in 2018 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 5 increasing their positions, 9 reducing their positions, and 6 closing their positions.
58% more call options, than puts
Call options by funds: $19.3M | Put options by funds: $12.2M
50% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 6
40% more capital invested
Capital invested by funds: $19.8M → $27.7M (+$7.93M)
12% more funds holding
Funds holding: 25 → 28 (+3)
4.95% more ownership
Funds ownership: 8.11% → 13.06% (+5%)
44% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PP
Pension Partners
New York
|
+$12.8M |
| 2 |
SG Americas Securities
New York
|
+$1.88M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$900K |
| 4 |
G
Gainplan
Bloomfield Hills,
Michigan
|
+$672K |
| 5 |
ACP
Arcus Capital Partners
Atlanta,
Georgia
|
+$376K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SGM
Skye Global Management
West Palm Beach,
Florida
|
-$2.29M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
-$1.33M |
| 3 |
TFA
Toth Financial Advisory
Leesburg,
Virginia
|
-$1.18M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$679K |
| 5 |
Jane Street
New York
|
-$325K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AC
26
Avestar Capital
New York
| $5K | – | – | – |
|
|
VNA
27
Valley National Advisers
Bethlehem,
Pennsylvania
| $1K | +$1.28K | +19 | New |
|
|
SGM
28
Skye Global Management
West Palm Beach,
Florida
| – | -$2.29M | -27,000 | Closed |
|
|
29
Wolverine Trading
Chicago,
Illinois
| – | -$1.33M | -15,752 | Closed |
|
|
MCM
30
Mainstay Capital Management
Grand Blanc,
Michigan
| – | -$147K | -1,726 | Closed |
|
31
JP Morgan Chase
New York
| – | -$44K | -517 | Closed |
|
32
US Bancorp
Minneapolis,
Minnesota
| – | -$10K | -123 | Closed |
|
|
BWM
33
Baystate Wealth Management
Boston,
Massachusetts
| – | -$4K | -60 | Closed |
|
|
TRCT
34
Tower Research Capital (TRC)
New York
| – | +$336 | +5 | New |
|
EDC Hedge Fund Activity: Q4 2018 in Review
28 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) for Q4 2018, worth a combined $27.7M — up 40% from $19.8M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new EDC positions and 6 closed out — a net gain of 3 holders — while 5 added to existing stakes and 9 trimmed.
The largest buyer was Pension Partners, opening a new position worth an estimated $12.8M. The largest seller was Skye Global Management, exiting entirely with an estimated $2.29M sold.
- 28 institutional investors held Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) as of Q4 2018, up from 25 in Q3 2018.
- Funds reported $27.7M of Direxion Daily MSCI Emerging Markets Bull 3X ETF stock for Q4 2018, up 40% quarter-over-quarter.
- 9 funds opened new Direxion Daily MSCI Emerging Markets Bull 3X ETF positions in Q4 2018 and 6 closed out, a net change of +3 holders.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF buyer in Q4 2018 was Pension Partners, an estimated $12.8M added.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF seller in Q4 2018 was Skye Global Management, an estimated $2.29M sold.
Based on aggregated 13F filings for Q4 2018.