Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
27 hedge funds and large institutions have $30M invested in Direxion Daily MSCI Emerging Markets Bull 3X ETF in 2019 Q2 according to their latest regulatory filings, with 9 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 13 closing their positions.
56% more capital invested
Capital invested by funds: $19.3M → $30M (+$10.7M)
5.08% more ownership
Funds ownership: 8.28% → 13.36% (+5.1%)
5% less call options, than puts
Call options by funds: $17.9M | Put options by funds: $18.8M
13% less funds holding
Funds holding: 31 → 27 (-4)
31% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 13
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$2.2M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.98M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.18M |
| 4 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
+$802K |
| 5 |
Jane Street
New York
|
+$752K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIS
Harvest Investment Services
Oakbrook Terrace,
Illinois
|
-$1.72M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
-$1.6M |
| 3 |
Morgan Stanley
New York
|
-$1.52M |
| 4 |
Victory Capital Management
San Antonio,
Texas
|
-$1.13M |
| 5 |
TFA
Toth Financial Advisory
Leesburg,
Virginia
|
-$783K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
IMC Chicago
Chicago,
Illinois
| – | -$1.6M | -20,079 | Closed |
|
|
27
Victory Capital Management
San Antonio,
Texas
| – | -$1.13M | -14,161 | Closed |
|
|
CS
28
Credit Suisse
Zurich,
Switzerland
| – | -$365K | -4,573 | Closed |
|
|
CLOS
29
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| – | -$319K | -4,000 | Closed |
|
|
SAM
30
SP Asset Management
Cupertino,
California
| – | -$279K | -3,500 | Closed |
|
|
KC
31
Kingfisher Capital
Charlotte,
North Carolina
| – | -$252K | -3,153 | Closed |
|
|
ACP
32
Arcus Capital Partners
Atlanta,
Georgia
| – | -$251K | -3,150 | Closed |
|
33
UBS Group
Zurich,
Switzerland
| – | -$225K | -2,825 | Closed |
|
|
RCAG
34
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | -$12.1K | -151 | Closed |
|
35
Fidelity International
Hamilton,
Bermuda
| – | -$8K | -100 | Closed |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| – | -$8K | -95 | Closed |
|
37
Barclays
London,
United Kingdom
| – | -$1.6K | -21 | Closed |
|
|
SAM
38
Shamrock Asset Management
Dallas,
Texas
| – | +$76 | +1 | New |
|
39
Wells Fargo
San Francisco,
California
| – | +$76 | +1 | New |
|
EDC Hedge Fund Activity: Q2 2019 in Review
27 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) for Q2 2019, worth a combined $30M — up 56% from $19.3M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of EDC and 9 opened new positions — a net loss of 4 holders — while 8 trimmed existing stakes and 5 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $2.2M. The largest seller was Harvest Investment Services, exiting entirely with an estimated $1.72M sold.
- 27 institutional investors held Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) as of Q2 2019, down from 31 in Q1 2019.
- Funds reported $30M of Direxion Daily MSCI Emerging Markets Bull 3X ETF stock for Q2 2019, up 56% quarter-over-quarter.
- 9 funds opened new Direxion Daily MSCI Emerging Markets Bull 3X ETF positions in Q2 2019 and 13 closed out, a net change of -4 holders.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF buyer in Q2 2019 was Virtu Financial, an estimated $2.2M added.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF seller in Q2 2019 was Harvest Investment Services, an estimated $1.72M sold.
Based on aggregated 13F filings for Q2 2019.