Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
23 hedge funds and large institutions have $10.7M invested in Direxion Daily MSCI Emerging Markets Bull 3X ETF in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 9 closing their positions.
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
0.93% less ownership
Funds ownership: 13.34% → 12.41% (-0.93%)
18% less funds holding
Funds holding: 28 → 23 (-5)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
36% less call options, than puts
Call options by funds: $7.14M | Put options by funds: $11.2M
64% less capital invested
Capital invested by funds: $29.6M → $10.7M (-$18.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$6.93M |
| 2 |
Jane Street
New York
|
+$2.08M |
| 3 |
HF
HRT Financial
New York
|
+$659K |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
+$637K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$196K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$2.58M |
| 2 |
ACA
Ackerman Capital Advisors
Dallas,
Texas
|
-$1.82M |
| 3 |
TFA
Toth Financial Advisory
Leesburg,
Virginia
|
-$510K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$421K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
-$379K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
OIA
26
OneDigital Investment Advisors
Overland Park,
Kansas
| – | -$234K | -2,620 | Closed |
|
|
BF
27
BOK Financial
Tulsa,
Oklahoma
| – | -$213K | -2,379 | Closed |
|
28
Barclays
London,
United Kingdom
| – | -$7.72K | -113 | Closed |
|
|
SHWM
29
Silicon Hills Wealth Management
Austin,
Texas
| – | -$1 | -1 | Closed |
|
30
Bank of America
Charlotte,
North Carolina
| – | +$478 | +7 | New |
|
EDC Hedge Fund Activity: Q1 2020 in Review
23 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) for Q1 2020, worth a combined $10.7M — down 64% from $29.6M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of EDC and 7 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 7 added.
The largest buyer was Credit Suisse, adding an estimated $6.93M. The largest seller was Citadel Advisors, exiting entirely with an estimated $2.58M sold.
- 23 institutional investors held Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) as of Q1 2020, down from 28 in Q4 2019.
- Funds reported $10.7M of Direxion Daily MSCI Emerging Markets Bull 3X ETF stock for Q1 2020, down 64% quarter-over-quarter.
- 7 funds opened new Direxion Daily MSCI Emerging Markets Bull 3X ETF positions in Q1 2020 and 9 closed out, a net change of -2 holders.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF buyer in Q1 2020 was Credit Suisse, an estimated $6.93M added.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF seller in Q1 2020 was Citadel Advisors, an estimated $2.58M sold.
Based on aggregated 13F filings for Q1 2020.