Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
22 hedge funds and large institutions have $11.5M invested in Direxion Daily MSCI Emerging Markets Bull 3X ETF in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 8 closing their positions.
44% more call options, than puts
Call options by funds: $12M | Put options by funds: $8.37M
8% less funds holding
Funds holding: 24 → 22 (-2)
20.38% less ownership
Funds ownership: 28.78% → 8.4% (-20%)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
74% less capital invested
Capital invested by funds: $43.9M → $11.5M (-$32.4M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$520K |
| 2 |
TFA
Toth Financial Advisory
Leesburg,
Virginia
|
+$415K |
| 3 |
Morgan Stanley
New York
|
+$285K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
+$264K |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
+$251K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
-$26.5M |
| 2 |
Jane Street
New York
|
-$2.62M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.52M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.22M |
| 5 |
VF
Virtu Financial
New York
|
-$1.21M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
JP Morgan Chase
New York
| – | -$704K | -15,817 | Closed |
|
|
CYG
27
Clean Yield Group
Norwich,
Vermont
| – | -$18K | -415 | Closed |
|
|
TRCT
28
Tower Research Capital (TRC)
New York
| – | -$13K | -283 | Closed |
|
EDC Hedge Fund Activity: Q3 2020 in Review
22 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) for Q3 2020, worth a combined $11.5M — down 74% from $43.9M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of EDC and 6 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 3 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $520K. The largest seller was Tidal Investments, exiting entirely with an estimated $26.5M sold.
- 22 institutional investors held Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) as of Q3 2020, down from 24 in Q2 2020.
- Funds reported $11.5M of Direxion Daily MSCI Emerging Markets Bull 3X ETF stock for Q3 2020, down 74% quarter-over-quarter.
- 6 funds opened new Direxion Daily MSCI Emerging Markets Bull 3X ETF positions in Q3 2020 and 8 closed out, a net change of -2 holders.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF buyer in Q3 2020 was Citadel Advisors, an estimated $520K added.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF seller in Q3 2020 was Tidal Investments, an estimated $26.5M sold.
Based on aggregated 13F filings for Q3 2020.