Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
19 hedge funds and large institutions have $4.69M invested in Direxion Daily MSCI Emerging Markets Bull 3X ETF in 2023 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 7 closing their positions.
93% more call options, than puts
Call options by funds: $2.85M | Put options by funds: $1.48M
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
5.25% less ownership
Funds ownership: 10.24% → 4.99% (-5.3%)
14% less funds holding
Funds holding: 22 → 19 (-3)
40% less capital invested
Capital invested by funds: $7.76M → $4.69M (-$3.07M)
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$710K |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$173K |
| 3 |
TFA
Toth Financial Advisory
Leesburg,
Virginia
|
+$94.2K |
| 4 |
Group One Trading
Chicago,
Illinois
|
+$15.4K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
+$13.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.92M |
| 2 |
Jane Street
New York
|
-$1.84M |
| 3 |
VF
Virtu Financial
New York
|
-$701K |
| 4 |
Morgan Stanley
New York
|
-$125K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$80.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | -$882 | -30 | Closed |
|
EDC Hedge Fund Activity: Q1 2023 in Review
19 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) for Q1 2023, worth a combined $4.69M — down 40% from $7.76M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of EDC and 4 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 7 added.
The largest buyer was Citadel Advisors, adding an estimated $710K. The largest seller was Susquehanna International Group, cutting an estimated $1.92M.
- 19 institutional investors held Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) as of Q1 2023, down from 22 in Q4 2022.
- Funds reported $4.69M of Direxion Daily MSCI Emerging Markets Bull 3X ETF stock for Q1 2023, down 40% quarter-over-quarter.
- 4 funds opened new Direxion Daily MSCI Emerging Markets Bull 3X ETF positions in Q1 2023 and 7 closed out, a net change of -3 holders.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF buyer in Q1 2023 was Citadel Advisors, an estimated $710K added.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF seller in Q1 2023 was Susquehanna International Group, an estimated $1.92M sold.
Based on aggregated 13F filings for Q1 2023.