Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
20 hedge funds and large institutions have $6.04M invested in Direxion Daily MSCI Emerging Markets Bull 3X ETF in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 6 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
29% more capital invested
Capital invested by funds: $4.69M → $6.04M (+$1.35M)
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
5% more funds holding
Funds holding: 19 → 20 (+1)
2.12% more ownership
Funds ownership: 4.99% → 7.11% (+2.1%)
4% less call options, than puts
Call options by funds: $1.29M | Put options by funds: $1.34M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$966K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$413K |
| 3 |
TFA
Toth Financial Advisory
Leesburg,
Virginia
|
+$137K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$131K |
| 5 |
JP Morgan Chase
New York
|
+$24.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$663K |
| 2 |
Jane Street
New York
|
-$210K |
| 3 |
Goldman Sachs
New York
|
-$181K |
| 4 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$144K |
| 5 |
Morgan Stanley
New York
|
-$61.8K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$3K | -103 | Closed |
|
27
Fidelity Investments
Boston,
Massachusetts
| – | -$31 | -1 | Closed |
|
EDC Hedge Fund Activity: Q2 2023 in Review
20 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) for Q2 2023, worth a combined $6.04M — up 29% from $4.69M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new EDC positions and 6 closed out — a net gain of 1 holder — while 8 added to existing stakes and 4 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $966K. The largest seller was Citadel Advisors, exiting entirely with an estimated $663K sold.
- 20 institutional investors held Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) as of Q2 2023, up from 19 in Q1 2023.
- Funds reported $6.04M of Direxion Daily MSCI Emerging Markets Bull 3X ETF stock for Q2 2023, up 29% quarter-over-quarter.
- 7 funds opened new Direxion Daily MSCI Emerging Markets Bull 3X ETF positions in Q2 2023 and 6 closed out, a net change of +1 holder.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF buyer in Q2 2023 was Virtu Financial, an estimated $966K added.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF seller in Q2 2023 was Citadel Advisors, an estimated $663K sold.
Based on aggregated 13F filings for Q2 2023.