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Direxion Daily MSCI Emerging Markets Bull 3X ETF

24 hedge funds and large institutions have $37.5M invested in Direxion Daily MSCI Emerging Markets Bull 3X ETF in 2014 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 11 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

2.05% less ownership

Funds ownership: 5.56%3.5% (-2.1%)

8% less funds holding

Funds holding: 2624 (-2)

22% less call options, than puts

Call options by funds: $30.1M | Put options by funds: $38.6M

22% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 9

43% less capital invested

Capital invested by funds: $66.1M → $37.5M (-$28.6M)

55% less repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 11

Holders
24
Holders Change
-2
Holders Change %
-7.69%
% of All Funds
0.7%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
7
Increased
5
Reduced
11
Closed
9
Calls
$30.1M
Puts
$38.6M
Net Calls
-$8.48M
Net Calls Change
+$3.04M
Name Holding Trade Value Shares
Change
Change in
Stake
BNP Paribas Financial Markets
1
BNP Paribas Financial Markets
France
$9.05M +$426K +3,250 +4%
AP
2
Advisors Preferred
Maryland
$7.83M +$9.55M +72,881 New
CS
3
Credit Suisse
Switzerland
$5.02M -$17.3M -132,322 -74%
Envestnet Asset Management
4
Envestnet Asset Management
Illinois
$3.44M -$3.6M -27,444 -46%
Goldman Sachs
5
Goldman Sachs
New York
$3.33M -$510K -3,888 -11%
KC
6
Kingfisher Capital
North Carolina
$1.45M -$118K -903 -6%
Barclays
7
Barclays
United Kingdom
$1.36M +$682K +5,203 +66%
CA
8
Commerzbank Aktiengesellschaft
Germany
$1.31M +$590K +4,503 +59%
LTFS
9
Ladenburg Thalmann Financial Services
Florida
$954K -$770K -5,877 -40%
AC
10
AFAM Capital
Texas
$758K -$453K -3,454 -33%
PNC Financial Services Group
11
PNC Financial Services Group
Pennsylvania
$664K +$808K +6,168 New
EWA
12
Exencial Wealth Advisors
Oklahoma
$573K +$194K +1,483 +39%
Susquehanna International Group
13
Susquehanna International Group
Pennsylvania
$498K -$2.89M -22,087 -83%
Morgan Stanley
14
Morgan Stanley
New York
$330K -$2.47M -18,884 -86%
QC
15
QCM Cayman
Texas
$233K -$19K -145 -6%
PSW
16
Portfolio Strategies (Washington)
Washington
$182K +$222K +1,692 New
Bank of America
17
Bank of America
North Carolina
$169K -$85.2K -650 -29%
Citadel Advisors
18
Citadel Advisors
Florida
$99K -$323K -2,464 -73%
U
19
UBS
Switzerland
$89K +$53.2K +406 +95%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$88K
Walleye Trading
21
Walleye Trading
New York
$79K +$96.8K +739 New
OCM
22
One Capital Management
California
$8K +$9.83K +75 New
Wells Fargo
23
Wells Fargo
California
$2K +$1.97K +15 New
Deutsche Bank
24
Deutsche Bank
Germany
-$2.66M -21,510 Closed
Citigroup
25
Citigroup
New York
-$1.55M -12,500 Closed

EDC Hedge Fund Activity: Q3 2014 in Review

24 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) for Q3 2014, worth a combined $37.5M — down 43% from $66.1M a quarter earlier.

Sellers outnumbered buyers: 9 funds closed out of EDC and 7 opened new positions — a net loss of 2 holders — while 11 trimmed existing stakes and 5 added.

The largest buyer was Advisors Preferred, opening a new position worth an estimated $9.55M. The largest seller was Credit Suisse, cutting an estimated $17.3M.

  • 24 institutional investors held Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) as of Q3 2014, down from 26 in Q2 2014.
  • Funds reported $37.5M of Direxion Daily MSCI Emerging Markets Bull 3X ETF stock for Q3 2014, down 43% quarter-over-quarter.
  • 7 funds opened new Direxion Daily MSCI Emerging Markets Bull 3X ETF positions in Q3 2014 and 9 closed out, a net change of -2 holders.
  • The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF buyer in Q3 2014 was Advisors Preferred, an estimated $9.55M added.
  • The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF seller in Q3 2014 was Credit Suisse, an estimated $17.3M sold.

Based on aggregated 13F filings for Q3 2014.