Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
26 hedge funds and large institutions have $18.8M invested in Direxion Daily MSCI Emerging Markets Bull 3X ETF in 2015 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 10 closing their positions.
1.46% less ownership
Funds ownership: 4.39% → 2.93% (-1.5%)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
16% less funds holding
Funds holding: 31 → 26 (-5)
33% less capital invested
Capital invested by funds: $28.1M → $18.8M (-$9.3M)
40% less call options, than puts
Call options by funds: $4.47M | Put options by funds: $7.45M
50% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$4.47M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.86M |
| 3 |
KC
Kingfisher Capital
Charlotte,
North Carolina
|
+$1.24M |
| 4 |
Morgan Stanley
New York
|
+$695K |
| 5 |
Jane Street
New York
|
+$689K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$7.18M |
| 2 |
Nomura Holdings
Tokyo,
Japan
|
-$3.02M |
| 3 |
M&T Bank
Buffalo,
New York
|
-$3M |
| 4 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$1.26M |
| 5 |
VCAM
Valentine Capital Asset Management
Danville,
California
|
-$732K |
EDC Hedge Fund Activity: Q4 2015 in Review
26 of the 3,824 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) for Q4 2015, worth a combined $18.8M — down 33% from $28.1M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of EDC and 5 opened new positions — a net loss of 5 holders — while 10 trimmed existing stakes and 9 added.
The largest buyer was Gramercy Funds Management, adding an estimated $4.47M. The largest seller was BNP Paribas Financial Markets, exiting entirely with an estimated $7.18M sold.
- 26 institutional investors held Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) as of Q4 2015, down from 31 in Q3 2015.
- Funds reported $18.8M of Direxion Daily MSCI Emerging Markets Bull 3X ETF stock for Q4 2015, down 33% quarter-over-quarter.
- 5 funds opened new Direxion Daily MSCI Emerging Markets Bull 3X ETF positions in Q4 2015 and 10 closed out, a net change of -5 holders.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF buyer in Q4 2015 was Gramercy Funds Management, an estimated $4.47M added.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF seller in Q4 2015 was BNP Paribas Financial Markets, an estimated $7.18M sold.
Based on aggregated 13F filings for Q4 2015.