Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
26 hedge funds and large institutions have $20.5M invested in Direxion Daily MSCI Emerging Markets Bull 3X ETF in 2016 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 6 increasing their positions, 11 reducing their positions, and 9 closing their positions.
9% more capital invested
Capital invested by funds: $18.8M → $20.5M (+$1.71M)
7.86% more ownership
Funds ownership: 2.93% → 10.79% (+7.9%)
0% more funds holding
Funds holding: 26 → 26 (0)
0% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 9
12% less call options, than puts
Call options by funds: $13.2M | Put options by funds: $15M
45% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 11
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$6.92M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$584K |
| 3 |
TFA
Toth Financial Advisory
Leesburg,
Virginia
|
+$532K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$522K |
| 5 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$360K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
-$5.43M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.21M |
| 3 |
Morgan Stanley
New York
|
-$526K |
| 4 |
VF
Virtu Financial
New York
|
-$493K |
| 5 |
EWA
Exencial Wealth Advisors
Oklahoma City,
Oklahoma
|
-$416K |
EDC Hedge Fund Activity: Q1 2016 in Review
26 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) for Q1 2016, worth a combined $20.5M — up 9.1% from $18.8M a quarter earlier.
Fund positioning in EDC was balanced in Q1 2016: 9 funds opened new positions, 9 closed out, 6 added to existing stakes and 11 trimmed.
The largest buyer was BNP Paribas Financial Markets, opening a new position worth an estimated $6.92M. The largest seller was Gramercy Funds Management, cutting an estimated $5.43M.
- 26 institutional investors held Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) as of Q1 2016, unchanged from Q4 2015.
- Funds reported $20.5M of Direxion Daily MSCI Emerging Markets Bull 3X ETF stock for Q1 2016, up 9.1% quarter-over-quarter.
- 9 funds opened new Direxion Daily MSCI Emerging Markets Bull 3X ETF positions in Q1 2016 and 9 closed out, a net change of 0 holders.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF buyer in Q1 2016 was BNP Paribas Financial Markets, an estimated $6.92M added.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF seller in Q1 2016 was Gramercy Funds Management, an estimated $5.43M sold.
Based on aggregated 13F filings for Q1 2016.