Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
29 hedge funds and large institutions have $32M invested in Direxion Daily MSCI Emerging Markets Bull 3X ETF in 2016 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 6 increasing their positions, 10 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
32% more capital invested
Capital invested by funds: $24.2M → $32M (+$7.8M)
16% more funds holding
Funds holding: 25 → 29 (+4)
1.89% more ownership
Funds ownership: 12.95% → 14.85% (+1.9%)
10% more call options, than puts
Call options by funds: $34.3M | Put options by funds: $31.2M
40% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$2.23M |
| 2 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$1.23M |
| 3 |
TAM
Tocqueville Asset Management
New York
|
+$705K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$560K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$432K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.69M |
| 2 |
Morgan Stanley
New York
|
-$1.15M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$829K |
| 4 |
KA
Kovack Advisors
Ft. Lauderdale,
Florida
|
-$275K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$258K |
EDC Hedge Fund Activity: Q3 2016 in Review
29 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) for Q3 2016, worth a combined $32M — up 32% from $24.2M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new EDC positions and 6 closed out — a net gain of 4 holders — while 6 added to existing stakes and 10 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $2.23M. The largest seller was Jane Street, cutting an estimated $2.69M.
- 29 institutional investors held Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) as of Q3 2016, up from 25 in Q2 2016.
- Funds reported $32M of Direxion Daily MSCI Emerging Markets Bull 3X ETF stock for Q3 2016, up 32% quarter-over-quarter.
- 10 funds opened new Direxion Daily MSCI Emerging Markets Bull 3X ETF positions in Q3 2016 and 6 closed out, a net change of +4 holders.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF buyer in Q3 2016 was Virtu Financial, an estimated $2.23M added.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF seller in Q3 2016 was Jane Street, an estimated $2.69M sold.
Based on aggregated 13F filings for Q3 2016.