Direxion Daily MSCI Emerging Markets Bull 3X ETF
EDC
24 hedge funds and large institutions have $43.9M invested in Direxion Daily MSCI Emerging Markets Bull 3X ETF in 2020 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 4 closing their positions.
311% more capital invested
Capital invested by funds: $10.7M → $43.9M (+$33.2M)
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
16.37% more ownership
Funds ownership: 12.41% → 28.78% (+16%)
4% more funds holding
Funds holding: 23 → 24 (+1)
21% less call options, than puts
Call options by funds: $10.5M | Put options by funds: $13.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$22.3M |
| 2 |
Jane Street
New York
|
+$1.53M |
| 3 |
XS
XR Securities
Chicago,
Illinois
|
+$752K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$738K |
| 5 |
JP Morgan Chase
New York
|
+$593K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$4.31M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
-$350K |
| 3 |
Simplex Trading
Chicago,
Illinois
|
-$204K |
| 4 |
PCIA
Prime Capital Investment Advisors
Overland Park,
Kansas
|
-$10K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$5.55K |
EDC Hedge Fund Activity: Q2 2020 in Review
24 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) for Q2 2020, worth a combined $43.9M — up 311% from $10.7M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new EDC positions and 4 closed out — a net gain of 2 holders — while 8 added to existing stakes and 4 trimmed.
The largest buyer was Tidal Investments, opening a new position worth an estimated $22.3M. The largest seller was Credit Suisse, cutting an estimated $4.31M.
- 24 institutional investors held Direxion Daily MSCI Emerging Markets Bull 3X ETF (EDC) as of Q2 2020, up from 23 in Q1 2020.
- Funds reported $43.9M of Direxion Daily MSCI Emerging Markets Bull 3X ETF stock for Q2 2020, up 311% quarter-over-quarter.
- 6 funds opened new Direxion Daily MSCI Emerging Markets Bull 3X ETF positions in Q2 2020 and 4 closed out, a net change of +2 holders.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF buyer in Q2 2020 was Tidal Investments, an estimated $22.3M added.
- The largest Direxion Daily MSCI Emerging Markets Bull 3X ETF seller in Q2 2020 was Credit Suisse, an estimated $4.31M sold.
Based on aggregated 13F filings for Q2 2020.