Direxion Daily MSCI Emerging Markets Bear 3X ETF
22 hedge funds and large institutions have $51.4M invested in Direxion Daily MSCI Emerging Markets Bear 3X ETF in 2013 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 6 increasing their positions, 6 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
161% more call options, than puts
Call options by funds: $145M | Put options by funds: $55.7M
38% more funds holding
Funds holding: 16 → 22 (+6)
0% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 6
33% less capital invested
Capital invested by funds: $76.2M → $51.4M (-$24.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCAM
Valentine Capital Asset Management
Danville,
California
|
+$7.96M |
| 2 |
VF
Virtu Financial
New York
|
+$3.09M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$1.61M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.33M |
| 5 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$1.32M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$9.11M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$8.01M |
| 3 |
Jane Street
New York
|
-$6.06M |
| 4 |
TCM
Talara Capital Management
Montclair,
New Jersey
|
-$2.34M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$876K |
EDZ Hedge Fund Activity: Q3 2013 in Review
22 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ) for Q3 2013, worth a combined $51.4M — down 33% from $76.2M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new EDZ positions and 2 closed out — a net gain of 6 holders — while 6 added to existing stakes and 6 trimmed.
The largest buyer was Valentine Capital Asset Management, adding an estimated $7.96M. The largest seller was Susquehanna International Group, cutting an estimated $9.11M.
- 22 institutional investors held Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ) as of Q3 2013, up from 16 in Q2 2013.
- Funds reported $51.4M of Direxion Daily MSCI Emerging Markets Bear 3X ETF stock for Q3 2013, down 33% quarter-over-quarter.
- 8 funds opened new Direxion Daily MSCI Emerging Markets Bear 3X ETF positions in Q3 2013 and 2 closed out, a net change of +6 holders.
- The largest Direxion Daily MSCI Emerging Markets Bear 3X ETF buyer in Q3 2013 was Valentine Capital Asset Management, an estimated $7.96M added.
- The largest Direxion Daily MSCI Emerging Markets Bear 3X ETF seller in Q3 2013 was Susquehanna International Group, an estimated $9.11M sold.
Based on aggregated 13F filings for Q3 2013.