Direxion Daily MSCI Emerging Markets Bear 3X ETF
17 hedge funds and large institutions have $44.6M invested in Direxion Daily MSCI Emerging Markets Bear 3X ETF in 2013 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 6 closing their positions.
111% more call options, than puts
Call options by funds: $107M | Put options by funds: $50.8M
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
13% less capital invested
Capital invested by funds: $51.4M → $44.6M (-$6.8M)
23% less funds holding
Funds holding: 22 → 17 (-5)
83% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
+$6.71M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$959K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$715K |
| 4 |
AC
Altus Capital
Mayfield Heights,
Ohio
|
+$604K |
| 5 |
Jane Street
New York
|
+$500K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$2.69M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.32M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.08M |
| 4 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.64M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.03M |
EDZ Hedge Fund Activity: Q4 2013 in Review
17 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ) for Q4 2013, worth a combined $44.6M — down 13% from $51.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of EDZ and 1 opened new positions — a net loss of 5 holders — while 6 trimmed existing stakes and 7 added.
The largest buyer was Virtu KCG Holdings, adding an estimated $6.71M. The largest seller was Virtu Financial, exiting entirely with an estimated $2.69M sold.
- 17 institutional investors held Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ) as of Q4 2013, down from 22 in Q3 2013.
- Funds reported $44.6M of Direxion Daily MSCI Emerging Markets Bear 3X ETF stock for Q4 2013, down 13% quarter-over-quarter.
- 1 fund opened new Direxion Daily MSCI Emerging Markets Bear 3X ETF positions in Q4 2013 and 6 closed out, a net change of -5 holders.
- The largest Direxion Daily MSCI Emerging Markets Bear 3X ETF buyer in Q4 2013 was Virtu KCG Holdings, an estimated $6.71M added.
- The largest Direxion Daily MSCI Emerging Markets Bear 3X ETF seller in Q4 2013 was Virtu Financial, an estimated $2.69M sold.
Based on aggregated 13F filings for Q4 2013.