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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.

New
Increased
Maintained
Reduced
Closed

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

0.27% more ownership

Funds ownership: 0.8%1.06% (+0.27%)

13% less capital invested

Capital invested by funds: $51.4M → $44.6M (-$6.8M)

23% less funds holding

Funds holding: 2217 (-5)

83% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 6

Holders
17
Holders Change
-5
Holders Change %
-22.73%
% of All Funds
0.49%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
1
Increased
7
Reduced
6
Closed
6
Calls
$107M
Puts
$50.8M
Net Calls
+$56.3M
Net Calls Change
-$33.4M
Name Holding Trade Value Shares
Change
Change in
Stake
CS
1
Credit Suisse
Switzerland
$14.3M -$2.08M -1,000 -12%
VKH
2
Virtu KCG Holdings
New York
$7.55M +$6.71M +3,219 +562%
VCAM
3
Valentine Capital Asset Management
California
$7.25M +$333K +160 +3%
Citigroup
4
Citigroup
New York
$4.78M
BNP Paribas Financial Markets
5
BNP Paribas Financial Markets
France
$3.59M +$959K +460 +34%
Jane Street
6
Jane Street
New York
$1.36M +$500K +240 +54%
Susquehanna International Group
7
Susquehanna International Group
Pennsylvania
$1.06M +$715K +343 +181%
AC
8
Altus Capital
Ohio
$1.04M +$604K +290 +126%
Morgan Stanley
9
Morgan Stanley
New York
$864K
CA
10
Commerzbank Aktiengesellschaft
Germany
$797K -$283K -136 -30%
Bank of America
11
Bank of America
North Carolina
$598K +$425K +204 +213%
Goldman Sachs
12
Goldman Sachs
New York
$481K -$308K -148 -38%
TH
13
Timber Hill
Connecticut
$340K -$677K -325 -66%
FTUS
14
Flow Traders U.S.
New York
$296K
WAM
15
Wolverine Asset Management
Illinois
$131K -$467K -224 -77%
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$84K +$87.5K +42 New
TRCT
17
Tower Research Capital (TRC)
New York
$14K -$1.03M -492 -99%
AIG
18
American International Group
New York
$797
VF
19
Virtu Financial
New York
-$2.69M -1,156 Closed
Deutsche Bank
20
Deutsche Bank
Germany
-$2.32M -1,000 Closed
Commonwealth Equity Services
21
Commonwealth Equity Services
Massachusetts
-$1.64M -704 Closed
PFS
22
Prospera Financial Services
Texas
-$245K -112 Closed
QC
23
QCM Cayman
Texas
-$225K -97 Closed
Barclays
24
Barclays
United Kingdom
-$102K -49 Closed

EDZ Hedge Fund Activity: Q4 2013 in Review

17 of the 3,447 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.