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Direxion Daily MSCI Emerging Markets Bear 3X ETF

20 hedge funds and large institutions have $84.9M invested in Direxion Daily MSCI Emerging Markets Bear 3X ETF in 2014 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

150% more first-time investments, than exits

New positions opened: 5 | Existing positions closed: 2

91% more capital invested

Capital invested by funds: $44.6M → $84.9M (+$40.3M)

80% more repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 5

24% more call options, than puts

Call options by funds: $55.2M | Put options by funds: $44.6M

18% more funds holding

Funds holding: 1720 (+3)

0.58% more ownership

Funds ownership: 1.06%1.64% (+0.58%)

Holders
20
Holders Change
+3
Holders Change %
+17.65%
% of All Funds
0.58%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.03%
New
5
Increased
9
Reduced
5
Closed
2
Calls
$55.2M
Puts
$44.6M
Net Calls
+$10.6M
Net Calls Change
-$45.8M
Name Holding Trade Value Shares
Change
Change in
Stake
FTUS
1
Flow Traders U.S.
New York
$33.6M +$39.2M +16,851 +11,309%
CS
2
Credit Suisse
Switzerland
$14.2M
Citigroup
3
Citigroup
New York
$8.69M +$4.65M +2,001 +83%
BNP Paribas Financial Markets
4
BNP Paribas Financial Markets
France
$6.63M +$3.88M +1,668 +92%
VCAM
5
Valentine Capital Asset Management
California
$6.63M +$72.1K +31 +0.6%
Jane Street
6
Jane Street
New York
$4.71M +$3.96M +1,702 +249%
VF
7
Virtu Financial
New York
$2.04M +$2.41M +1,034 New
BCM
8
Bluefin Capital Management
New York
$2M +$2.33M +1,000 New
Commonwealth Equity Services
9
Commonwealth Equity Services
Massachusetts
$1.27M +$1.5M +644 New
Morgan Stanley
10
Morgan Stanley
New York
$938K +$95.4K +41 +9%
Goldman Sachs
11
Goldman Sachs
New York
$772K +$347K +149 +62%
AC
12
Altus Capital
Ohio
$622K -$477K -205 -39%
VKH
13
Virtu KCG Holdings
New York
$565K -$8.16M -3,506 -92%
TH
14
Timber Hill
Connecticut
$539K +$237K +102 +60%
TRCT
15
Tower Research Capital (TRC)
New York
$539K +$619K +266 +3,800%
CA
16
Commerzbank Aktiengesellschaft
Germany
$462K -$181K -78 -25%
WSTAM
17
Wilbanks Smith & Thomas Asset Management
Virginia
$361K +$426K +183 New
QC
18
QCM Cayman
Texas
$268K +$316K +136 New
Bank of America
19
Bank of America
North Carolina
$55K -$633K -272 -91%
Royal Bank of Canada
20
Royal Bank of Canada
Ontario, Canada
$21K -$72.1K -31 -74%
Susquehanna International Group
21
Susquehanna International Group
Pennsylvania
-$1.24M -532 Closed
WAM
22
Wolverine Asset Management
Illinois
-$154K -66 Closed
AIG
23
American International Group
New York
-$797

EDZ Hedge Fund Activity: Q1 2014 in Review

20 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ) for Q1 2014, worth a combined $84.9M — up 91% from $44.6M a quarter earlier.

Buyers outnumbered sellers: 5 funds opened new EDZ positions and 2 closed out — a net gain of 3 holders — while 9 added to existing stakes and 5 trimmed.

The largest buyer was Flow Traders U.S., adding an estimated $39.2M. The largest seller was Virtu KCG Holdings, cutting an estimated $8.16M.

  • 20 institutional investors held Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ) as of Q1 2014, up from 17 in Q4 2013.
  • Funds reported $84.9M of Direxion Daily MSCI Emerging Markets Bear 3X ETF stock for Q1 2014, up 91% quarter-over-quarter.
  • 5 funds opened new Direxion Daily MSCI Emerging Markets Bear 3X ETF positions in Q1 2014 and 2 closed out, a net change of +3 holders.
  • The largest Direxion Daily MSCI Emerging Markets Bear 3X ETF buyer in Q1 2014 was Flow Traders U.S., an estimated $39.2M added.
  • The largest Direxion Daily MSCI Emerging Markets Bear 3X ETF seller in Q1 2014 was Virtu KCG Holdings, an estimated $8.16M sold.

Based on aggregated 13F filings for Q1 2014.