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.
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: $55.5M | Put options by funds: $44.9M
18% more funds holding
Funds holding: 17 → 20 (+3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$39.2M |
| 2 |
Citigroup
New York
|
+$4.65M |
| 3 |
Jane Street
New York
|
+$3.96M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$3.88M |
| 5 |
VF
Virtu Financial
New York
|
+$2.41M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VKH
Virtu KCG Holdings
New York
|
-$8.16M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.24M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$633K |
| 4 |
AC
Altus Capital
Mayfield Heights,
Ohio
|
-$477K |
| 5 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$181K |
EDZ Hedge Fund Activity: Q1 2014 in Review
20 of the 3,475 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.