Direxion Daily MSCI Emerging Markets Bear 3X ETF
16 hedge funds and large institutions have $49.2M invested in Direxion Daily MSCI Emerging Markets Bear 3X ETF in 2014 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 9 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
26% more call options, than puts
Call options by funds: $53.5M | Put options by funds: $42.3M
20% less funds holding
Funds holding: 20 → 16 (-4)
42% less capital invested
Capital invested by funds: $84.9M → $49.2M (-$35.7M)
44% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$8.23M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$3.95M |
| 3 |
Morgan Stanley
New York
|
+$371K |
| 4 |
Barclays
London,
United Kingdom
|
+$304K |
| 5 |
AC
Altus Capital
Mayfield Heights,
Ohio
|
+$272K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
-$33.6M |
| 2 |
VF
Virtu Financial
New York
|
-$2.04M |
| 3 |
BCM
Bluefin Capital Management
New York
|
-$2M |
| 4 |
Jane Street
New York
|
-$1.55M |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.27M |
EDZ Hedge Fund Activity: Q2 2014 in Review
16 of the 3,491 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ) for Q2 2014, worth a combined $49.2M — down 42% from $84.9M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of EDZ and 5 opened new positions — a net loss of 4 holders — while 4 trimmed existing stakes and 6 added.
The largest buyer was Credit Suisse, adding an estimated $8.23M. The largest seller was Flow Traders U.S., exiting entirely with an estimated $33.6M sold.
- 16 institutional investors held Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ) as of Q2 2014, down from 20 in Q1 2014.
- Funds reported $49.2M of Direxion Daily MSCI Emerging Markets Bear 3X ETF stock for Q2 2014, down 42% quarter-over-quarter.
- 5 funds opened new Direxion Daily MSCI Emerging Markets Bear 3X ETF positions in Q2 2014 and 9 closed out, a net change of -4 holders.
- The largest Direxion Daily MSCI Emerging Markets Bear 3X ETF buyer in Q2 2014 was Credit Suisse, an estimated $8.23M added.
- The largest Direxion Daily MSCI Emerging Markets Bear 3X ETF seller in Q2 2014 was Flow Traders U.S., an estimated $33.6M sold.
Based on aggregated 13F filings for Q2 2014.