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Direxion Daily MSCI Emerging Markets Bear 3X ETF

15 hedge funds and large institutions have $42.2M invested in Direxion Daily MSCI Emerging Markets Bear 3X ETF in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 9 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

31% more call options, than puts

Call options by funds: $55.6M | Put options by funds: $42.6M

0.12% less ownership

Funds ownership: 0.78%0.66% (-0.12%)

6% less funds holding

Funds holding: 1615 (-1)

14% less capital invested

Capital invested by funds: $49.2M → $42.2M (-$7.05M)

25% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 4

78% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 9

Holders
15
Holders Change
-1
Holders Change %
-6.25%
% of All Funds
0.44%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
2
Reduced
9
Closed
4
Calls
$55.6M
Puts
$42.6M
Net Calls
+$13M
Net Calls Change
+$1.8M
Name Holding Trade Value Shares
Change
Change in
Stake
BNP Paribas Financial Markets
1
BNP Paribas Financial Markets
France
$11.2M +$1.04M +703 +12%
CS
2
Credit Suisse
Switzerland
$10.8M -$8.4M -5,680 -48%
Susquehanna International Group
3
Susquehanna International Group
Pennsylvania
$4.8M +$4.08M +2,759 New
Goldman Sachs
4
Goldman Sachs
New York
$4.37M +$3.41M +2,303 +1,113%
Citigroup
5
Citigroup
New York
$4.18M -$2.96M -2,000 -45%
Nomura Holdings
6
Nomura Holdings
Japan
$2.15M +$1.83M +1,237 New
Jane Street
7
Jane Street
New York
$1.82M -$684K -462 -31%
Morgan Stanley
8
Morgan Stanley
New York
$1.18M -$8.88K -6 -0.9%
AC
9
Altus Capital
Ohio
$696K -$104K -70 -15%
CA
10
Commerzbank Aktiengesellschaft
Germany
$407K
Barclays
11
Barclays
United Kingdom
$290K -$2.96K -2 -1%
QC
12
QCM Cayman
Texas
$267K -$69.5K -47 -24%
U
13
UBS
Switzerland
$27K -$20.7K -14 -47%
AIG
14
American International Group
New York
$20.9K +$17.8K +12 New
Walleye Trading
15
Walleye Trading
New York
$2K -$2.96K -2 -67%
VCAM
16
Valentine Capital Asset Management
California
-$7.86M -5,085 Closed
VKH
17
Virtu KCG Holdings
New York
-$222K -138 Closed
WAM
18
Wolverine Asset Management
Illinois
-$112K -76 Closed
PG
19
PEAK6 Group
Illinois
-$96K -60 Closed

EDZ Hedge Fund Activity: Q3 2014 in Review

15 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ) for Q3 2014, worth a combined $42.2M — down 14% from $49.2M a quarter earlier.

Sellers outnumbered buyers: 4 funds closed out of EDZ and 3 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 2 added.

The largest buyer was Susquehanna International Group, opening a new position worth an estimated $4.08M. The largest seller was Credit Suisse, cutting an estimated $8.4M.

  • 15 institutional investors held Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ) as of Q3 2014, down from 16 in Q2 2014.
  • Funds reported $42.2M of Direxion Daily MSCI Emerging Markets Bear 3X ETF stock for Q3 2014, down 14% quarter-over-quarter.
  • 3 funds opened new Direxion Daily MSCI Emerging Markets Bear 3X ETF positions in Q3 2014 and 4 closed out, a net change of -1 holder.
  • The largest Direxion Daily MSCI Emerging Markets Bear 3X ETF buyer in Q3 2014 was Susquehanna International Group, an estimated $4.08M added.
  • The largest Direxion Daily MSCI Emerging Markets Bear 3X ETF seller in Q3 2014 was Credit Suisse, an estimated $8.4M sold.

Based on aggregated 13F filings for Q3 2014.