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.
31% more call options, than puts
Call options by funds: $55.6M | Put options by funds: $42.6M
6% less funds holding
Funds holding: 16 → 15 (-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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.08M |
| 2 |
Goldman Sachs
New York
|
+$3.41M |
| 3 |
Nomura Holdings
Tokyo,
Japan
|
+$1.83M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
+$1.04M |
| 5 |
AIG
American International Group
New York
|
+$17.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$8.4M |
| 2 |
VCAM
Valentine Capital Asset Management
Danville,
California
|
-$7.86M |
| 3 |
Citigroup
New York
|
-$2.96M |
| 4 |
Jane Street
New York
|
-$684K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$222K |
EDZ Hedge Fund Activity: Q3 2014 in Review
15 of the 3,455 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.