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Direxion Daily MSCI Emerging Markets Bear 3X ETF

18 hedge funds and large institutions have $40.5M invested in Direxion Daily MSCI Emerging Markets Bear 3X ETF in 2014 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 4 closing their positions.

New
Increased
Maintained
Reduced
Closed

100% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 4

20% more funds holding

Funds holding: 1518 (+3)

0.43% more ownership

Funds ownership: 0.66%1.09% (+0.43%)

4% less capital invested

Capital invested by funds: $42.2M → $40.5M (-$1.67M)

20% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 5

52% less call options, than puts

Call options by funds: $46.9M | Put options by funds: $97.2M

Holders
18
Holders Change
+3
Holders Change %
+20%
% of All Funds
0.48%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
4
Reduced
5
Closed
4
Calls
$46.9M
Puts
$97.2M
Net Calls
-$50.2M
Net Calls Change
-$63.2M
Name Holding Trade Value Shares
Change
Change in
Stake
CS
1
Credit Suisse
Switzerland
$14M +$2.27M +1,260 +20%
BNP Paribas Financial Markets
2
BNP Paribas Financial Markets
France
$12.1M +$50.5K +28 +0.4%
VCAM
3
Valentine Capital Asset Management
California
$4.48M +$7.05M +3,907 New
Susquehanna International Group
4
Susquehanna International Group
Pennsylvania
$1.95M -$3.1M -1,720 -62%
Goldman Sachs
5
Goldman Sachs
New York
$1.89M -$2.71M -1,504 -60%
Commonwealth Equity Services
6
Commonwealth Equity Services
Massachusetts
$1.59M +$1.53M +846 New
Morgan Stanley
7
Morgan Stanley
New York
$1.15M -$125K -69 -10%
Barclays
8
Barclays
United Kingdom
$808K +$480K +266 +156%
APCM
9
Arbiter Partners Capital Management
New York
$754K +$725K +402 New
CA
10
Commerzbank Aktiengesellschaft
Germany
$439K
VKH
11
Virtu KCG Holdings
New York
$297K +$285K +158 New
WAM
12
Wolverine Asset Management
Illinois
$251K +$242K +134 New
QC
13
QCM Cayman
Texas
$238K -$46.9K -26 -17%
Citadel Advisors
14
Citadel Advisors
Florida
$214K +$206K +114 New
TH
15
Timber Hill
Connecticut
$214K +$206K +114 New
SG Americas Securities
16
SG Americas Securities
New York
$131K +$126K +70 New
Walleye Trading
17
Walleye Trading
New York
$25K +$21.7K +12 +1,200%
Citigroup
18
Citigroup
New York
$2K -$4.33M -2,399 -100%
ED
19
Exane Derivatives
France
$600
Nomura Holdings
20
Nomura Holdings
Japan
-$2.15M -1,237 Closed
Jane Street
21
Jane Street
New York
-$1.88M -1,043 Closed
AC
22
Altus Capital
Ohio
-$696K -400 Closed
AIG
23
American International Group
New York
-$20.9K -12 Closed

EDZ Hedge Fund Activity: Q4 2014 in Review

18 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ) for Q4 2014, worth a combined $40.5M — down 4% from $42.2M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new EDZ positions and 4 closed out — a net gain of 4 holders — while 4 added to existing stakes and 5 trimmed.

The largest buyer was Valentine Capital Asset Management, opening a new position worth an estimated $7.05M. The largest seller was Citigroup, cutting an estimated $4.33M.

  • 18 institutional investors held Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ) as of Q4 2014, up from 15 in Q3 2014.
  • Funds reported $40.5M of Direxion Daily MSCI Emerging Markets Bear 3X ETF stock for Q4 2014, down 4% quarter-over-quarter.
  • 8 funds opened new Direxion Daily MSCI Emerging Markets Bear 3X ETF positions in Q4 2014 and 4 closed out, a net change of +4 holders.
  • The largest Direxion Daily MSCI Emerging Markets Bear 3X ETF buyer in Q4 2014 was Valentine Capital Asset Management, an estimated $7.05M added.
  • The largest Direxion Daily MSCI Emerging Markets Bear 3X ETF seller in Q4 2014 was Citigroup, an estimated $4.33M sold.

Based on aggregated 13F filings for Q4 2014.