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.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
20% more funds holding
Funds holding: 15 → 18 (+3)
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCAM
Valentine Capital Asset Management
Danville,
California
|
+$7.05M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$2.27M |
| 3 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$1.53M |
| 4 |
APCM
Arbiter Partners Capital Management
New York
|
+$725K |
| 5 |
Barclays
London,
United Kingdom
|
+$480K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$4.33M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.1M |
| 3 |
Goldman Sachs
New York
|
-$2.71M |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$2.15M |
| 5 |
Jane Street
New York
|
-$1.88M |
EDZ Hedge Fund Activity: Q4 2014 in Review
18 of the 3,765 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.