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Direxion Daily MSCI Emerging Markets Bear 3X ETF

20 hedge funds and large institutions have $72M invested in Direxion Daily MSCI Emerging Markets Bear 3X ETF in 2015 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 3 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 9 | Existing positions closed: 3

131% more capital invested

Capital invested by funds: $31.2M → $72M (+$40.9M)

50% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 4

43% more funds holding

Funds holding: 1420 (+6)

0.02% less ownership

Funds ownership: 0.71%0.7% (-0.02%)

91% less call options, than puts

Call options by funds: $8.4M | Put options by funds: $98.7M

Holders
20
Holders Change
+6
Holders Change %
+42.86%
% of All Funds
0.56%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
9
Increased
6
Reduced
4
Closed
3
Calls
$8.4M
Puts
$98.7M
Net Calls
-$90.3M
Net Calls Change
-$36.9M
Name Holding Trade Value Shares
Change
Change in
Stake
BNP Paribas Financial Markets
1
BNP Paribas Financial Markets
France
$19.9M +$8.76M +4,000 +102%
Jane Street
2
Jane Street
New York
$18.3M +$16M +7,296 New
CS
3
Credit Suisse
Switzerland
$10.5M -$4.38M -2,000 -32%
Goldman Sachs
4
Goldman Sachs
New York
$6.99M +$1.23M +560 +25%
Susquehanna International Group
5
Susquehanna International Group
Pennsylvania
$2.48M -$771K -352 -26%
RC
6
Randolph Company
Ohio
$2.47M +$2.16M +984 New
Barclays
7
Barclays
United Kingdom
$2.4M +$2.1M +960 New
WAM
8
Wolverine Asset Management
Illinois
$2.34M +$2.05M +935 New
Morgan Stanley
9
Morgan Stanley
New York
$1.52M +$486K +222 +58%
VNA
10
VNBTrust National Association
Virginia
$1.48M +$1.29M +590 New
VF
11
Virtu Financial
New York
$1.2M -$1.87M -853 -64%
CA
12
Commerzbank Aktiengesellschaft
Germany
$587K
VKH
13
Virtu KCG Holdings
New York
$508K +$445K +203 New
Royal Bank of Canada
14
Royal Bank of Canada
Ontario, Canada
$463K +$381K +174 +1,582%
Simplex Trading
15
Simplex Trading
Illinois
$347K +$243K +111 +396%
Walleye Trading
16
Walleye Trading
New York
$209K +$182K +83 New
PG
17
PEAK6 Group
Illinois
$150K +$131K +60 New
UBS Group
18
UBS Group
Switzerland
$142K +$15.3K +7 +14%
Citadel Advisors
19
Citadel Advisors
Florida
$85K -$39.4K -18 -35%
TRCT
20
Tower Research Capital (TRC)
New York
$10K +$8.77K +4 New
ED
21
Exane Derivatives
France
$802
SG Americas Securities
22
SG Americas Securities
New York
-$3.23M -2,000 Closed
VCAM
23
Valentine Capital Asset Management
California
-$1.81M -1,587 Closed
QC
24
QCM Cayman
Texas
-$635K -393 Closed

EDZ Hedge Fund Activity: Q3 2015 in Review

20 of the 3,583 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ) for Q3 2015, worth a combined $72M — up 131% from $31.2M a quarter earlier.

Buyers outnumbered sellers: 9 funds opened new EDZ positions and 3 closed out — a net gain of 6 holders — while 6 added to existing stakes and 4 trimmed.

The largest buyer was Jane Street, opening a new position worth an estimated $16M. The largest seller was Credit Suisse, cutting an estimated $4.38M.

  • 20 institutional investors held Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ) as of Q3 2015, up from 14 in Q2 2015.
  • Funds reported $72M of Direxion Daily MSCI Emerging Markets Bear 3X ETF stock for Q3 2015, up 131% quarter-over-quarter.
  • 9 funds opened new Direxion Daily MSCI Emerging Markets Bear 3X ETF positions in Q3 2015 and 3 closed out, a net change of +6 holders.
  • The largest Direxion Daily MSCI Emerging Markets Bear 3X ETF buyer in Q3 2015 was Jane Street, an estimated $16M added.
  • The largest Direxion Daily MSCI Emerging Markets Bear 3X ETF seller in Q3 2015 was Credit Suisse, an estimated $4.38M sold.

Based on aggregated 13F filings for Q3 2015.