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.
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: 14 → 20 (+6)
91% less call options, than puts
Call options by funds: $8.4M | Put options by funds: $98.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$16M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$8.76M |
| 3 |
RC
Randolph Company
Cincinnati,
Ohio
|
+$2.16M |
| 4 |
Barclays
London,
United Kingdom
|
+$2.1M |
| 5 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$4.38M |
| 2 |
SG Americas Securities
New York
|
-$3.23M |
| 3 |
VF
Virtu Financial
New York
|
-$1.87M |
| 4 |
VCAM
Valentine Capital Asset Management
Danville,
California
|
-$1.81M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$771K |
EDZ Hedge Fund Activity: Q3 2015 in Review
20 of the 3,590 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.