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Direxion Daily MSCI Emerging Markets Bear 3X ETF

18 hedge funds and large institutions have $35.4M invested in Direxion Daily MSCI Emerging Markets Bear 3X ETF in 2015 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 8 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.03% less ownership

Funds ownership: 0.7%0.66% (-0.03%)

10% less funds holding

Funds holding: 2018 (-2)

29% less first-time investments, than exits

New positions opened: 5 | Existing positions closed: 7

51% less capital invested

Capital invested by funds: $72M → $35.4M (-$36.6M)

63% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 8

87% less call options, than puts

Call options by funds: $7.97M | Put options by funds: $62.8M

Holders
18
Holders Change
-2
Holders Change %
-10%
% of All Funds
0.47%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
5
Increased
3
Reduced
8
Closed
7
Calls
$7.97M
Puts
$62.8M
Net Calls
-$54.9M
Net Calls Change
+$35.4M
Name Holding Trade Value Shares
Change
Change in
Stake
BNP Paribas Financial Markets
1
BNP Paribas Financial Markets
France
$13.7M -$4.37M -2,081 -26%
Goldman Sachs
2
Goldman Sachs
New York
$6.55M
Morgan Stanley
3
Morgan Stanley
New York
$2.58M +$1.03M +491 +81%
VF
4
Virtu Financial
New York
$2.17M +$936K +445 +93%
SG Americas Securities
5
SG Americas Securities
New York
$2.14M +$1.91M +910 New
Jane Street
6
Jane Street
New York
$2.11M -$13.4M -6,397 -88%
Susquehanna International Group
7
Susquehanna International Group
Pennsylvania
$1.97M -$320K -152 -15%
WAM
8
Wolverine Asset Management
Illinois
$1.5M -$622K -296 -32%
HF
9
HRT Financial
New York
$845K +$757K +360 New
TH
10
Timber Hill
Connecticut
$780K +$698K +332 New
CA
11
Commerzbank Aktiengesellschaft
Germany
$550K
UBS Group
12
UBS Group
Switzerland
$272K +$126K +60 +107%
Walleye Trading
13
Walleye Trading
New York
$129K -$58.9K -28 -34%
Simplex Trading
14
Simplex Trading
Illinois
$66K -$233K -111 -80%
Citigroup
15
Citigroup
New York
$11K +$8.41K +4 New
Royal Bank of Canada
16
Royal Bank of Canada
Ontario, Canada
$4K -$385K -183 -99%
Citadel Advisors
17
Citadel Advisors
Florida
$3K -$69.4K -33 -97%
CG
18
Cutler Group
California
$3K +$2.1K +1 New
ED
19
Exane Derivatives
France
$752
CS
20
Credit Suisse
Switzerland
-$10.5M -4,200 Closed
RC
21
Randolph Company
Ohio
-$2.47M -984 Closed
Barclays
22
Barclays
United Kingdom
-$2.02M -960 Closed
VNA
23
VNBTrust National Association
Virginia
-$1.48M -590 Closed
VKH
24
Virtu KCG Holdings
New York
-$508K -203 Closed
PG
25
PEAK6 Group
Illinois
-$126K -60 Closed

EDZ Hedge Fund Activity: Q4 2015 in Review

18 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ) for Q4 2015, worth a combined $35.4M — down 51% from $72M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of EDZ and 5 opened new positions — a net loss of 2 holders — while 8 trimmed existing stakes and 3 added.

The largest buyer was SG Americas Securities, opening a new position worth an estimated $1.91M. The largest seller was Jane Street, cutting an estimated $13.4M.

  • 18 institutional investors held Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ) as of Q4 2015, down from 20 in Q3 2015.
  • Funds reported $35.4M of Direxion Daily MSCI Emerging Markets Bear 3X ETF stock for Q4 2015, down 51% quarter-over-quarter.
  • 5 funds opened new Direxion Daily MSCI Emerging Markets Bear 3X ETF positions in Q4 2015 and 7 closed out, a net change of -2 holders.
  • The largest Direxion Daily MSCI Emerging Markets Bear 3X ETF buyer in Q4 2015 was SG Americas Securities, an estimated $1.91M added.
  • The largest Direxion Daily MSCI Emerging Markets Bear 3X ETF seller in Q4 2015 was Jane Street, an estimated $13.4M sold.

Based on aggregated 13F filings for Q4 2015.