Direxion Daily MSCI Emerging Markets Bear 3X ETF
18 hedge funds and large institutions have $28.5M 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.
10% less funds holding
Funds holding: 20 → 18 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
60% less capital invested
Capital invested by funds: $72M → $28.5M (-$43.5M)
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
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$1.91M |
| 2 |
Morgan Stanley
New York
|
+$1.03M |
| 3 |
VF
Virtu Financial
New York
|
+$936K |
| 4 |
HF
HRT Financial
New York
|
+$757K |
| 5 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$698K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$13.4M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$10.5M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$10.5M |
| 4 |
RC
Randolph Company
Cincinnati,
Ohio
|
-$2.47M |
| 5 |
Barclays
London,
United Kingdom
|
-$2.02M |
EDZ Hedge Fund Activity: Q4 2015 in Review
18 of the 3,824 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 $28.5M — down 60% 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 $28.5M of Direxion Daily MSCI Emerging Markets Bear 3X ETF stock for Q4 2015, down 60% 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.