Direxion Daily MSCI Emerging Markets Bear 3X ETF
12 hedge funds and large institutions have $17M invested in Direxion Daily MSCI Emerging Markets Bear 3X ETF in 2016 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 8 closing their positions.
33% less funds holding
Funds holding: 18 → 12 (-6)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
40% less capital invested
Capital invested by funds: $28.5M → $17M (-$11.5M)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
80% less call options, than puts
Call options by funds: $9.4M | Put options by funds: $48.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$2.22M |
| 2 |
VKH
Virtu KCG Holdings
New York
|
+$1.36M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$252K |
| 4 |
AA
Apriem Advisors
Irvine,
California
|
+$20.2K |
| 5 |
CG
Cutler Group
San Francisco,
California
|
+$5.04K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.58M |
| 2 |
VF
Virtu Financial
New York
|
-$2.17M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.06M |
| 4 |
Jane Street
New York
|
-$904K |
| 5 |
HF
HRT Financial
New York
|
-$845K |
EDZ Hedge Fund Activity: Q1 2016 in Review
12 of the 3,767 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ) for Q1 2016, worth a combined $17M — down 40% from $28.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of EDZ and 2 opened new positions — a net loss of 6 holders — while 5 trimmed existing stakes and 3 added.
The largest buyer was SG Americas Securities, adding an estimated $2.22M. The largest seller was Morgan Stanley, exiting entirely with an estimated $2.58M sold.
- 12 institutional investors held Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ) as of Q1 2016, down from 18 in Q4 2015.
- Funds reported $17M of Direxion Daily MSCI Emerging Markets Bear 3X ETF stock for Q1 2016, down 40% quarter-over-quarter.
- 2 funds opened new Direxion Daily MSCI Emerging Markets Bear 3X ETF positions in Q1 2016 and 8 closed out, a net change of -6 holders.
- The largest Direxion Daily MSCI Emerging Markets Bear 3X ETF buyer in Q1 2016 was SG Americas Securities, an estimated $2.22M added.
- The largest Direxion Daily MSCI Emerging Markets Bear 3X ETF seller in Q1 2016 was Morgan Stanley, an estimated $2.58M sold.
Based on aggregated 13F filings for Q1 2016.