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Direxion Daily MSCI Emerging Markets Bear 3X ETF

12 hedge funds and large institutions have $5.76M invested in Direxion Daily MSCI Emerging Markets Bear 3X ETF in 2017 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 6 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

0.1% less ownership

Funds ownership: 0.25%0.15% (-0.1%)

20% less funds holding

Funds holding: 1512 (-3)

40% less call options, than puts

Call options by funds: $623K | Put options by funds: $1.05M

57% less capital invested

Capital invested by funds: $13.6M → $5.76M (-$7.79M)

60% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 5

67% less repeat investments, than reductions

Existing positions increased: 2 | Existing positions reduced: 6

Holders
12
Holders Change
-3
Holders Change %
-20%
% of All Funds
0.27%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
2
Reduced
6
Closed
5
Calls
$623K
Puts
$1.05M
Net Calls
-$424K
Net Calls Change
-$4.15M
Name Holding Trade Value Shares
Change
Change in
Stake
SG Americas Securities
1
SG Americas Securities
New York
$3.17M +$105K +210 +3%
Morgan Stanley
2
Morgan Stanley
New York
$993K -$806K -1,606 -42%
Citigroup
3
Citigroup
New York
$453K
Citadel Advisors
4
Citadel Advisors
Florida
$301K -$309K -617 -48%
IP
5
Intellectus Partners
California
$190K -$50.2K -100 -19%
CA
6
Calton & Associates
Florida
$146K +$206K +411 New
TSS
7
Two Sigma Securities
New York
$128K -$102K -204 -42%
VF
8
Virtu Financial
New York
$107K -$1.66M -3,319 -93%
CA
9
Commerzbank Aktiengesellschaft
Germany
$106K
UBS Group
10
UBS Group
Switzerland
$101K +$87.8K +175 +372%
WAM
11
Wolverine Asset Management
Illinois
$57K +$63.2K +126 New
TRCT
12
Tower Research Capital (TRC)
New York
$7K -$1K -2 -11%
ED
13
Exane Derivatives
France
$145
Jane Street
14
Jane Street
New York
-$2.05M -4,080 Closed
Parallax Volatility Advisers
15
Parallax Volatility Advisers
California
-$556K -1,108 Closed
Susquehanna International Group
16
Susquehanna International Group
Pennsylvania
-$509K -1,015 Closed
HF
17
HRT Financial
New York
-$147K -264 Closed
Simplex Trading
18
Simplex Trading
Illinois
-$1K -2 Closed

EDZ Hedge Fund Activity: Q4 2017 in Review

12 of the 4,410 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ) for Q4 2017, worth a combined $5.76M — down 57% from $13.6M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of EDZ and 2 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 2 added.

The largest buyer was SG Americas Securities, adding an estimated $105K. The largest seller was Jane Street, exiting entirely with an estimated $2.05M sold.

  • 12 institutional investors held Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ) as of Q4 2017, down from 15 in Q3 2017.
  • Funds reported $5.76M of Direxion Daily MSCI Emerging Markets Bear 3X ETF stock for Q4 2017, down 57% quarter-over-quarter.
  • 2 funds opened new Direxion Daily MSCI Emerging Markets Bear 3X ETF positions in Q4 2017 and 5 closed out, a net change of -3 holders.
  • The largest Direxion Daily MSCI Emerging Markets Bear 3X ETF buyer in Q4 2017 was SG Americas Securities, an estimated $105K added.
  • The largest Direxion Daily MSCI Emerging Markets Bear 3X ETF seller in Q4 2017 was Jane Street, an estimated $2.05M sold.

Based on aggregated 13F filings for Q4 2017.