Direxion Daily MSCI Emerging Markets Bear 3X ETF
12 hedge funds and large institutions have $3.61M invested in Direxion Daily MSCI Emerging Markets Bear 3X ETF in 2020 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 3 closing their positions.
100% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 3
72% more call options, than puts
Call options by funds: $3.52M | Put options by funds: $2.04M
33% more funds holding
Funds holding: 9 → 12 (+3)
2.15% less ownership
Funds ownership: 10.04% → 7.88% (-2.2%)
59% less capital invested
Capital invested by funds: $8.71M → $3.61M (-$5.1M)
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$859K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$272K |
| 3 |
Jane Street
New York
|
+$152K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$42.1K |
| 5 |
CG
Cutler Group
San Francisco,
California
|
+$28K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.75M |
| 2 |
HF
HRT Financial
New York
|
-$411K |
| 3 |
Morgan Stanley
New York
|
-$325K |
| 4 |
Goldman Sachs
New York
|
-$316K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$76.8K |
EDZ Hedge Fund Activity: Q2 2020 in Review
12 of the 4,889 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ) for Q2 2020, worth a combined $3.61M — down 59% from $8.71M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new EDZ positions and 3 closed out — a net gain of 3 holders — while 1 added to existing stakes and 4 trimmed.
The largest buyer was Renaissance Technologies, opening a new position worth an estimated $859K. The largest seller was Susquehanna International Group, cutting an estimated $1.75M.
- 12 institutional investors held Direxion Daily MSCI Emerging Markets Bear 3X ETF (EDZ) as of Q2 2020, up from 9 in Q1 2020.
- Funds reported $3.61M of Direxion Daily MSCI Emerging Markets Bear 3X ETF stock for Q2 2020, down 59% quarter-over-quarter.
- 6 funds opened new Direxion Daily MSCI Emerging Markets Bear 3X ETF positions in Q2 2020 and 3 closed out, a net change of +3 holders.
- The largest Direxion Daily MSCI Emerging Markets Bear 3X ETF buyer in Q2 2020 was Renaissance Technologies, an estimated $859K added.
- The largest Direxion Daily MSCI Emerging Markets Bear 3X ETF seller in Q2 2020 was Susquehanna International Group, an estimated $1.75M sold.
Based on aggregated 13F filings for Q2 2020.