Direxion Daily MSCI Emerging Markets Bear 3X ETF
EDZ
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)
0.81% less ownership
Funds ownership: 1.6% → 0.79% (-0.81%)
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 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $1.45M | +$152K | +434 | +8% |
|
|
2
Citadel Advisors
Miami,
Florida
| $840K | -$76.8K | -219 | -6% |
|
|
3
Renaissance Technologies
New York
| $641K | +$859K | +2,450 | New |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $256K | -$1.75M | -4,985 | -84% |
|
|
5
Bank of America
Charlotte,
North Carolina
| $203K | +$272K | +777 | New |
|
|
6
Morgan Stanley
New York
| $124K | -$325K | -928 | -66% |
|
|
7
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $31K | +$42.1K | +120 | New |
|
8
Simplex Trading
Chicago,
Illinois
| $20K | -$29.5K | -84 | -52% |
|
|
CG
9
Cutler Group
San Francisco,
California
| $20K | +$28K | +80 | New |
|
10
Barclays
London,
United Kingdom
| $10K | +$14K | +40 | New |
|
11
JP Morgan Chase
New York
| $9K | +$12.3K | +35 | New |
|
|
SFA
12
Semmax Financial Advisors
Winston Salem,
North Carolina
| $1K | – | – | – |
|
|
ED
13
Exane Derivatives
Paris,
France
| $78 | – | – | – |
|
|
HF
14
HRT Financial
New York
| – | -$411K | -829 | Closed |
|
|
15
Goldman Sachs
New York
| – | -$316K | -638 | Closed |
|
16
UBS Group
Zurich,
Switzerland
| – | -$11K | -23 | Closed |
|
EDZ Hedge Fund Activity: Q2 2020 in Review
12 of the 4,878 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.