Direxion Daily MSCI India Bull 2X ETF
INDL
5 hedge funds and large institutions have $3.4M invested in Direxion Daily MSCI India Bull 2X ETF in 2013 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, reducing their positions, and 4 closing their positions.
64% more capital invested
Capital invested by funds: $2.07M → $3.4M (+$1.33M)
11% more call options, than puts
Call options by funds: $1.69M | Put options by funds: $1.52M
10.25% more ownership
Funds ownership: 2.5% → 12.75% (+10%)
29% less funds holding
Funds holding: 7 → 5 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.94M |
| 2 |
VCAM
Valentine Capital Asset Management
Danville,
California
|
+$1.1M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$75.8K |
| 4 |
SSG
Summit Securities Group
New York
|
+$4.8K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.14M |
| 2 |
U
UBS
Zurich,
Switzerland
|
-$13K |
| 3 |
FANJ
Financial Architects (New Jersey)
Marlton,
New Jersey
|
-$5K |
| 4 |
Nomura Holdings
Tokyo,
Japan
|
-$4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $2.12M | +$1.94M | +50,536 | +462% |
|
|
VCAM
2
Valentine Capital Asset Management
Danville,
California
| $988K | +$1.1M | +28,698 | New |
|
|
FTUS
3
Flow Traders U.S.
New York
| $287K | +$75.8K | +1,974 | +31% |
|
|
SSG
4
Summit Securities Group
New York
| $4K | +$4.8K | +125 | New |
|
5
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $1K | – | – | – |
|
|
6
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.14M | -29,617 | Closed |
|
|
U
7
UBS
Zurich,
Switzerland
| – | -$13K | -309 | Closed |
|
|
FANJ
8
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$5K | -125 | Closed |
|
|
9
Nomura Holdings
Tokyo,
Japan
| – | -$4K | -88 | Closed |
|
INDL Hedge Fund Activity: Q3 2013 in Review
5 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI India Bull 2X ETF (INDL) for Q3 2013, worth a combined $3.4M — up 64% from $2.07M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of INDL and 2 opened new positions — a net loss of 2 holders — while 0 trimmed existing stakes and 2 added.
The largest buyer was Jane Street, adding an estimated $1.94M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $1.14M sold.
- 5 institutional investors held Direxion Daily MSCI India Bull 2X ETF (INDL) as of Q3 2013, down from 7 in Q2 2013.
- Funds reported $3.4M of Direxion Daily MSCI India Bull 2X ETF stock for Q3 2013, up 64% quarter-over-quarter.
- 2 funds opened new Direxion Daily MSCI India Bull 2X ETF positions in Q3 2013 and 4 closed out, a net change of -2 holders.
- The largest Direxion Daily MSCI India Bull 2X ETF buyer in Q3 2013 was Jane Street, an estimated $1.94M added.
- The largest Direxion Daily MSCI India Bull 2X ETF seller in Q3 2013 was Susquehanna International Group, an estimated $1.14M sold.
Based on aggregated 13F filings for Q3 2013.