Direxion Daily MSCI India Bull 2X ETF
INDL
6 hedge funds and large institutions have $10.3M invested in Direxion Daily MSCI India Bull 2X ETF in 2014 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
15% more capital invested
Capital invested by funds: $8.91M → $10.3M (+$1.35M)
5.3% less ownership
Funds ownership: 24.4% → 19.1% (-5.3%)
14% less funds holding
Funds holding: 7 → 6 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
71% less call options, than puts
Call options by funds: $4.61M | Put options by funds: $16M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCAM
Valentine Capital Asset Management
Danville,
California
|
+$3.09M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$506K |
| 3 |
GFM
Gramercy Funds Management
Greenwich,
Connecticut
|
+$163K |
| 4 |
FANJ
Financial Architects (New Jersey)
Marlton,
New Jersey
|
+$50.5K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.56M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$1.29M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
-$805K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$47.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VCAM
1
Valentine Capital Asset Management
Danville,
California
| $6.44M | +$3.09M | +49,707 | +134% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $3.56M | +$506K | +8,153 | +21% |
|
|
GFM
3
Gramercy Funds Management
Greenwich,
Connecticut
| $195K | +$163K | +2,625 | New |
|
|
FANJ
4
Financial Architects (New Jersey)
Marlton,
New Jersey
| $60K | +$50.5K | +813 | New |
|
|
U
5
UBS
Zurich,
Switzerland
| $12K | -$47.1K | -759 | -82% |
|
6
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $2K | – | – | – |
|
|
7
Jane Street
New York
| – | -$3.56M | -57,415 | Closed |
|
|
FTUS
8
Flow Traders U.S.
New York
| – | -$1.29M | -25,516 | Closed |
|
|
VKH
9
Virtu KCG Holdings
New York
| – | -$805K | -15,950 | Closed |
|
INDL Hedge Fund Activity: Q2 2014 in Review
6 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI India Bull 2X ETF (INDL) for Q2 2014, worth a combined $10.3M — up 15% from $8.91M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of INDL and 2 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 2 added.
The largest buyer was Valentine Capital Asset Management, adding an estimated $3.09M. The largest seller was Jane Street, exiting entirely with an estimated $3.56M sold.
- 6 institutional investors held Direxion Daily MSCI India Bull 2X ETF (INDL) as of Q2 2014, down from 7 in Q1 2014.
- Funds reported $10.3M of Direxion Daily MSCI India Bull 2X ETF stock for Q2 2014, up 15% quarter-over-quarter.
- 2 funds opened new Direxion Daily MSCI India Bull 2X ETF positions in Q2 2014 and 3 closed out, a net change of -1 holder.
- The largest Direxion Daily MSCI India Bull 2X ETF buyer in Q2 2014 was Valentine Capital Asset Management, an estimated $3.09M added.
- The largest Direxion Daily MSCI India Bull 2X ETF seller in Q2 2014 was Jane Street, an estimated $3.56M sold.
Based on aggregated 13F filings for Q2 2014.