Direxion Daily MSCI India Bull 2X ETF
INDL
6 hedge funds and large institutions have $1.22M invested in Direxion Daily MSCI India Bull 2X ETF in 2018 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 0 reducing their positions, and 7 closing their positions.
9% more call options, than puts
Call options by funds: $8.66M | Put options by funds: $7.93M
1.83% less ownership
Funds ownership: 3.15% → 1.32% (-1.8%)
45% less funds holding
Funds holding: 11 → 6 (-5)
61% less capital invested
Capital invested by funds: $3.14M → $1.22M (-$1.92M)
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$631K |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
+$527K |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$2.12K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$1.38M |
| 2 |
Goldman Sachs
New York
|
-$834K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$487K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$114K |
| 5 |
CG
Cutler Group
San Francisco,
California
|
-$8.14K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $510K | +$631K | +7,742 | New |
|
|
2
Wolverine Trading
Chicago,
Illinois
| $427K | +$527K | +6,472 | New |
|
|
3
Simplex Trading
Chicago,
Illinois
| $255K | +$2.12K | +26 | +0.7% |
|
4
Morgan Stanley
New York
| $20K | – | – | – |
|
5
Citigroup
New York
| $7K | – | – | – |
|
|
VF
6
Virtu Financial
New York
| – | -$1.38M | -18,666 | Closed |
|
|
7
Goldman Sachs
New York
| – | -$834K | -11,300 | Closed |
|
|
CS
8
Credit Suisse
Zurich,
Switzerland
| – | -$487K | -6,600 | Closed |
|
|
9
UBS Group
Zurich,
Switzerland
| – | -$114K | -1,540 | Closed |
|
|
CG
10
Cutler Group
San Francisco,
California
| – | -$8.14K | -100 | Closed |
|
|
RIA
11
RPG Investment Advisory
Pleasanton,
California
| – | -$3K | -39 | Closed |
|
|
ML
12
McAdam LLC
Philadelphia,
Pennsylvania
| – | -$1K | -9 | Closed |
|
INDL Hedge Fund Activity: Q3 2018 in Review
6 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI India Bull 2X ETF (INDL) for Q3 2018, worth a combined $1.22M — down 61% from $3.14M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of INDL and 2 opened new positions — a net loss of 5 holders — while 0 trimmed existing stakes and 1 added.
The largest buyer was Jane Street, opening a new position worth an estimated $631K. The largest seller was Virtu Financial, exiting entirely with an estimated $1.38M sold.
- 6 institutional investors held Direxion Daily MSCI India Bull 2X ETF (INDL) as of Q3 2018, down from 11 in Q2 2018.
- Funds reported $1.22M of Direxion Daily MSCI India Bull 2X ETF stock for Q3 2018, down 61% quarter-over-quarter.
- 2 funds opened new Direxion Daily MSCI India Bull 2X ETF positions in Q3 2018 and 7 closed out, a net change of -5 holders.
- The largest Direxion Daily MSCI India Bull 2X ETF buyer in Q3 2018 was Jane Street, an estimated $631K added.
- The largest Direxion Daily MSCI India Bull 2X ETF seller in Q3 2018 was Virtu Financial, an estimated $1.38M sold.
Based on aggregated 13F filings for Q3 2018.