Direxion Daily MSCI South Korea Bull 3X ETF
KORU
4 hedge funds and large institutions have $838K invested in Direxion Daily MSCI South Korea Bull 3X ETF in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 8 closing their positions.
3,900% more call options, than puts
Call options by funds: $40K | Put options by funds: $1K
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
12.45% less ownership
Funds ownership: 17.62% → 5.17% (-12%)
60% less funds holding
Funds holding: 10 → 4 (-6)
62% less capital invested
Capital invested by funds: $2.23M → $838K (-$1.39M)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$278K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$125K |
| 3 |
CG
Cutler Group
San Francisco,
California
|
+$1.81K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.03M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$390K |
| 3 |
TSS
Two Sigma Securities
New York
|
-$175K |
| 4 |
Goldman Sachs
New York
|
-$154K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$79K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $313K | +$125K | +27,626 | +63% |
|
|
2
Citadel Advisors
Miami,
Florida
| $270K | +$278K | +61,586 | New |
|
3
UBS Group
Zurich,
Switzerland
| $255K | -$11.2K | -2,472 | -4% |
|
|
CG
4
Cutler Group
San Francisco,
California
| $1K | +$1.81K | +400 | New |
|
|
5
Jane Street
New York
| – | -$1.03M | -273,662 | Closed |
|
|
6
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$390K | -100,498 | Closed |
|
|
TSS
7
Two Sigma Securities
New York
| – | -$175K | -46,744 | Closed |
|
|
8
Goldman Sachs
New York
| – | -$154K | -41,096 | Closed |
|
|
FTUS
9
Flow Traders U.S.
New York
| – | -$79K | -20,950 | Closed |
|
10
JP Morgan Chase
New York
| – | -$10K | -2,726 | Closed |
|
11
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$2.05K | -546 | Closed |
|
KORU Hedge Fund Activity: Q1 2023 in Review
4 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI South Korea Bull 3X ETF (KORU) for Q1 2023, worth a combined $838K — down 62% from $2.23M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of KORU and 2 opened new positions — a net loss of 6 holders — while 1 trimmed existing stakes and 1 added.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $278K. The largest seller was Jane Street, exiting entirely with an estimated $1.03M sold.
- 4 institutional investors held Direxion Daily MSCI South Korea Bull 3X ETF (KORU) as of Q1 2023, down from 10 in Q4 2022.
- Funds reported $838K of Direxion Daily MSCI South Korea Bull 3X ETF stock for Q1 2023, down 62% quarter-over-quarter.
- 2 funds opened new Direxion Daily MSCI South Korea Bull 3X ETF positions in Q1 2023 and 8 closed out, a net change of -6 holders.
- The largest Direxion Daily MSCI South Korea Bull 3X ETF buyer in Q1 2023 was Citadel Advisors, an estimated $278K added.
- The largest Direxion Daily MSCI South Korea Bull 3X ETF seller in Q1 2023 was Jane Street, an estimated $1.03M sold.
Based on aggregated 13F filings for Q1 2023.