Direxion Daily MSCI South Korea Bull 3X ETF
KORU
7 hedge funds and large institutions have $1.01M invested in Direxion Daily MSCI South Korea Bull 3X ETF in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 2 closing their positions.
150% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 2
75% more funds holding
Funds holding: 4 → 7 (+3)
20% more capital invested
Capital invested by funds: $838K → $1.01M (+$168K)
1.8% more ownership
Funds ownership: 5.17% → 6.97% (+1.8%)
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SWM
Spire Wealth Management
Mclean,
Virginia
|
+$421K |
| 2 |
Jane Street
New York
|
+$216K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$123K |
| 4 |
Belvedere Trading
Chicago,
Illinois
|
+$110K |
| 5 |
CG
Cutler Group
San Francisco,
California
|
+$19.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$270K |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$255K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$212K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
SWM
1
Spire Wealth Management
Mclean,
Virginia
| $421K | +$421K | +91,872 | New |
|
|
2
Jane Street
New York
| $216K | +$216K | +47,140 | New |
|
|
FTUS
3
Flow Traders U.S.
New York
| $123K | +$123K | +26,732 | New |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $115K | -$212K | -46,244 | -65% |
|
|
5
Belvedere Trading
Chicago,
Illinois
| $110K | +$110K | +24,026 | New |
|
|
CG
6
Cutler Group
San Francisco,
California
| $21K | +$19.3K | +4,200 | +1,050% |
|
|
TRCT
7
Tower Research Capital (TRC)
New York
| $83 | +$83 | +18 | New |
|
|
8
Citadel Advisors
Miami,
Florida
| – | -$270K | -61,586 | Closed |
|
|
9
UBS Group
Zurich,
Switzerland
| – | -$255K | -58,042 | Closed |
|
KORU Hedge Fund Activity: Q2 2023 in Review
7 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily MSCI South Korea Bull 3X ETF (KORU) for Q2 2023, worth a combined $1.01M — up 20% from $838K a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new KORU positions and 2 closed out — a net gain of 3 holders — while 1 added to existing stakes and 1 trimmed.
The largest buyer was Spire Wealth Management, opening a new position worth an estimated $421K. The largest seller was Citadel Advisors, exiting entirely with an estimated $270K sold.
- 7 institutional investors held Direxion Daily MSCI South Korea Bull 3X ETF (KORU) as of Q2 2023, up from 4 in Q1 2023.
- Funds reported $1.01M of Direxion Daily MSCI South Korea Bull 3X ETF stock for Q2 2023, up 20% quarter-over-quarter.
- 5 funds opened new Direxion Daily MSCI South Korea Bull 3X ETF positions in Q2 2023 and 2 closed out, a net change of +3 holders.
- The largest Direxion Daily MSCI South Korea Bull 3X ETF buyer in Q2 2023 was Spire Wealth Management, an estimated $421K added.
- The largest Direxion Daily MSCI South Korea Bull 3X ETF seller in Q2 2023 was Citadel Advisors, an estimated $270K sold.
Based on aggregated 13F filings for Q2 2023.