Direxion Daily S&P Biotech Bear 1X Shares
LABS
LABS was delisted on the 25th of September, 2017.
2 hedge funds and large institutions have $1.13M invested in Direxion Daily S&P Biotech Bear 1X Shares in 2016 Q1 according to their latest regulatory filings, with 1 funds opening new positions, increasing their positions, 1 reducing their positions, and closing their positions.
100% more funds holding
Funds holding: 1 → 2 (+1)
41% less capital invested
Capital invested by funds: $1.9M → $1.13M (-$773K)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$809K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$2.19M |
LABS Hedge Fund Activity: Q1 2016 in Review
2 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P Biotech Bear 1X Shares (LABS) for Q1 2016, worth a combined $1.13M — down 41% from $1.9M a quarter earlier.
Buyers outnumbered sellers: 1 fund opened new LABS positions and 0 closed out — a net gain of 1 holder — while 0 added to existing stakes and 1 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $809K. The largest seller was Virtu Financial, cutting an estimated $2.19M.
- 2 institutional investors held Direxion Daily S&P Biotech Bear 1X Shares (LABS) as of Q1 2016, up from 1 in Q4 2015.
- Funds reported $1.13M of Direxion Daily S&P Biotech Bear 1X Shares stock for Q1 2016, down 41% quarter-over-quarter.
- 1 fund opened new Direxion Daily S&P Biotech Bear 1X Shares positions in Q1 2016 and 0 closed out, a net change of +1 holder.
- The largest Direxion Daily S&P Biotech Bear 1X Shares buyer in Q1 2016 was Jane Street, an estimated $809K added.
- The largest Direxion Daily S&P Biotech Bear 1X Shares seller in Q1 2016 was Virtu Financial, an estimated $2.19M sold.
Based on aggregated 13F filings for Q1 2016.