Direxion Daily S&P Biotech Bear 1X Shares
LABS
LABS was delisted on the 25th of September, 2017.
1 hedge funds and large institutions have $1.46M invested in Direxion Daily S&P Biotech Bear 1X Shares in 2016 Q3 according to their latest regulatory filings, with funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 1 closing their positions.
32% less capital invested
Capital invested by funds: $2.15M → $1.46M (-$695K)
50% less funds holding
Funds holding: 2 → 1 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$264K |
| 2 |
VF
Virtu Financial
New York
|
-$61.6K |
LABS Hedge Fund Activity: Q3 2016 in Review
1 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P Biotech Bear 1X Shares (LABS) for Q3 2016, worth a combined $1.46M — down 32% from $2.15M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of LABS and 0 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 0 added.
The largest seller was Jane Street, exiting entirely with an estimated $264K sold.
- 1 institutional investor held Direxion Daily S&P Biotech Bear 1X Shares (LABS) as of Q3 2016, down from 2 in Q2 2016.
- Funds reported $1.46M of Direxion Daily S&P Biotech Bear 1X Shares stock for Q3 2016, down 32% quarter-over-quarter.
- 0 funds opened new Direxion Daily S&P Biotech Bear 1X Shares positions in Q3 2016 and 1 closed out, a net change of -1 holder.
- The largest Direxion Daily S&P Biotech Bear 1X Shares seller in Q3 2016 was Jane Street, an estimated $264K sold.
Based on aggregated 13F filings for Q3 2016.