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 $2.19M invested in Direxion Daily S&P Biotech Bear 1X Shares in 2016 Q4 according to their latest regulatory filings, with 2 funds opening new positions, increasing their positions, 0 reducing their positions, and 1 closing their positions.
100% more funds holding
Funds holding: 1 → 2 (+1)
100% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 1
50% more capital invested
Capital invested by funds: $1.46M → $2.19M (+$733K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$1.94M |
| 2 |
Jane Street
New York
|
+$277K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$1.46M |
LABS Hedge Fund Activity: Q4 2016 in Review
2 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P Biotech Bear 1X Shares (LABS) for Q4 2016, worth a combined $2.19M — up 50% from $1.46M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new LABS positions and 1 closed out — a net gain of 1 holder — while 0 added to existing stakes and 0 trimmed.
The largest buyer was Citigroup, opening a new position worth an estimated $1.94M. The largest seller was Virtu Financial, exiting entirely with an estimated $1.46M sold.
- 2 institutional investors held Direxion Daily S&P Biotech Bear 1X Shares (LABS) as of Q4 2016, up from 1 in Q3 2016.
- Funds reported $2.19M of Direxion Daily S&P Biotech Bear 1X Shares stock for Q4 2016, up 50% quarter-over-quarter.
- 2 funds opened new Direxion Daily S&P Biotech Bear 1X Shares positions in Q4 2016 and 1 closed out, a net change of +1 holder.
- The largest Direxion Daily S&P Biotech Bear 1X Shares buyer in Q4 2016 was Citigroup, an estimated $1.94M added.
- The largest Direxion Daily S&P Biotech Bear 1X Shares seller in Q4 2016 was Virtu Financial, an estimated $1.46M sold.
Based on aggregated 13F filings for Q4 2016.