Direxion Daily Gold Miners Index Bear 1X Shares
MELT
MELT was delisted on the 25th of September, 2017.
3 hedge funds and large institutions have $738K invested in Direxion Daily Gold Miners Index Bear 1X Shares in 2017 Q1 according to their latest regulatory filings, with 3 funds opening new positions, increasing their positions, reducing their positions, and 1 closing their positions.
200% more funds holding
Funds holding: 1 → 3 (+2)
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
30% less capital invested
Capital invested by funds: $1.06M → $738K (-$322K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$368K |
| 2 |
SI
Sprott Inc
Toronto,
Ontario, Canada
|
+$338K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$27.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Jane Street
New York
| $370K | +$368K | +14,131 | New |
|
|
SI
2
Sprott Inc
Toronto,
Ontario, Canada
| $341K | +$338K | +13,000 | New |
|
|
3
UBS Group
Zurich,
Switzerland
| $27K | +$27.1K | +1,040 | New |
|
|
4
Bank of America
Charlotte,
North Carolina
| – | -$1.06M | -36,000 | Closed |
|
MELT Hedge Fund Activity: Q1 2017 in Review
3 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Gold Miners Index Bear 1X Shares (MELT) for Q1 2017, worth a combined $738K — down 30% from $1.06M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new MELT positions and 1 closed out — a net gain of 2 holders — while 0 added to existing stakes and 0 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $368K. The largest seller was Bank of America, exiting entirely with an estimated $1.06M sold.
- 3 institutional investors held Direxion Daily Gold Miners Index Bear 1X Shares (MELT) as of Q1 2017, up from 1 in Q4 2016.
- Funds reported $738K of Direxion Daily Gold Miners Index Bear 1X Shares stock for Q1 2017, down 30% quarter-over-quarter.
- 3 funds opened new Direxion Daily Gold Miners Index Bear 1X Shares positions in Q1 2017 and 1 closed out, a net change of +2 holders.
- The largest Direxion Daily Gold Miners Index Bear 1X Shares buyer in Q1 2017 was Jane Street, an estimated $368K added.
- The largest Direxion Daily Gold Miners Index Bear 1X Shares seller in Q1 2017 was Bank of America, an estimated $1.06M sold.
Based on aggregated 13F filings for Q1 2017.