Direxion MSCI Developed Over Emerging Markets ETF
RWDE
RWDE was delisted on the 25th of September, 2020.
4 hedge funds and large institutions have $7.05M invested in Direxion MSCI Developed Over Emerging Markets ETF in 2020 Q1 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 2 closing their positions.
20% less funds holding
Funds holding: 5 → 4 (-1)
33% less capital invested
Capital invested by funds: $10.5M → $7.05M (-$3.44M)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$2.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.9M |
| 2 |
Jane Street
New York
|
-$1.05M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$195K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Citigroup
New York
| $2.21M | – | – | – |
|
|
CS
2
Credit Suisse
Zurich,
Switzerland
| $2.21M | – | – | – |
|
|
3
JP Morgan Chase
New York
| $2.21M | +$2.64M | +49,993 | New |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $410K | -$195K | -3,690 | -29% |
|
|
5
Bank of America
Charlotte,
North Carolina
| – | -$2.9M | -50,000 | Closed |
|
|
6
Jane Street
New York
| – | -$1.05M | -18,214 | Closed |
|
RWDE Hedge Fund Activity: Q1 2020 in Review
4 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Direxion MSCI Developed Over Emerging Markets ETF (RWDE) for Q1 2020, worth a combined $7.05M — down 33% from $10.5M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of RWDE and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 0 added.
The largest buyer was JP Morgan Chase, opening a new position worth an estimated $2.64M. The largest seller was Bank of America, exiting entirely with an estimated $2.9M sold.
- 4 institutional investors held Direxion MSCI Developed Over Emerging Markets ETF (RWDE) as of Q1 2020, down from 5 in Q4 2019.
- Funds reported $7.05M of Direxion MSCI Developed Over Emerging Markets ETF stock for Q1 2020, down 33% quarter-over-quarter.
- 1 fund opened new Direxion MSCI Developed Over Emerging Markets ETF positions in Q1 2020 and 2 closed out, a net change of -1 holder.
- The largest Direxion MSCI Developed Over Emerging Markets ETF buyer in Q1 2020 was JP Morgan Chase, an estimated $2.64M added.
- The largest Direxion MSCI Developed Over Emerging Markets ETF seller in Q1 2020 was Bank of America, an estimated $2.9M sold.
Based on aggregated 13F filings for Q1 2020.