Direxion Russell 1000 Value Over Growth ETF
RWVG
RWVG was delisted on the 23rd of September, 2022.
7 hedge funds and large institutions have $19.4M invested in Direxion Russell 1000 Value Over Growth ETF in 2021 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 5 closing their positions.
16% less capital invested
Capital invested by funds: $23M → $19.4M (-$3.66M)
36% less funds holding
Funds holding: 11 → 7 (-4)
50% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 2
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Synergy Asset Management
Vancouver,
Washington
|
+$2.19M |
| 2 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$1.33M |
| 3 |
LPL Financial
San Diego,
California
|
+$482K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
-$8.23M |
| 2 |
Goldman Sachs
New York
|
-$889K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$758K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$591K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$14K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BCI
1
Brinker Capital Investments
Berwyn,
Pennsylvania
| $10M | +$1.33M | +25,000 | +17% |
|
|
2
Goldman Sachs
New York
| $4.98M | -$889K | -16,729 | -16% |
|
|
SAM
3
Synergy Asset Management
Vancouver,
Washington
| $2.36M | +$2.19M | +41,151 | New |
|
|
4
IMC Chicago
Chicago,
Illinois
| $858K | -$8.23M | -155,000 | -91% |
|
5
SG Americas Securities
New York
| $604K | – | – | – |
|
|
6
LPL Financial
San Diego,
California
| $521K | +$482K | +9,083 | New |
|
|
LWM
7
Liberty Wealth Management
Oakland,
California
| $7K | – | – | – |
|
|
CS
8
Credit Suisse
Zurich,
Switzerland
| – | -$758K | -15,434 | Closed |
|
|
9
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$591K | -12,029 | Closed |
|
|
10
Bank of America
Charlotte,
North Carolina
| – | -$14K | -279 | Closed |
|
11
UBS Group
Zurich,
Switzerland
| – | -$5K | -111 | Closed |
|
RWVG Hedge Fund Activity: Q1 2021 in Review
7 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Direxion Russell 1000 Value Over Growth ETF (RWVG) for Q1 2021, worth a combined $19.4M — down 16% from $23M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of RWVG and 2 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 1 added.
The largest buyer was Synergy Asset Management, opening a new position worth an estimated $2.19M. The largest seller was IMC Chicago, cutting an estimated $8.23M.
- 7 institutional investors held Direxion Russell 1000 Value Over Growth ETF (RWVG) as of Q1 2021, down from 11 in Q4 2020.
- Funds reported $19.4M of Direxion Russell 1000 Value Over Growth ETF stock for Q1 2021, down 16% quarter-over-quarter.
- 2 funds opened new Direxion Russell 1000 Value Over Growth ETF positions in Q1 2021 and 5 closed out, a net change of -3 holders.
- The largest Direxion Russell 1000 Value Over Growth ETF buyer in Q1 2021 was Synergy Asset Management, an estimated $2.19M added.
- The largest Direxion Russell 1000 Value Over Growth ETF seller in Q1 2021 was IMC Chicago, an estimated $8.23M sold.
Based on aggregated 13F filings for Q1 2021.