DIREXIONS&P 500 VOLATILITY RESPONSE SHARES
VSPY
VSPY was delisted on the 7th of October, 2016.
7 hedge funds and large institutions have $14.8M invested in DIREXIONS&P 500 VOLATILITY RESPONSE SHARES in 2014 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 2 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
13% less funds holding
Funds holding: 8 → 7 (-1)
41% less capital invested
Capital invested by funds: $25.3M → $14.8M (-$10.5M)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.07M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.37M |
| 3 |
Parallax Volatility Advisers
San Francisco,
California
|
+$59 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$14.2M |
| 2 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$651K |
| 3 |
NFG
Next Financial Group
Houston,
Texas
|
-$77K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$11.9K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Bank of America
Charlotte,
North Carolina
| $9.9M | +$1.37M | +23,033 | +16% |
|
|
2
Morgan Stanley
New York
| $3.1M | +$3.07M | +51,776 | +18,295% |
|
|
3
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $1.73M | -$651K | -10,967 | -27% |
|
4
BNP Paribas Financial Markets
Paris,
France
| $59.5K | – | – | – |
|
|
5
Wells Fargo
San Francisco,
California
| $36K | -$11.9K | -200 | -25% |
|
|
LTFS
6
Ladenburg Thalmann Financial Services
Miami,
Florida
| $6K | – | – | – |
|
|
7
Citigroup
New York
| – | -$14.2M | -238,900 | Closed |
|
|
NFG
8
Next Financial Group
Houston,
Texas
| – | -$77K | -1,300 | Closed |
|
|
9
Parallax Volatility Advisers
San Francisco,
California
| – | +$59 | +1 | New |
|
VSPY Hedge Fund Activity: Q4 2014 in Review
7 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in DIREXIONS&P 500 VOLATILITY RESPONSE SHARES (VSPY) for Q4 2014, worth a combined $14.8M — down 41% from $25.3M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of VSPY and 1 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 2 added.
The largest buyer was Morgan Stanley, adding an estimated $3.07M. The largest seller was Citigroup, exiting entirely with an estimated $14.2M sold.
- 7 institutional investors held DIREXIONS&P 500 VOLATILITY RESPONSE SHARES (VSPY) as of Q4 2014, down from 8 in Q3 2014.
- Funds reported $14.8M of DIREXIONS&P 500 VOLATILITY RESPONSE SHARES stock for Q4 2014, down 41% quarter-over-quarter.
- 1 fund opened new DIREXIONS&P 500 VOLATILITY RESPONSE SHARES positions in Q4 2014 and 2 closed out, a net change of -1 holder.
- The largest DIREXIONS&P 500 VOLATILITY RESPONSE SHARES buyer in Q4 2014 was Morgan Stanley, an estimated $3.07M added.
- The largest DIREXIONS&P 500 VOLATILITY RESPONSE SHARES seller in Q4 2014 was Citigroup, an estimated $14.2M sold.
Based on aggregated 13F filings for Q4 2014.