DIREXIONS&P 500 VOLATILITY RESPONSE SHARES
VSPY
VSPY was delisted on the 7th of October, 2016.
8 hedge funds and large institutions have $4.4M invested in DIREXIONS&P 500 VOLATILITY RESPONSE SHARES in 2015 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 3 reducing their positions, and 3 closing their positions.
20% less funds holding
Funds holding: 10 → 8 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
74% less capital invested
Capital invested by funds: $16.8M → $4.4M (-$12.4M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
+$213K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$9.52M |
| 2 |
Jane Street
New York
|
-$1.68M |
| 3 |
Morgan Stanley
New York
|
-$677K |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$42K |
| 5 |
SSG
Summit Securities Group
New York
|
-$3K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Morgan Stanley
New York
| $4.02M | -$677K | -11,822 | -14% |
|
|
2
Envestnet Asset Management
Chicago,
Illinois
| $200K | +$213K | +3,726 | New |
|
|
3
Bank of America
Charlotte,
North Carolina
| $92K | -$9.52M | -166,239 | -99% |
|
4
BNP Paribas Financial Markets
Paris,
France
| $53.7K | – | – | – |
|
5
Wells Fargo
San Francisco,
California
| $27K | – | – | – |
|
|
6
Royal Bank of Canada
Toronto,
Ontario, Canada
| $8K | -$42K | -733 | -83% |
|
|
LTFS
7
Ladenburg Thalmann Financial Services
Miami,
Florida
| $5K | – | – | – |
|
|
8
Jane Street
New York
| – | -$1.68M | -28,629 | Closed |
|
|
SSG
9
Summit Securities Group
New York
| – | -$3K | -50 | Closed |
|
|
TRCT
10
Tower Research Capital (TRC)
New York
| – | -$1K | -18 | Closed |
|
VSPY Hedge Fund Activity: Q3 2015 in Review
8 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in DIREXIONS&P 500 VOLATILITY RESPONSE SHARES (VSPY) for Q3 2015, worth a combined $4.4M — down 74% from $16.8M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of VSPY and 1 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 0 added.
The largest buyer was Envestnet Asset Management, opening a new position worth an estimated $213K. The largest seller was Bank of America, cutting an estimated $9.52M.
- 8 institutional investors held DIREXIONS&P 500 VOLATILITY RESPONSE SHARES (VSPY) as of Q3 2015, down from 10 in Q2 2015.
- Funds reported $4.4M of DIREXIONS&P 500 VOLATILITY RESPONSE SHARES stock for Q3 2015, down 74% quarter-over-quarter.
- 1 fund opened new DIREXIONS&P 500 VOLATILITY RESPONSE SHARES positions in Q3 2015 and 3 closed out, a net change of -2 holders.
- The largest DIREXIONS&P 500 VOLATILITY RESPONSE SHARES buyer in Q3 2015 was Envestnet Asset Management, an estimated $213K added.
- The largest DIREXIONS&P 500 VOLATILITY RESPONSE SHARES seller in Q3 2015 was Bank of America, an estimated $9.52M sold.
Based on aggregated 13F filings for Q3 2015.