Direxion Daily FTSE China Bear 3X ETF
YANG
11 hedge funds and large institutions have $3.2M invested in Direxion Daily FTSE China Bear 3X ETF in 2016 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 2 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
0% less ownership
Funds ownership: 0.03% → 0.03% (-0%)
8% less funds holding
Funds holding: 12 → 11 (-1)
25% less capital invested
Capital invested by funds: $4.26M → $3.2M (-$1.06M)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
92% less call options, than puts
Call options by funds: $1.84M | Put options by funds: $22.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$993K |
| 2 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
+$498K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$116K |
| 4 |
CG
Cutler Group
San Francisco,
California
|
+$36.5K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$26.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
-$830K |
| 2 |
Morgan Stanley
New York
|
-$279K |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$206K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
-$44K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.17M | +$993K | +299 | +277% |
|
|
CHAM
2
Clear Harbor Asset Management
Stamford,
Connecticut
| $430K | +$498K | +150 | New |
|
|
VKH
3
Virtu KCG Holdings
New York
| $313K | +$116K | +35 | +47% |
|
|
CG
4
Cutler Group
San Francisco,
California
| $279K | +$36.5K | +11 | +13% |
|
|
WAM
5
Wolverine Asset Management
Chicago,
Illinois
| $265K | -$206K | -62 | -40% |
|
6
BNP Paribas Financial Markets
Paris,
France
| $235K | – | – | – |
|
|
7
Simplex Trading
Chicago,
Illinois
| $187K | +$26.6K | +8 | +14% |
|
8
Bank of America
Charlotte,
North Carolina
| $176K | – | – | – |
|
9
Goldman Sachs
New York
| $93K | +$9.96K | +3 | +10% |
|
|
10
Morgan Stanley
New York
| $46K | -$279K | -84 | -84% |
|
|
WA
11
Winfield Associates
Cleveland,
Ohio
| $6K | – | – | – |
|
|
12
Wolverine Trading
Chicago,
Illinois
| – | -$830K | -250 | Closed |
|
|
13
Creative Planning
Overland Park,
Kansas
| – | -$44K | -11 | Closed |
|
YANG Hedge Fund Activity: Q3 2016 in Review
11 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily FTSE China Bear 3X ETF (YANG) for Q3 2016, worth a combined $3.2M — down 25% from $4.26M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of YANG and 1 opened new positions — a net loss of 1 holder — while 2 trimmed existing stakes and 5 added.
The largest buyer was Susquehanna International Group, adding an estimated $993K. The largest seller was Wolverine Trading, exiting entirely with an estimated $830K sold.
- 11 institutional investors held Direxion Daily FTSE China Bear 3X ETF (YANG) as of Q3 2016, down from 12 in Q2 2016.
- Funds reported $3.2M of Direxion Daily FTSE China Bear 3X ETF stock for Q3 2016, down 25% quarter-over-quarter.
- 1 fund opened new Direxion Daily FTSE China Bear 3X ETF positions in Q3 2016 and 2 closed out, a net change of -1 holder.
- The largest Direxion Daily FTSE China Bear 3X ETF buyer in Q3 2016 was Susquehanna International Group, an estimated $993K added.
- The largest Direxion Daily FTSE China Bear 3X ETF seller in Q3 2016 was Wolverine Trading, an estimated $830K sold.
Based on aggregated 13F filings for Q3 2016.