Direxion Daily FTSE China Bear 3X ETF
YANG
9 hedge funds and large institutions have $10.6M invested in Direxion Daily FTSE China Bear 3X ETF in 2019 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 5 closing their positions.
369% more call options, than puts
Call options by funds: $12.5M | Put options by funds: $2.66M
0.17% less ownership
Funds ownership: 0.87% → 0.71% (-0.17%)
18% less funds holding
Funds holding: 11 → 9 (-2)
23% less capital invested
Capital invested by funds: $13.7M → $10.6M (-$3.13M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KIP
Kayak Investment Partners
San Francisco,
California
|
+$1.87M |
| 2 |
Renaissance Technologies
New York
|
+$532K |
| 3 |
Morgan Stanley
New York
|
+$509K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$300K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.93M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
-$2.52M |
| 3 |
XS
XR Securities
Chicago,
Illinois
|
-$565K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$472K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$147K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HF
1
HRT Financial
New York
| $4.56M | -$21.5K | -22 | -0.4% |
|
|
2
Citadel Advisors
Miami,
Florida
| $2.94M | +$300K | +308 | +11% |
|
|
KIP
3
Kayak Investment Partners
San Francisco,
California
| $1.76M | +$1.87M | +1,920 | New |
|
|
4
Renaissance Technologies
New York
| $500K | +$532K | +545 | New |
|
|
5
Morgan Stanley
New York
| $479K | +$509K | +522 | New |
|
|
6
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $273K | -$147K | -151 | -34% |
|
7
UBS Group
Zurich,
Switzerland
| $46K | -$88.8K | -91 | -65% |
|
|
CG
8
Cutler Group
San Francisco,
California
| $27K | -$24.4K | -25 | -45% |
|
|
LTFS
9
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | – | – | – |
|
|
10
Jane Street
New York
| – | -$2.93M | -2,999 | Closed |
|
|
11
IMC Chicago
Chicago,
Illinois
| – | -$2.52M | -2,853 | Closed |
|
|
XS
12
XR Securities
Chicago,
Illinois
| – | -$565K | -641 | Closed |
|
|
13
Bank of America
Charlotte,
North Carolina
| – | -$472K | -536 | Closed |
|
|
TRCT
14
Tower Research Capital (TRC)
New York
| – | -$4K | -4 | Closed |
|
YANG Hedge Fund Activity: Q2 2019 in Review
9 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily FTSE China Bear 3X ETF (YANG) for Q2 2019, worth a combined $10.6M — down 23% from $13.7M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of YANG and 3 opened new positions — a net loss of 2 holders — while 4 trimmed existing stakes and 1 added.
The largest buyer was Kayak Investment Partners, opening a new position worth an estimated $1.87M. The largest seller was Jane Street, exiting entirely with an estimated $2.93M sold.
- 9 institutional investors held Direxion Daily FTSE China Bear 3X ETF (YANG) as of Q2 2019, down from 11 in Q1 2019.
- Funds reported $10.6M of Direxion Daily FTSE China Bear 3X ETF stock for Q2 2019, down 23% quarter-over-quarter.
- 3 funds opened new Direxion Daily FTSE China Bear 3X ETF positions in Q2 2019 and 5 closed out, a net change of -2 holders.
- The largest Direxion Daily FTSE China Bear 3X ETF buyer in Q2 2019 was Kayak Investment Partners, an estimated $1.87M added.
- The largest Direxion Daily FTSE China Bear 3X ETF seller in Q2 2019 was Jane Street, an estimated $2.93M sold.
Based on aggregated 13F filings for Q2 2019.