Direxion Zacks MLP High Income Index Shares
ZMLP
ZMLP was delisted on the 16th of October, 2020.
8 hedge funds and large institutions have $12.7M invested in Direxion Zacks MLP High Income Index Shares in 2014 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 2 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
0% less capital invested
Capital invested by funds: $12.7M → $12.7M (-$18.5K)
11% less funds holding
Funds holding: 9 → 8 (-1)
50% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
+$3M |
| 2 |
LPL Financial
San Diego,
California
|
+$1.91M |
| 3 |
Jane Street
New York
|
+$1.35M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$803K |
| 5 |
PTC
Private Trust Company
Cleveland,
Ohio
|
+$37.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$7.19M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$415K |
| 3 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
-$6.66K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ZIM
1
Zacks Investment Management
Chicago,
Illinois
| $7.46M | +$3M | +9,012 | +70% |
|
|
2
LPL Financial
San Diego,
California
| $2.58M | +$1.91M | +5,724 | +306% |
|
|
3
Jane Street
New York
| $1.39M | +$1.35M | +4,068 | New |
|
|
4
Royal Bank of Canada
Toronto,
Ontario, Canada
| $868K | +$803K | +2,412 | +1,748% |
|
|
ACM
5
Avalon Capital Management
Port Of Redwood City,
California
| $288K | -$6.66K | -20 | -2% |
|
|
PTC
6
Private Trust Company
Cleveland,
Ohio
| $60K | +$37.3K | +112 | +178% |
|
7
Ameriprise
Minneapolis,
Minnesota
| $26K | – | – | – |
|
|
AIG
8
American International Group
New York
| $8.51K | – | – | – |
|
|
9
Bank of America
Charlotte,
North Carolina
| – | -$7.19M | -22,500 | Closed |
|
|
CS
10
Credit Suisse
Zurich,
Switzerland
| – | -$415K | -1,300 | Closed |
|
ZMLP Hedge Fund Activity: Q2 2014 in Review
8 of the 3,480 institutional investors tracked by Wall St. Rank reported a position in Direxion Zacks MLP High Income Index Shares (ZMLP) for Q2 2014, worth a combined $12.7M — down 0.15% from $12.7M a quarter earlier.
Sellers outnumbered buyers: 2 funds closed out of ZMLP and 1 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 4 added.
The largest buyer was Zacks Investment Management, adding an estimated $3M. The largest seller was Bank of America, exiting entirely with an estimated $7.19M sold.
- 8 institutional investors held Direxion Zacks MLP High Income Index Shares (ZMLP) as of Q2 2014, down from 9 in Q1 2014.
- Funds reported $12.7M of Direxion Zacks MLP High Income Index Shares stock for Q2 2014, down 0.15% quarter-over-quarter.
- 1 fund opened new Direxion Zacks MLP High Income Index Shares positions in Q2 2014 and 2 closed out, a net change of -1 holder.
- The largest Direxion Zacks MLP High Income Index Shares buyer in Q2 2014 was Zacks Investment Management, an estimated $3M added.
- The largest Direxion Zacks MLP High Income Index Shares seller in Q2 2014 was Bank of America, an estimated $7.19M sold.
Based on aggregated 13F filings for Q2 2014.