Direxion Zacks MLP High Income Index Shares
ZMLP
ZMLP was delisted on the 16th of October, 2020.
11 hedge funds and large institutions have $16.4M invested in Direxion Zacks MLP High Income Index Shares in 2014 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
22% more funds holding
Funds holding: 9 → 11 (+2)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
36% less capital invested
Capital invested by funds: $25.4M → $16.4M (-$9.05M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$4.02M |
| 2 |
Morgan Stanley
New York
|
+$1.51M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$660K |
| 4 |
Jane Street
New York
|
+$577K |
| 5 |
MFS
MSI Financial Services
Springfield,
Massachusetts
|
+$260K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
-$11M |
| 2 |
LPL Financial
San Diego,
California
|
-$268K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$119K |
| 4 |
PTC
Private Trust Company
Cleveland,
Ohio
|
-$92K |
| 5 |
Ameriprise
Minneapolis,
Minnesota
|
-$47K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ZIM
1
Zacks Investment Management
Chicago,
Illinois
| $5.94M | -$11M | -36,056 | -62% |
|
|
2
Bank of America
Charlotte,
North Carolina
| $3.68M | +$4.02M | +13,175 | +1,877% |
|
|
3
LPL Financial
San Diego,
California
| $2.33M | -$268K | -878 | -9% |
|
|
4
Morgan Stanley
New York
| $2.17M | +$1.51M | +4,941 | +152% |
|
|
5
Jane Street
New York
| $1.29M | +$577K | +1,892 | +64% |
|
|
VKH
6
Virtu KCG Holdings
New York
| $573K | +$660K | +2,163 | New |
|
|
MFS
7
MSI Financial Services
Springfield,
Massachusetts
| $226K | +$260K | +851 | New |
|
8
UBS Group
Zurich,
Switzerland
| $81K | +$93.6K | +307 | New |
|
9
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $66K | +$76.2K | +250 | New |
|
|
10
Royal Bank of Canada
Toronto,
Ontario, Canada
| $39K | -$119K | -389 | -72% |
|
|
AIG
11
American International Group
New York
| $6.62K | -$19.2K | -63 | -72% |
|
|
PTC
12
Private Trust Company
Cleveland,
Ohio
| – | -$92K | -275 | Closed |
|
|
13
Ameriprise
Minneapolis,
Minnesota
| – | -$47K | -141 | Closed |
|
ZMLP Hedge Fund Activity: Q4 2014 in Review
11 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Direxion Zacks MLP High Income Index Shares (ZMLP) for Q4 2014, worth a combined $16.4M — down 36% from $25.4M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new ZMLP positions and 2 closed out — a net gain of 2 holders — while 3 added to existing stakes and 4 trimmed.
The largest buyer was Bank of America, adding an estimated $4.02M. The largest seller was Zacks Investment Management, cutting an estimated $11M.
- 11 institutional investors held Direxion Zacks MLP High Income Index Shares (ZMLP) as of Q4 2014, up from 9 in Q3 2014.
- Funds reported $16.4M of Direxion Zacks MLP High Income Index Shares stock for Q4 2014, down 36% quarter-over-quarter.
- 4 funds opened new Direxion Zacks MLP High Income Index Shares positions in Q4 2014 and 2 closed out, a net change of +2 holders.
- The largest Direxion Zacks MLP High Income Index Shares buyer in Q4 2014 was Bank of America, an estimated $4.02M added.
- The largest Direxion Zacks MLP High Income Index Shares seller in Q4 2014 was Zacks Investment Management, an estimated $11M sold.
Based on aggregated 13F filings for Q4 2014.