Direxion Zacks MLP High Income Index Shares
ZMLP
ZMLP was delisted on the 16th of October, 2020.
16 hedge funds and large institutions have $15.2M invested in Direxion Zacks MLP High Income Index Shares in 2016 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 3 closing their positions.
24% more capital invested
Capital invested by funds: $12.3M → $15.2M (+$2.9M)
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
6% less funds holding
Funds holding: 17 → 16 (-1)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$1.54M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.09M |
| 3 |
Morgan Stanley
New York
|
+$280K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
+$10.8K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$6.55K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$1.09M |
| 2 |
Jane Street
New York
|
-$523K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$468K |
| 4 |
Ameriprise
Minneapolis,
Minnesota
|
-$217K |
| 5 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
-$161K |
ZMLP Hedge Fund Activity: Q2 2016 in Review
16 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Direxion Zacks MLP High Income Index Shares (ZMLP) for Q2 2016, worth a combined $15.2M — up 24% from $12.3M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of ZMLP and 2 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 5 added.
The largest buyer was Bank of America, adding an estimated $1.54M. The largest seller was LPL Financial, cutting an estimated $1.09M.
- 16 institutional investors held Direxion Zacks MLP High Income Index Shares (ZMLP) as of Q2 2016, down from 17 in Q1 2016.
- Funds reported $15.2M of Direxion Zacks MLP High Income Index Shares stock for Q2 2016, up 24% quarter-over-quarter.
- 2 funds opened new Direxion Zacks MLP High Income Index Shares positions in Q2 2016 and 3 closed out, a net change of -1 holder.
- The largest Direxion Zacks MLP High Income Index Shares buyer in Q2 2016 was Bank of America, an estimated $1.54M added.
- The largest Direxion Zacks MLP High Income Index Shares seller in Q2 2016 was LPL Financial, an estimated $1.09M sold.
Based on aggregated 13F filings for Q2 2016.