Direxion Zacks MLP High Income Index Shares
ZMLP
ZMLP was delisted on the 16th of October, 2020.
18 hedge funds and large institutions have $19.1M invested in Direxion Zacks MLP High Income Index Shares in 2016 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 0 closing their positions.
25% more capital invested
Capital invested by funds: $15.2M → $19.1M (+$3.88M)
13% more funds holding
Funds holding: 16 → 18 (+2)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$3.19M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.26M |
| 3 |
HFS
HL Financial Services
Louisville,
Kentucky
|
+$830K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$395K |
| 5 |
Jane Street
New York
|
+$206K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.2M |
| 2 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
-$671K |
| 3 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$34.6K |
| 4 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$8.27K |
| 5 |
IA
IFP Advisors
Tampa,
Florida
|
-$3.68K |
ZMLP Hedge Fund Activity: Q3 2016 in Review
18 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Direxion Zacks MLP High Income Index Shares (ZMLP) for Q3 2016, worth a combined $19.1M — up 25% from $15.2M a quarter earlier.
Buyers outnumbered sellers: 2 funds opened new ZMLP positions and 0 closed out — a net gain of 2 holders — while 6 added to existing stakes and 7 trimmed.
The largest buyer was Morgan Stanley, adding an estimated $3.19M. The largest seller was Royal Bank of Canada, cutting an estimated $1.2M.
- 18 institutional investors held Direxion Zacks MLP High Income Index Shares (ZMLP) as of Q3 2016, up from 16 in Q2 2016.
- Funds reported $19.1M of Direxion Zacks MLP High Income Index Shares stock for Q3 2016, up 25% quarter-over-quarter.
- 2 funds opened new Direxion Zacks MLP High Income Index Shares positions in Q3 2016 and 0 closed out, a net change of +2 holders.
- The largest Direxion Zacks MLP High Income Index Shares buyer in Q3 2016 was Morgan Stanley, an estimated $3.19M added.
- The largest Direxion Zacks MLP High Income Index Shares seller in Q3 2016 was Royal Bank of Canada, an estimated $1.2M sold.
Based on aggregated 13F filings for Q3 2016.