Direxion Zacks MLP High Income Index Shares
ZMLP
ZMLP was delisted on the 16th of October, 2020.
14 hedge funds and large institutions have $18.5M invested in Direxion Zacks MLP High Income Index Shares in 2016 Q4 according to their latest regulatory filings, with 0 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 4 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
3% less capital invested
Capital invested by funds: $19.1M → $18.5M (-$648K)
22% less funds holding
Funds holding: 18 → 14 (-4)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
+$210K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$105K |
| 3 |
LPL Financial
San Diego,
California
|
+$79.8K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$40.9K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$20K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$467K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$388K |
| 3 |
Morgan Stanley
New York
|
-$182K |
| 4 |
HFS
HL Financial Services
Louisville,
Kentucky
|
-$101K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$29.8K |
ZMLP Hedge Fund Activity: Q4 2016 in Review
14 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Direxion Zacks MLP High Income Index Shares (ZMLP) for Q4 2016, worth a combined $18.5M — down 3.4% from $19.1M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of ZMLP and 0 opened new positions — a net loss of 4 holders — while 4 trimmed existing stakes and 8 added.
The largest buyer was Zacks Investment Management, adding an estimated $210K. The largest seller was Jane Street, exiting entirely with an estimated $467K sold.
- 14 institutional investors held Direxion Zacks MLP High Income Index Shares (ZMLP) as of Q4 2016, down from 18 in Q3 2016.
- Funds reported $18.5M of Direxion Zacks MLP High Income Index Shares stock for Q4 2016, down 3.4% quarter-over-quarter.
- 0 funds opened new Direxion Zacks MLP High Income Index Shares positions in Q4 2016 and 4 closed out, a net change of -4 holders.
- The largest Direxion Zacks MLP High Income Index Shares buyer in Q4 2016 was Zacks Investment Management, an estimated $210K added.
- The largest Direxion Zacks MLP High Income Index Shares seller in Q4 2016 was Jane Street, an estimated $467K sold.
Based on aggregated 13F filings for Q4 2016.