Direxion Zacks MLP High Income Index Shares
ZMLP
ZMLP was delisted on the 16th of October, 2020.
14 hedge funds and large institutions have $20.7M invested in Direxion Zacks MLP High Income Index Shares in 2017 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 2 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
12% more capital invested
Capital invested by funds: $18.5M → $20.7M (+$2.21M)
0% more funds holding
Funds holding: 14 → 14 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.07M |
| 2 |
Morgan Stanley
New York
|
+$619K |
| 3 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
+$306K |
| 4 |
HFS
HL Financial Services
Louisville,
Kentucky
|
+$251K |
| 5 |
MIAN
Mariner Independent Advisor Network
Overland Park,
Kansas
|
+$213K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LPL Financial
San Diego,
California
|
-$111K |
| 2 |
Carson Wealth (CWM LLC)
Omaha,
Nebraska
|
-$52.2K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$26K |
| 4 |
FNBT
FineMark National Bank & Trust
Fort Myers,
Florida
|
-$19K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$1.39K |
ZMLP Hedge Fund Activity: Q1 2017 in Review
14 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Direxion Zacks MLP High Income Index Shares (ZMLP) for Q1 2017, worth a combined $20.7M — up 12% from $18.5M a quarter earlier.
Fund positioning in ZMLP was balanced in Q1 2017: 2 funds opened new positions, 2 closed out, 7 added to existing stakes and 4 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $1.07M. The largest seller was LPL Financial, cutting an estimated $111K.
- 14 institutional investors held Direxion Zacks MLP High Income Index Shares (ZMLP) as of Q1 2017, unchanged from Q4 2016.
- Funds reported $20.7M of Direxion Zacks MLP High Income Index Shares stock for Q1 2017, up 12% quarter-over-quarter.
- 2 funds opened new Direxion Zacks MLP High Income Index Shares positions in Q1 2017 and 2 closed out, a net change of 0 holders.
- The largest Direxion Zacks MLP High Income Index Shares buyer in Q1 2017 was Jane Street, an estimated $1.07M added.
- The largest Direxion Zacks MLP High Income Index Shares seller in Q1 2017 was LPL Financial, an estimated $111K sold.
Based on aggregated 13F filings for Q1 2017.