Direxion Zacks MLP High Income Index Shares
ZMLP
ZMLP was delisted on the 16th of October, 2020.
14 hedge funds and large institutions have $18.1M invested in Direxion Zacks MLP High Income Index Shares in 2017 Q3 according to their latest regulatory filings, with 0 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 3 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
11% less capital invested
Capital invested by funds: $20.4M → $18.1M (-$2.26M)
18% less funds holding
Funds holding: 17 → 14 (-3)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$515K |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$110K |
| 3 |
Morgan Stanley
New York
|
+$97.8K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$96.9K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$20.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$861K |
| 2 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
-$763K |
| 3 |
FAAS
First Allied Advisory Services
San Diego,
California
|
-$414K |
| 4 |
TSS
Two Sigma Securities
New York
|
-$180K |
| 5 |
HFS
HL Financial Services
Louisville,
Kentucky
|
-$164K |
ZMLP Hedge Fund Activity: Q3 2017 in Review
14 of the 4,011 institutional investors tracked by Wall St. Rank reported a position in Direxion Zacks MLP High Income Index Shares (ZMLP) for Q3 2017, worth a combined $18.1M — down 11% from $20.4M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of ZMLP and 0 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 7 added.
The largest buyer was Bank of America, adding an estimated $515K. The largest seller was Jane Street, cutting an estimated $861K.
- 14 institutional investors held Direxion Zacks MLP High Income Index Shares (ZMLP) as of Q3 2017, down from 17 in Q2 2017.
- Funds reported $18.1M of Direxion Zacks MLP High Income Index Shares stock for Q3 2017, down 11% quarter-over-quarter.
- 0 funds opened new Direxion Zacks MLP High Income Index Shares positions in Q3 2017 and 3 closed out, a net change of -3 holders.
- The largest Direxion Zacks MLP High Income Index Shares buyer in Q3 2017 was Bank of America, an estimated $515K added.
- The largest Direxion Zacks MLP High Income Index Shares seller in Q3 2017 was Jane Street, an estimated $861K sold.
Based on aggregated 13F filings for Q3 2017.