Direxion Zacks MLP High Income Index Shares
ZMLP
ZMLP was delisted on the 16th of October, 2020.
12 hedge funds and large institutions have $14.1M invested in Direxion Zacks MLP High Income Index Shares in 2017 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 4 increasing their positions, 5 reducing their positions, and 3 closing their positions.
14% less funds holding
Funds holding: 14 → 12 (-2)
20% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 5
22% less capital invested
Capital invested by funds: $18.1M → $14.1M (-$4.03M)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$146K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$83.5K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
+$67.7K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
+$258 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.16M |
| 2 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
-$843K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$836K |
| 4 |
Morgan Stanley
New York
|
-$780K |
| 5 |
LPL Financial
San Diego,
California
|
-$91.1K |
ZMLP Hedge Fund Activity: Q4 2017 in Review
12 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Direxion Zacks MLP High Income Index Shares (ZMLP) for Q4 2017, worth a combined $14.1M — down 22% from $18.1M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of ZMLP and 1 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 4 added.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $146K. The largest seller was Jane Street, exiting entirely with an estimated $1.16M sold.
- 12 institutional investors held Direxion Zacks MLP High Income Index Shares (ZMLP) as of Q4 2017, down from 14 in Q3 2017.
- Funds reported $14.1M of Direxion Zacks MLP High Income Index Shares stock for Q4 2017, down 22% quarter-over-quarter.
- 1 fund opened new Direxion Zacks MLP High Income Index Shares positions in Q4 2017 and 3 closed out, a net change of -2 holders.
- The largest Direxion Zacks MLP High Income Index Shares buyer in Q4 2017 was Charles Schwab Investment Advisory, an estimated $146K added.
- The largest Direxion Zacks MLP High Income Index Shares seller in Q4 2017 was Jane Street, an estimated $1.16M sold.
Based on aggregated 13F filings for Q4 2017.