Direxion Zacks MLP High Income Index Shares
ZMLP
ZMLP was delisted on the 16th of October, 2020.
13 hedge funds and large institutions have $14.4M invested in Direxion Zacks MLP High Income Index Shares in 2018 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 2 reducing their positions, and 2 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 2
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
8% more funds holding
Funds holding: 12 → 13 (+1)
2% more capital invested
Capital invested by funds: $14.1M → $14.4M (+$269K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BBWA
Bell & Brown Wealth Advisors
Newport Beach,
California
|
+$890K |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$658K |
| 3 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
+$605K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$493K |
| 5 |
Morgan Stanley
New York
|
+$251K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HFS
HL Financial Services
Louisville,
Kentucky
|
-$623K |
| 2 |
LPL Financial
San Diego,
California
|
-$118K |
| 3 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$58K |
| 4 |
Wells Fargo
San Francisco,
California
|
-$19K |
ZMLP Hedge Fund Activity: Q1 2018 in Review
13 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Direxion Zacks MLP High Income Index Shares (ZMLP) for Q1 2018, worth a combined $14.4M — up 1.9% from $14.1M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new ZMLP positions and 2 closed out — a net gain of 1 holder — while 5 added to existing stakes and 2 trimmed.
The largest buyer was Bell & Brown Wealth Advisors, opening a new position worth an estimated $890K. The largest seller was HL Financial Services, exiting entirely with an estimated $623K sold.
- 13 institutional investors held Direxion Zacks MLP High Income Index Shares (ZMLP) as of Q1 2018, up from 12 in Q4 2017.
- Funds reported $14.4M of Direxion Zacks MLP High Income Index Shares stock for Q1 2018, up 1.9% quarter-over-quarter.
- 3 funds opened new Direxion Zacks MLP High Income Index Shares positions in Q1 2018 and 2 closed out, a net change of +1 holder.
- The largest Direxion Zacks MLP High Income Index Shares buyer in Q1 2018 was Bell & Brown Wealth Advisors, an estimated $890K added.
- The largest Direxion Zacks MLP High Income Index Shares seller in Q1 2018 was HL Financial Services, an estimated $623K sold.
Based on aggregated 13F filings for Q1 2018.