Direxion Zacks MLP High Income Index Shares
ZMLP
ZMLP was delisted on the 16th of October, 2020.
17 hedge funds and large institutions have $14M invested in Direxion Zacks MLP High Income Index Shares in 2019 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 4 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
19% more capital invested
Capital invested by funds: $11.7M → $14M (+$2.25M)
11% less funds holding
Funds holding: 19 → 17 (-2)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
+$665K |
| 2 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
+$567K |
| 3 |
LPL Financial
San Diego,
California
|
+$229K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$148K |
| 5 |
Morgan Stanley
New York
|
+$83.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$585K |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$211K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$127K |
| 4 |
BBWA
Bell & Brown Wealth Advisors
Newport Beach,
California
|
-$93.3K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$62.8K |
ZMLP Hedge Fund Activity: Q1 2019 in Review
17 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Direxion Zacks MLP High Income Index Shares (ZMLP) for Q1 2019, worth a combined $14M — up 19% from $11.7M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of ZMLP and 2 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 6 added.
The largest buyer was Avalon Capital Management, opening a new position worth an estimated $665K. The largest seller was Jane Street, exiting entirely with an estimated $585K sold.
- 17 institutional investors held Direxion Zacks MLP High Income Index Shares (ZMLP) as of Q1 2019, down from 19 in Q4 2018.
- Funds reported $14M of Direxion Zacks MLP High Income Index Shares stock for Q1 2019, up 19% quarter-over-quarter.
- 2 funds opened new Direxion Zacks MLP High Income Index Shares positions in Q1 2019 and 4 closed out, a net change of -2 holders.
- The largest Direxion Zacks MLP High Income Index Shares buyer in Q1 2019 was Avalon Capital Management, an estimated $665K added.
- The largest Direxion Zacks MLP High Income Index Shares seller in Q1 2019 was Jane Street, an estimated $585K sold.
Based on aggregated 13F filings for Q1 2019.