Direxion Zacks MLP High Income Index Shares
ZMLP
ZMLP was delisted on the 16th of October, 2020.
20 hedge funds and large institutions have $12.8M invested in Direxion Zacks MLP High Income Index Shares in 2019 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 3 closing their positions.
5% less funds holding
Funds holding: 21 → 20 (-1)
11% less capital invested
Capital invested by funds: $14.3M → $12.8M (-$1.53M)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RT
Rockland Trust
Hanover,
Massachusetts
|
+$226K |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$166K |
| 3 |
Jane Street
New York
|
+$141K |
| 4 |
AG
Advisor Group
Phoenix,
Arizona
|
+$26.1K |
| 5 |
Bessemer Group
Woodbridge,
New Jersey
|
+$25.1K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$353K |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$343K |
| 3 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
-$259K |
| 4 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$152K |
| 5 |
BBWA
Bell & Brown Wealth Advisors
Newport Beach,
California
|
-$75.5K |
ZMLP Hedge Fund Activity: Q3 2019 in Review
20 of the 4,574 institutional investors tracked by Wall St. Rank reported a position in Direxion Zacks MLP High Income Index Shares (ZMLP) for Q3 2019, worth a combined $12.8M — down 11% from $14.3M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of ZMLP and 2 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 6 added.
The largest buyer was Rockland Trust, adding an estimated $226K. The largest seller was Susquehanna International Group, exiting entirely with an estimated $353K sold.
- 20 institutional investors held Direxion Zacks MLP High Income Index Shares (ZMLP) as of Q3 2019, down from 21 in Q2 2019.
- Funds reported $12.8M of Direxion Zacks MLP High Income Index Shares stock for Q3 2019, down 11% quarter-over-quarter.
- 2 funds opened new Direxion Zacks MLP High Income Index Shares positions in Q3 2019 and 3 closed out, a net change of -1 holder.
- The largest Direxion Zacks MLP High Income Index Shares buyer in Q3 2019 was Rockland Trust, an estimated $226K added.
- The largest Direxion Zacks MLP High Income Index Shares seller in Q3 2019 was Susquehanna International Group, an estimated $353K sold.
Based on aggregated 13F filings for Q3 2019.