Direxion Zacks MLP High Income Index Shares
ZMLP
ZMLP was delisted on the 16th of October, 2020.
15 hedge funds and large institutions have $14.6M invested in Direxion Zacks MLP High Income Index Shares in 2019 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 7 increasing their positions, 5 reducing their positions, and 7 closing their positions.
40% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 5
14% more capital invested
Capital invested by funds: $12.8M → $14.6M (+$1.75M)
25% less funds holding
Funds holding: 20 → 15 (-5)
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$3.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$477K |
| 3 |
CST
Charles Schwab Trust
Henderson,
Nevada
|
+$388K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$183K |
| 5 |
LPL Financial
San Diego,
California
|
+$180K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
-$1.41M |
| 2 |
Jane Street
New York
|
-$450K |
| 3 |
Morgan Stanley
New York
|
-$361K |
| 4 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
-$318K |
| 5 |
PAG
Private Advisor Group
Morristown,
New Jersey
|
-$149K |
ZMLP Hedge Fund Activity: Q4 2019 in Review
15 of the 5,092 institutional investors tracked by Wall St. Rank reported a position in Direxion Zacks MLP High Income Index Shares (ZMLP) for Q4 2019, worth a combined $14.6M — up 14% from $12.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of ZMLP and 2 opened new positions — a net loss of 5 holders — while 5 trimmed existing stakes and 7 added.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $3.6M. The largest seller was Zacks Investment Management, cutting an estimated $1.41M.
- 15 institutional investors held Direxion Zacks MLP High Income Index Shares (ZMLP) as of Q4 2019, down from 20 in Q3 2019.
- Funds reported $14.6M of Direxion Zacks MLP High Income Index Shares stock for Q4 2019, up 14% quarter-over-quarter.
- 2 funds opened new Direxion Zacks MLP High Income Index Shares positions in Q4 2019 and 7 closed out, a net change of -5 holders.
- The largest Direxion Zacks MLP High Income Index Shares buyer in Q4 2019 was Charles Schwab Investment Advisory, an estimated $3.6M added.
- The largest Direxion Zacks MLP High Income Index Shares seller in Q4 2019 was Zacks Investment Management, an estimated $1.41M sold.
Based on aggregated 13F filings for Q4 2019.