Direxion Zacks MLP High Income Index Shares
ZMLP
ZMLP was delisted on the 16th of October, 2020.
19 hedge funds and large institutions have $10.1M invested in Direxion Zacks MLP High Income Index Shares in 2020 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
27% more funds holding
Funds holding: 15 → 19 (+4)
31% less capital invested
Capital invested by funds: $14.6M → $10.1M (-$4.45M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$5.11M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$1.12M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.04M |
| 4 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
+$421K |
| 5 |
Jane Street
New York
|
+$405K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$476K |
| 2 |
Morgan Stanley
New York
|
-$454K |
| 3 |
BBWA
Bell & Brown Wealth Advisors
Newport Beach,
California
|
-$390K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$9.59K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.61K |
ZMLP Hedge Fund Activity: Q1 2020 in Review
19 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Direxion Zacks MLP High Income Index Shares (ZMLP) for Q1 2020, worth a combined $10.1M — down 31% from $14.6M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new ZMLP positions and 2 closed out — a net gain of 6 holders — while 7 added to existing stakes and 3 trimmed.
The largest buyer was Charles Schwab Investment Advisory, adding an estimated $5.11M. The largest seller was Citadel Advisors, exiting entirely with an estimated $476K sold.
- 19 institutional investors held Direxion Zacks MLP High Income Index Shares (ZMLP) as of Q1 2020, up from 15 in Q4 2019.
- Funds reported $10.1M of Direxion Zacks MLP High Income Index Shares stock for Q1 2020, down 31% quarter-over-quarter.
- 8 funds opened new Direxion Zacks MLP High Income Index Shares positions in Q1 2020 and 2 closed out, a net change of +6 holders.
- The largest Direxion Zacks MLP High Income Index Shares buyer in Q1 2020 was Charles Schwab Investment Advisory, an estimated $5.11M added.
- The largest Direxion Zacks MLP High Income Index Shares seller in Q1 2020 was Citadel Advisors, an estimated $476K sold.
Based on aggregated 13F filings for Q1 2020.