Direxion Zacks MLP High Income Index Shares
ZMLP
ZMLP was delisted on the 16th of October, 2020.
16 hedge funds and large institutions have $14.3M invested in Direxion Zacks MLP High Income Index Shares in 2020 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 6 closing their positions.
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
41% more capital invested
Capital invested by funds: $10.1M → $14.3M (+$4.19M)
16% less funds holding
Funds holding: 19 → 16 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$1.83M |
| 2 |
BBWA
Bell & Brown Wealth Advisors
Newport Beach,
California
|
+$200K |
| 3 |
LPL Financial
San Diego,
California
|
+$130K |
| 4 |
AWA
Arkadios Wealth Advisors
Atlanta,
Georgia
|
+$88.3K |
| 5 |
SF
Symphony Financial
Houston,
Texas
|
+$83.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
-$594K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$529K |
| 3 |
RT
Rockland Trust
Hanover,
Massachusetts
|
-$519K |
| 4 |
Goldman Sachs
New York
|
-$65K |
| 5 |
CST
Charles Schwab Trust
Henderson,
Nevada
|
-$52.9K |
ZMLP Hedge Fund Activity: Q2 2020 in Review
16 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Direxion Zacks MLP High Income Index Shares (ZMLP) for Q2 2020, worth a combined $14.3M — up 41% from $10.1M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of ZMLP and 3 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 8 added.
The largest buyer was Jane Street, adding an estimated $1.83M. The largest seller was Charles Schwab Investment Advisory, cutting an estimated $594K.
- 16 institutional investors held Direxion Zacks MLP High Income Index Shares (ZMLP) as of Q2 2020, down from 19 in Q1 2020.
- Funds reported $14.3M of Direxion Zacks MLP High Income Index Shares stock for Q2 2020, up 41% quarter-over-quarter.
- 3 funds opened new Direxion Zacks MLP High Income Index Shares positions in Q2 2020 and 6 closed out, a net change of -3 holders.
- The largest Direxion Zacks MLP High Income Index Shares buyer in Q2 2020 was Jane Street, an estimated $1.83M added.
- The largest Direxion Zacks MLP High Income Index Shares seller in Q2 2020 was Charles Schwab Investment Advisory, an estimated $594K sold.
Based on aggregated 13F filings for Q2 2020.