Direxion Zacks MLP High Income Index Shares
ZMLP
ZMLP was delisted on the 16th of October, 2020.
20 hedge funds and large institutions have $18.2M invested in Direxion Zacks MLP High Income Index Shares in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 3 reducing their positions, and 2 closing their positions.
200% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 2
133% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 3
27% more capital invested
Capital invested by funds: $14.3M → $18.2M (+$3.9M)
25% more funds holding
Funds holding: 16 → 20 (+4)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.68M |
| 2 |
CSIA
Charles Schwab Investment Advisory
San Francisco,
California
|
+$1.59M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.27M |
| 4 |
RT
Rockland Trust
Hanover,
Massachusetts
|
+$584K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$275K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SF
Symphony Financial
Houston,
Texas
|
-$506K |
| 2 |
BBWA
Bell & Brown Wealth Advisors
Newport Beach,
California
|
-$211K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$55.1K |
| 4 |
Morgan Stanley
New York
|
-$26.7K |
| 5 |
LPL Financial
San Diego,
California
|
-$8.88K |
ZMLP Hedge Fund Activity: Q3 2020 in Review
20 of the 4,970 institutional investors tracked by Wall St. Rank reported a position in Direxion Zacks MLP High Income Index Shares (ZMLP) for Q3 2020, worth a combined $18.2M — up 27% from $14.3M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new ZMLP positions and 2 closed out — a net gain of 4 holders — while 7 added to existing stakes and 3 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $1.68M. The largest seller was Symphony Financial, exiting entirely with an estimated $506K sold.
- 20 institutional investors held Direxion Zacks MLP High Income Index Shares (ZMLP) as of Q3 2020, up from 16 in Q2 2020.
- Funds reported $18.2M of Direxion Zacks MLP High Income Index Shares stock for Q3 2020, up 27% quarter-over-quarter.
- 6 funds opened new Direxion Zacks MLP High Income Index Shares positions in Q3 2020 and 2 closed out, a net change of +4 holders.
- The largest Direxion Zacks MLP High Income Index Shares buyer in Q3 2020 was Susquehanna International Group, an estimated $1.68M added.
- The largest Direxion Zacks MLP High Income Index Shares seller in Q3 2020 was Symphony Financial, an estimated $506K sold.
Based on aggregated 13F filings for Q3 2020.