Horizon Kinetics’s Direxion Daily 20+ Year Treasury Bear 3X ETF TMV Stock Holding History

Horizon Kinetics’s Portfolio TMV Stock Details TMV Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2017 Q4	–	Sell	-29,472	Closed	-$1.41M	–	502
2017 Q3	$1.41M	Hold	29,472	–	–	0.04%	151
2017 Q2	$1.44M	Hold	29,472	–	–	0.05%	153
2017 Q1	$1.65M	Hold	29,472	–	–	0.05%	133
2016 Q4	$1.77M	Sell	29,472 -25,840	-47%	-$1.39M	0.06%	131
2016 Q3	$2.28M	Sell	55,312 -15,348	-22%	-$628K	0.06%	118
2016 Q2	$2.96M	Buy	70,660 +4,520	+7%	+$227K	0.07%	105
2016 Q1	$3.5M	Hold	66,140	–	–	0.09%	94
2015 Q4	$4.63M	Buy	+66,140	New	+$4.62M	0.1%	85

Other funds holding TMV

AIP

Almanack Investment Partners Wayne, Pennsylvania $785M AUM 34.37% 1-Year Est. Return

Virtu Financial New York $2.41B AUM 48.35% 1-Year Est. Return

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Jane Street New York $777B AUM 61.18% 1-Year Est. Return

Citigroup New York $235B AUM 32.99% 1-Year Est. Return

SG Americas Securities New York $92.9B AUM 36.98% 1-Year Est. Return

Oppenheimer & Co New York $8.21B AUM 28.81% 1-Year Est. Return

Exane Derivatives Paris, France $174M AUM 7.84% 1-Year Est. Return

Parallax Volatility Advisers San Francisco, California $38.6B AUM 45.89% 1-Year Est. Return

LFA

Legacy Financial Advisors Covington, Kentucky $715M AUM 22.34% 1-Year Est. Return

Horizon Kinetics's TMV Position: Q4 2017 in Review

Horizon Kinetics sold out of Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) in Q4 2017, closing a stake of 29,472 shares — an estimated $1.41M sold.

Horizon Kinetics first reported a position in TMV in Q4 2015 and held it in 8 quarters. The position peaked at $4.63M in Q4 2015. 24 funds tracked by Wall St. Rank hold TMV as of Q4 2017.

Horizon Kinetics reported no remaining Direxion Daily 20+ Year Treasury Bear 3X ETF position as of Q4 2017 after selling out during the quarter.
Horizon Kinetics sold 29,472 Direxion Daily 20+ Year Treasury Bear 3X ETF shares in Q4 2017, an estimated $1.41M.
Horizon Kinetics first reported a position in Direxion Daily 20+ Year Treasury Bear 3X ETF in Q4 2015 and held it in 8 quarters.
Horizon Kinetics's Direxion Daily 20+ Year Treasury Bear 3X ETF position peaked at $4.63M in Q4 2015.
24 funds tracked by Wall St. Rank held Direxion Daily 20+ Year Treasury Bear 3X ETF as of Q4 2017.

Based on Horizon Kinetics's 13F filing for Q4 2017, filed 14 Feb 2018.