Direxion Daily Aerospace & Defense Bull 3X ETF
DFEN
24 hedge funds and large institutions have $15M invested in Direxion Daily Aerospace & Defense Bull 3X ETF in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 5 reducing their positions, and 6 closing their positions.
62% more call options, than puts
Call options by funds: $6.36M | Put options by funds: $3.93M
60% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 5
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
4% more funds holding
Funds holding: 23 → 24 (+1)
0.86% less ownership
Funds ownership: 8.96% → 8.1% (-0.86%)
15% less capital invested
Capital invested by funds: $17.7M → $15M (-$2.62M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$640K |
| 2 |
Simplex Trading
Chicago,
Illinois
|
+$326K |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$314K |
| 4 |
Jane Street
New York
|
+$281K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$161K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$4.22M |
| 2 |
HI
Hoey Investments
Coatesville,
Pennsylvania
|
-$616K |
| 3 |
CG
Cutler Group
San Francisco,
California
|
-$227K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$217K |
| 5 |
CT
Colonial Trust
Spartanburg,
South Carolina
|
-$20K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CG
26
Cutler Group
San Francisco,
California
| – | -$227K | -11,064 | Closed |
|
|
CT
27
Colonial Trust
Spartanburg,
South Carolina
| – | -$20K | -1,006 | Closed |
|
|
CAS
28
Coppell Advisory Solutions
Coppell,
Texas
| – | -$9.18K | -461 | Closed |
|
|
CASC
29
Coppell Advisory Solutions Corp
Coppell,
Texas
| – | -$9.18K | -461 | Closed |
|
30
Bank of America
Charlotte,
North Carolina
| – | -$5.32K | -267 | Closed |
|
|
QT
31
Quantbot Technologies
New York
| – | -$40 | -2 | Closed |
|
DFEN Hedge Fund Activity: Q1 2023 in Review
24 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Aerospace & Defense Bull 3X ETF (DFEN) for Q1 2023, worth a combined $15M — down 15% from $17.7M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DFEN positions and 6 closed out — a net gain of 1 holder — while 8 added to existing stakes and 5 trimmed.
The largest buyer was HRT Financial, adding an estimated $640K. The largest seller was Citadel Advisors, cutting an estimated $4.22M.
- 24 institutional investors held Direxion Daily Aerospace & Defense Bull 3X ETF (DFEN) as of Q1 2023, up from 23 in Q4 2022.
- Funds reported $15M of Direxion Daily Aerospace & Defense Bull 3X ETF stock for Q1 2023, down 15% quarter-over-quarter.
- 7 funds opened new Direxion Daily Aerospace & Defense Bull 3X ETF positions in Q1 2023 and 6 closed out, a net change of +1 holder.
- The largest Direxion Daily Aerospace & Defense Bull 3X ETF buyer in Q1 2023 was HRT Financial, an estimated $640K added.
- The largest Direxion Daily Aerospace & Defense Bull 3X ETF seller in Q1 2023 was Citadel Advisors, an estimated $4.22M sold.
Based on aggregated 13F filings for Q1 2023.