Direxion Daily Aerospace & Defense Bull 3X ETF
DFEN
23 hedge funds and large institutions have $14.5M invested in Direxion Daily Aerospace & Defense Bull 3X ETF in 2023 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 5 closing their positions.
141% more call options, than puts
Call options by funds: $5.78M | Put options by funds: $2.4M
0.49% more ownership
Funds ownership: 8.1% → 8.59% (+0.49%)
4% less capital invested
Capital invested by funds: $15M → $14.5M (-$579K)
4% less funds holding
Funds holding: 24 → 23 (-1)
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$241K |
| 2 |
Goldman Sachs
New York
|
+$215K |
| 3 |
HF
HRT Financial
New York
|
+$209K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$149K |
| 5 |
VF
Virtu Financial
New York
|
+$144K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$361K |
| 2 |
Simplex Trading
Chicago,
Illinois
|
-$343K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$303K |
| 4 |
Jane Street
New York
|
-$285K |
| 5 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
-$164K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Jane Street
New York
| – | -$285K | -13,662 | Closed |
|
|
BAAM
27
Baker Avenue Asset Management
San Francisco,
California
| – | -$68.1K | -3,262 | Closed |
|
|
BAM
28
Belpointe Asset Management
Reno,
Nevada
| – | -$23.8K | -1,138 | Closed |
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$1K | -71 | Closed |
|
DFEN Hedge Fund Activity: Q2 2023 in Review
23 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Aerospace & Defense Bull 3X ETF (DFEN) for Q2 2023, worth a combined $14.5M — down 3.9% from $15M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of DFEN and 4 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 6 added.
The largest buyer was SG Americas Securities, opening a new position worth an estimated $241K. The largest seller was Citadel Advisors, cutting an estimated $361K.
- 23 institutional investors held Direxion Daily Aerospace & Defense Bull 3X ETF (DFEN) as of Q2 2023, down from 24 in Q1 2023.
- Funds reported $14.5M of Direxion Daily Aerospace & Defense Bull 3X ETF stock for Q2 2023, down 3.9% quarter-over-quarter.
- 4 funds opened new Direxion Daily Aerospace & Defense Bull 3X ETF positions in Q2 2023 and 5 closed out, a net change of -1 holder.
- The largest Direxion Daily Aerospace & Defense Bull 3X ETF buyer in Q2 2023 was SG Americas Securities, an estimated $241K added.
- The largest Direxion Daily Aerospace & Defense Bull 3X ETF seller in Q2 2023 was Citadel Advisors, an estimated $361K sold.
Based on aggregated 13F filings for Q2 2023.