Direxion Daily Aerospace & Defense Bull 3X ETF
DFEN
17 hedge funds and large institutions have $6.52M invested in Direxion Daily Aerospace & Defense Bull 3X ETF in 2023 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 8 closing their positions.
77% more call options, than puts
Call options by funds: $2.95M | Put options by funds: $1.67M
3.7% less ownership
Funds ownership: 8.59% → 4.89% (-3.7%)
26% less funds holding
Funds holding: 23 → 17 (-6)
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
55% less capital invested
Capital invested by funds: $14.5M → $6.52M (-$7.94M)
75% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JP Morgan Chase
New York
|
+$20.7K |
| 2 |
CG
Cutler Group
San Francisco,
California
|
+$3.84K |
| 3 |
CAS
Coppell Advisory Solutions
Coppell,
Texas
|
+$1.13K |
| 4 |
GC
GFG Capital
Miami,
Florida
|
+$76 |
| 5 |
Fidelity Investments
Boston,
Massachusetts
|
+$19 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$1.19M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.03M |
| 3 |
VF
Virtu Financial
New York
|
-$976K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$870K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$426K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
US Bancorp
Minneapolis,
Minnesota
| – | -$21 | -1 | Closed |
|
DFEN Hedge Fund Activity: Q3 2023 in Review
17 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Aerospace & Defense Bull 3X ETF (DFEN) for Q3 2023, worth a combined $6.52M — down 55% from $14.5M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of DFEN and 2 opened new positions — a net loss of 6 holders — while 6 trimmed existing stakes and 3 added.
The largest buyer was JP Morgan Chase, adding an estimated $20.7K. The largest seller was HRT Financial, exiting entirely with an estimated $1.19M sold.
- 17 institutional investors held Direxion Daily Aerospace & Defense Bull 3X ETF (DFEN) as of Q3 2023, down from 23 in Q2 2023.
- Funds reported $6.52M of Direxion Daily Aerospace & Defense Bull 3X ETF stock for Q3 2023, down 55% quarter-over-quarter.
- 2 funds opened new Direxion Daily Aerospace & Defense Bull 3X ETF positions in Q3 2023 and 8 closed out, a net change of -6 holders.
- The largest Direxion Daily Aerospace & Defense Bull 3X ETF buyer in Q3 2023 was JP Morgan Chase, an estimated $20.7K added.
- The largest Direxion Daily Aerospace & Defense Bull 3X ETF seller in Q3 2023 was HRT Financial, an estimated $1.19M sold.
Based on aggregated 13F filings for Q3 2023.