Direxion Daily Aerospace & Defense Bull 3X ETF
DFEN
8 hedge funds and large institutions have $3.46M invested in Direxion Daily Aerospace & Defense Bull 3X ETF in 2018 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 6 closing their positions.
69% more call options, than puts
Call options by funds: $1.51M | Put options by funds: $894K
3.18% less ownership
Funds ownership: 7.99% → 4.81% (-3.2%)
33% less funds holding
Funds holding: 12 → 8 (-4)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
41% less capital invested
Capital invested by funds: $5.83M → $3.46M (-$2.37M)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$512K |
| 2 |
BCM
Brasada Capital Management
Houston,
Texas
|
+$80.6K |
| 3 |
TPWA
TRUE Private Wealth Advisors
Salem,
Oregon
|
+$32.3K |
| 4 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
+$1.34K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
-$1.18M |
| 2 |
Jane Street
New York
|
-$1.13M |
| 3 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
-$569K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$428K |
| 5 |
VF
Virtu Financial
New York
|
-$376K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.47M | -$74.9K | -1,393 | -6% |
|
|
TRCT
2
Tower Research Capital (TRC)
New York
| $596K | +$512K | +9,526 | New |
|
|
TPWA
3
TRUE Private Wealth Advisors
Salem,
Oregon
| $405K | +$32.3K | +601 | +10% |
|
|
TCM
4
Traynor Capital Management
Malvern,
Pennsylvania
| $343K | +$1.34K | +25 | +0.5% |
|
|
5
Wolverine Trading
Chicago,
Illinois
| $333K | -$1.18M | -22,043 | -81% |
|
|
GI
6
Gradient Investments
Arden Hills,
Minnesota
| $173K | – | – | – |
|
|
BCM
7
Brasada Capital Management
Houston,
Texas
| $94K | +$80.6K | +1,500 | New |
|
|
8
Simplex Trading
Chicago,
Illinois
| $49K | -$428K | -7,956 | -91% |
|
|
9
Jane Street
New York
| – | -$1.13M | -25,421 | Closed |
|
|
AFP
10
Ausdal Financial Partners
Davenport,
Iowa
| – | -$569K | -12,796 | Closed |
|
|
VF
11
Virtu Financial
New York
| – | -$376K | -8,444 | Closed |
|
12
Bank of America
Charlotte,
North Carolina
| – | -$223K | -5,000 | Closed |
|
|
CG
13
Cutler Group
San Francisco,
California
| – | -$48.4K | -900 | Closed |
|
14
CIBC Private Wealth Group
Atlanta,
Georgia
| – | -$8K | -190 | Closed |
|
DFEN Hedge Fund Activity: Q3 2018 in Review
8 of the 4,375 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Aerospace & Defense Bull 3X ETF (DFEN) for Q3 2018, worth a combined $3.46M — down 41% from $5.83M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of DFEN and 2 opened new positions — a net loss of 4 holders — while 3 trimmed existing stakes and 2 added.
The largest buyer was Tower Research Capital (TRC), opening a new position worth an estimated $512K. The largest seller was Wolverine Trading, cutting an estimated $1.18M.
- 8 institutional investors held Direxion Daily Aerospace & Defense Bull 3X ETF (DFEN) as of Q3 2018, down from 12 in Q2 2018.
- Funds reported $3.46M of Direxion Daily Aerospace & Defense Bull 3X ETF stock for Q3 2018, down 41% quarter-over-quarter.
- 2 funds opened new Direxion Daily Aerospace & Defense Bull 3X ETF positions in Q3 2018 and 6 closed out, a net change of -4 holders.
- The largest Direxion Daily Aerospace & Defense Bull 3X ETF buyer in Q3 2018 was Tower Research Capital (TRC), an estimated $512K added.
- The largest Direxion Daily Aerospace & Defense Bull 3X ETF seller in Q3 2018 was Wolverine Trading, an estimated $1.18M sold.
Based on aggregated 13F filings for Q3 2018.