Direxion Daily Regional Banks Bull 3X ETF
DPST
34 hedge funds and large institutions have $12.5M invested in Direxion Daily Regional Banks Bull 3X ETF in 2023 Q1 according to their latest regulatory filings, with 18 funds opening new positions, 12 increasing their positions, 2 reducing their positions, and 10 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 2
80% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 10
31% more funds holding
Funds holding: 26 → 34 (+8)
0.42% less ownership
Funds ownership: 0.77% → 0.35% (-0.42%)
5% less capital invested
Capital invested by funds: $13.1M → $12.5M (-$679K)
40% less call options, than puts
Call options by funds: $5.98M | Put options by funds: $10M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Squarepoint
New York
|
+$8.81M |
| 2 |
Bank of America
Charlotte,
North Carolina
|
+$2.52M |
| 3 |
GC
GFG Capital
Miami,
Florida
|
+$2.25M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
+$2.15M |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
+$2.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Hodges Capital Management
Dallas,
Texas
|
-$5.41M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$782K |
| 3 |
HF
HRT Financial
New York
|
-$342K |
| 4 |
Barclays
London,
United Kingdom
|
-$90.2K |
| 5 |
QT
Quantbot Technologies
New York
|
-$44.8K |
DPST Hedge Fund Activity: Q1 2023 in Review
34 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Regional Banks Bull 3X ETF (DPST) for Q1 2023, worth a combined $12.5M — down 5.2% from $13.1M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new DPST positions and 10 closed out — a net gain of 8 holders — while 12 added to existing stakes and 2 trimmed.
The largest buyer was Squarepoint, opening a new position worth an estimated $8.81M. The largest seller was Hodges Capital Management, cutting an estimated $5.41M.
- 34 institutional investors held Direxion Daily Regional Banks Bull 3X ETF (DPST) as of Q1 2023, up from 26 in Q4 2022.
- Funds reported $12.5M of Direxion Daily Regional Banks Bull 3X ETF stock for Q1 2023, down 5.2% quarter-over-quarter.
- 18 funds opened new Direxion Daily Regional Banks Bull 3X ETF positions in Q1 2023 and 10 closed out, a net change of +8 holders.
- The largest Direxion Daily Regional Banks Bull 3X ETF buyer in Q1 2023 was Squarepoint, an estimated $8.81M added.
- The largest Direxion Daily Regional Banks Bull 3X ETF seller in Q1 2023 was Hodges Capital Management, an estimated $5.41M sold.
Based on aggregated 13F filings for Q1 2023.