Direxion Daily Real Estate Bull 3X ETF
18 hedge funds and large institutions have $32.4M invested in Direxion Daily Real Estate Bull 3X ETF in 2013 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 2 increasing their positions, 8 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
238% more call options, than puts
Call options by funds: $18.3M | Put options by funds: $5.42M
29% more funds holding
Funds holding: 14 → 18 (+4)
57% less capital invested
Capital invested by funds: $75.2M → $32.4M (-$42.9M)
75% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 8
108.66% less ownership
Funds ownership: 204.95% → 96.29% (-109%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SAM
Securian Asset Management
St Paul,
Minnesota
|
+$2.1M |
| 2 |
AWCI
Alpine Woods Capital Investors
Purchase,
New York
|
+$854K |
| 3 |
JP Morgan Chase
New York
|
+$850K |
| 4 |
VF
Virtu Financial
New York
|
+$546K |
| 5 |
CAM
CMT Asset Management
Chicago,
Illinois
|
+$353K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$25.6M |
| 2 |
Goldman Sachs
New York
|
-$9.48M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$977K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$392K |
DRN Hedge Fund Activity: Q3 2013 in Review
18 of the 3,096 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Real Estate Bull 3X ETF (DRN) for Q3 2013, worth a combined $32.4M — down 57% from $75.2M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new DRN positions and 1 closed out — a net gain of 4 holders — while 2 added to existing stakes and 8 trimmed.
The largest buyer was Securian Asset Management, opening a new position worth an estimated $2.1M. The largest seller was Deutsche Bank, cutting an estimated $25.6M.
- 18 institutional investors held Direxion Daily Real Estate Bull 3X ETF (DRN) as of Q3 2013, up from 14 in Q2 2013.
- Funds reported $32.4M of Direxion Daily Real Estate Bull 3X ETF stock for Q3 2013, down 57% quarter-over-quarter.
- 5 funds opened new Direxion Daily Real Estate Bull 3X ETF positions in Q3 2013 and 1 closed out, a net change of +4 holders.
- The largest Direxion Daily Real Estate Bull 3X ETF buyer in Q3 2013 was Securian Asset Management, an estimated $2.1M added.
- The largest Direxion Daily Real Estate Bull 3X ETF seller in Q3 2013 was Deutsche Bank, an estimated $25.6M sold.
Based on aggregated 13F filings for Q3 2013.