Direxion Daily Real Estate Bull 3X ETF
19 hedge funds and large institutions have $24.6M invested in Direxion Daily Real Estate Bull 3X ETF in 2013 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 4 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
16% more call options, than puts
Call options by funds: $6.64M | Put options by funds: $5.74M
6% more funds holding
Funds holding: 18 → 19 (+1)
17.39% less ownership
Funds ownership: 96.29% → 78.9% (-17%)
24% less capital invested
Capital invested by funds: $32.4M → $24.6M (-$7.74M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$1.16M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.07M |
| 3 |
OAM
Orinda Asset Management
Lafayette,
California
|
+$786K |
| 4 |
Barclays
London,
United Kingdom
|
+$747K |
| 5 |
Morgan Stanley
New York
|
+$294K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$4.07M |
| 2 |
Goldman Sachs
New York
|
-$3.14M |
| 3 |
SAM
Securian Asset Management
St Paul,
Minnesota
|
-$1.94M |
| 4 |
JP Morgan Chase
New York
|
-$787K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$491K |
DRN Hedge Fund Activity: Q4 2013 in Review
19 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Real Estate Bull 3X ETF (DRN) for Q4 2013, worth a combined $24.6M — down 24% from $32.4M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new DRN positions and 4 closed out — a net gain of 1 holder — while 8 added to existing stakes and 4 trimmed.
The largest buyer was Virtu Financial, adding an estimated $1.16M. The largest seller was Deutsche Bank, cutting an estimated $4.07M.
- 19 institutional investors held Direxion Daily Real Estate Bull 3X ETF (DRN) as of Q4 2013, up from 18 in Q3 2013.
- Funds reported $24.6M of Direxion Daily Real Estate Bull 3X ETF stock for Q4 2013, down 24% quarter-over-quarter.
- 5 funds opened new Direxion Daily Real Estate Bull 3X ETF positions in Q4 2013 and 4 closed out, a net change of +1 holder.
- The largest Direxion Daily Real Estate Bull 3X ETF buyer in Q4 2013 was Virtu Financial, an estimated $1.16M added.
- The largest Direxion Daily Real Estate Bull 3X ETF seller in Q4 2013 was Deutsche Bank, an estimated $4.07M sold.
Based on aggregated 13F filings for Q4 2013.