Direxion Daily Real Estate Bull 3X ETF
18 hedge funds and large institutions have $26.5M invested in Direxion Daily Real Estate Bull 3X ETF in 2014 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 2 increasing their positions, 9 reducing their positions, and 5 closing their positions.
20.62% more ownership
Funds ownership: 78.9% → 99.52% (+21%)
19% more call options, than puts
Call options by funds: $7.01M | Put options by funds: $5.91M
8% more capital invested
Capital invested by funds: $24.6M → $26.5M (+$1.85M)
5% less funds holding
Funds holding: 19 → 18 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
78% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPSAC
Chas P. Smith & Associates (CPS)
Lakeland,
Florida
|
+$2.39M |
| 2 |
Goldman Sachs
New York
|
+$809K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$79.7K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$60.9K |
| 5 |
PFG
Piershale Financial Group
Barrington,
Illinois
|
+$2.69K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.99M |
| 2 |
VF
Virtu Financial
New York
|
-$1.16M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.01M |
| 4 |
Barclays
London,
United Kingdom
|
-$822K |
| 5 |
OAM
Orinda Asset Management
Lafayette,
California
|
-$731K |
DRN Hedge Fund Activity: Q1 2014 in Review
18 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Real Estate Bull 3X ETF (DRN) for Q1 2014, worth a combined $26.5M — up 7.5% from $24.6M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of DRN and 4 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 2 added.
The largest buyer was Chas P. Smith & Associates (CPS), opening a new position worth an estimated $2.39M. The largest seller was Credit Suisse, cutting an estimated $3.99M.
- 18 institutional investors held Direxion Daily Real Estate Bull 3X ETF (DRN) as of Q1 2014, down from 19 in Q4 2013.
- Funds reported $26.5M of Direxion Daily Real Estate Bull 3X ETF stock for Q1 2014, up 7.5% quarter-over-quarter.
- 4 funds opened new Direxion Daily Real Estate Bull 3X ETF positions in Q1 2014 and 5 closed out, a net change of -1 holder.
- The largest Direxion Daily Real Estate Bull 3X ETF buyer in Q1 2014 was Chas P. Smith & Associates (CPS), an estimated $2.39M added.
- The largest Direxion Daily Real Estate Bull 3X ETF seller in Q1 2014 was Credit Suisse, an estimated $3.99M sold.
Based on aggregated 13F filings for Q1 2014.