Direxion Daily Real Estate Bull 3X ETF
17 hedge funds and large institutions have $19.2M invested in Direxion Daily Real Estate Bull 3X ETF in 2014 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 9 reducing their positions, and 3 closing their positions.
16% more call options, than puts
Call options by funds: $4.83M | Put options by funds: $4.18M
6% less funds holding
Funds holding: 18 → 17 (-1)
19.58% less ownership
Funds ownership: 99.52% → 79.94% (-20%)
28% less capital invested
Capital invested by funds: $26.5M → $19.2M (-$7.29M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
78% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AP
Advisors Preferred
Rockville,
Maryland
|
+$394K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$97.1K |
| 3 |
Morgan Stanley
New York
|
+$21.8K |
| 4 |
Citigroup
New York
|
+$6.87K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$3.01M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$2.52M |
| 3 |
CPSAC
Chas P. Smith & Associates (CPS)
Lakeland,
Florida
|
-$2.22M |
| 4 |
VF
Virtu Financial
New York
|
-$1.23M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$740K |
DRN Hedge Fund Activity: Q2 2014 in Review
17 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Real Estate Bull 3X ETF (DRN) for Q2 2014, worth a combined $19.2M — down 28% from $26.5M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of DRN and 2 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 2 added.
The largest buyer was Advisors Preferred, opening a new position worth an estimated $394K. The largest seller was Goldman Sachs, cutting an estimated $3.01M.
- 17 institutional investors held Direxion Daily Real Estate Bull 3X ETF (DRN) as of Q2 2014, down from 18 in Q1 2014.
- Funds reported $19.2M of Direxion Daily Real Estate Bull 3X ETF stock for Q2 2014, down 28% quarter-over-quarter.
- 2 funds opened new Direxion Daily Real Estate Bull 3X ETF positions in Q2 2014 and 3 closed out, a net change of -1 holder.
- The largest Direxion Daily Real Estate Bull 3X ETF buyer in Q2 2014 was Advisors Preferred, an estimated $394K added.
- The largest Direxion Daily Real Estate Bull 3X ETF seller in Q2 2014 was Goldman Sachs, an estimated $3.01M sold.
Based on aggregated 13F filings for Q2 2014.