Direxion Daily Real Estate Bull 3X ETF
13 hedge funds and large institutions have $6.35M invested in Direxion Daily Real Estate Bull 3X ETF in 2015 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 7 reducing their positions, and 11 closing their positions.
9% less call options, than puts
Call options by funds: $8.36M | Put options by funds: $9.21M
41% less funds holding
Funds holding: 22 → 13 (-9)
79% less capital invested
Capital invested by funds: $30.7M → $6.35M (-$24.4M)
82% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 11
86% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 7
99.92% less ownership
Funds ownership: 119.82% → 19.9% (-100%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CT
CMT Trading
Chicago,
Illinois
|
+$617K |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$115K |
| 3 |
PFG
Piershale Financial Group
Barrington,
Illinois
|
+$899 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$7.89M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$4.5M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.23M |
| 4 |
OAM
Orinda Asset Management
Lafayette,
California
|
-$3.16M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2.25M |
DRN Hedge Fund Activity: Q1 2015 in Review
13 of the 3,770 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Real Estate Bull 3X ETF (DRN) for Q1 2015, worth a combined $6.35M — down 79% from $30.7M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of DRN and 2 opened new positions — a net loss of 9 holders — while 7 trimmed existing stakes and 1 added.
The largest buyer was CMT Trading, opening a new position worth an estimated $617K. The largest seller was Deutsche Bank, exiting entirely with an estimated $7.89M sold.
- 13 institutional investors held Direxion Daily Real Estate Bull 3X ETF (DRN) as of Q1 2015, down from 22 in Q4 2014.
- Funds reported $6.35M of Direxion Daily Real Estate Bull 3X ETF stock for Q1 2015, down 79% quarter-over-quarter.
- 2 funds opened new Direxion Daily Real Estate Bull 3X ETF positions in Q1 2015 and 11 closed out, a net change of -9 holders.
- The largest Direxion Daily Real Estate Bull 3X ETF buyer in Q1 2015 was CMT Trading, an estimated $617K added.
- The largest Direxion Daily Real Estate Bull 3X ETF seller in Q1 2015 was Deutsche Bank, an estimated $7.89M sold.
Based on aggregated 13F filings for Q1 2015.