Direxion Daily Real Estate Bull 3X ETF
17 hedge funds and large institutions have $18.2M invested in Direxion Daily Real Estate Bull 3X ETF in 2016 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 1 increasing their positions, 8 reducing their positions, and 4 closing their positions.
94% more call options, than puts
Call options by funds: $30.8M | Put options by funds: $15.8M
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
13% more funds holding
Funds holding: 15 → 17 (+2)
23% less capital invested
Capital invested by funds: $23.6M → $18.2M (-$5.39M)
69.18% less ownership
Funds ownership: 91.04% → 21.86% (-69%)
88% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$1.06M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$382K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$106K |
| 4 |
IA
IFP Advisors
Tampa,
Florida
|
+$62.6K |
| 5 |
FANJ
Financial Architects (New Jersey)
Marlton,
New Jersey
|
+$47.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Barclays
London,
United Kingdom
|
-$2.31M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.44M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
-$792K |
| 4 |
Jane Street
New York
|
-$774K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$253K |
DRN Hedge Fund Activity: Q3 2016 in Review
17 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Real Estate Bull 3X ETF (DRN) for Q3 2016, worth a combined $18.2M — down 23% from $23.6M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new DRN positions and 4 closed out — a net gain of 2 holders — while 1 added to existing stakes and 8 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $1.06M. The largest seller was Barclays, cutting an estimated $2.31M.
- 17 institutional investors held Direxion Daily Real Estate Bull 3X ETF (DRN) as of Q3 2016, up from 15 in Q2 2016.
- Funds reported $18.2M of Direxion Daily Real Estate Bull 3X ETF stock for Q3 2016, down 23% quarter-over-quarter.
- 6 funds opened new Direxion Daily Real Estate Bull 3X ETF positions in Q3 2016 and 4 closed out, a net change of +2 holders.
- The largest Direxion Daily Real Estate Bull 3X ETF buyer in Q3 2016 was Virtu Financial, an estimated $1.06M added.
- The largest Direxion Daily Real Estate Bull 3X ETF seller in Q3 2016 was Barclays, an estimated $2.31M sold.
Based on aggregated 13F filings for Q3 2016.