Direxion Daily Real Estate Bull 3X ETF
14 hedge funds and large institutions have $14.6M invested in Direxion Daily Real Estate Bull 3X ETF in 2016 Q4 according to their latest regulatory filings, with 1 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 4 closing their positions.
128% more call options, than puts
Call options by funds: $9.03M | Put options by funds: $3.96M
4.21% less ownership
Funds ownership: 21.86% → 17.65% (-4.2%)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
18% less funds holding
Funds holding: 17 → 14 (-3)
20% less capital invested
Capital invested by funds: $18.2M → $14.6M (-$3.69M)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$584K |
| 2 |
Goldman Sachs
New York
|
+$62.5K |
| 3 |
FANJ
Financial Architects (New Jersey)
Marlton,
New Jersey
|
+$17.9K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$17.4K |
| 5 |
AG
Advisor Group
Phoenix,
Arizona
|
+$2.76K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$646K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$468K |
| 3 |
Barclays
London,
United Kingdom
|
-$424K |
| 4 |
Morgan Stanley
New York
|
-$251K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$228K |
DRN Hedge Fund Activity: Q4 2016 in Review
14 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Real Estate Bull 3X ETF (DRN) for Q4 2016, worth a combined $14.6M — down 20% from $18.2M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of DRN and 1 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 5 added.
The largest buyer was Virtu Financial, adding an estimated $584K. The largest seller was Envestnet Asset Management, exiting entirely with an estimated $646K sold.
- 14 institutional investors held Direxion Daily Real Estate Bull 3X ETF (DRN) as of Q4 2016, down from 17 in Q3 2016.
- Funds reported $14.6M of Direxion Daily Real Estate Bull 3X ETF stock for Q4 2016, down 20% quarter-over-quarter.
- 1 fund opened new Direxion Daily Real Estate Bull 3X ETF positions in Q4 2016 and 4 closed out, a net change of -3 holders.
- The largest Direxion Daily Real Estate Bull 3X ETF buyer in Q4 2016 was Virtu Financial, an estimated $584K added.
- The largest Direxion Daily Real Estate Bull 3X ETF seller in Q4 2016 was Envestnet Asset Management, an estimated $646K sold.
Based on aggregated 13F filings for Q4 2016.