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Direxion Daily Real Estate Bull 3X ETF

15 hedge funds and large institutions have $11.4M invested in Direxion Daily Real Estate Bull 3X ETF in 2017 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 2 closing their positions.

New
Increased
Maintained
Reduced
Closed

113% more call options, than puts

Call options by funds: $1.13M | Put options by funds: $529K

50% more first-time investments, than exits

New positions opened: 3 | Existing positions closed: 2

7% more funds holding

Funds holding: 1415 (+1)

1.88% less ownership

Funds ownership: 17.65%15.77% (-1.9%)

22% less capital invested

Capital invested by funds: $14.6M → $11.4M (-$3.16M)

57% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 7

Holders
15
Holders Change
+1
Holders Change %
+7.14%
% of All Funds
0.37%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
3
Increased
3
Reduced
7
Closed
2
Calls
$1.13M
Puts
$529K
Net Calls
+$597K
Net Calls Change
-$4.46M
Name Holding Trade Value Shares
Change
Change in
Stake
Goldman Sachs
1
Goldman Sachs
New York
$8.64M -$3.44M -159,000 -28%
TRCT
2
Tower Research Capital (TRC)
New York
$1.02M +$647K +29,879 +173%
Susquehanna International Group
3
Susquehanna International Group
Pennsylvania
$825K +$828K +38,224 New
VF
4
Virtu Financial
New York
$345K -$1.17M -53,870 -77%
Citadel Advisors
5
Citadel Advisors
Florida
$216K -$99.4K -4,591 -31%
LTFS
6
Ladenburg Thalmann Financial Services
Florida
$92K -$11.2K -517 -11%
UBS Group
7
UBS Group
Switzerland
$81K +$61.9K +2,858 +326%
OAM
8
Orinda Asset Management
California
$60K +$60.6K +2,800 New
CG
9
Cutler Group
California
$46K +$43.3K +2,000 +1,250%
Morgan Stanley
10
Morgan Stanley
New York
$41K -$84.5K -3,900 -67%
AG
11
Advisor Group
Arizona
$23K -$1.41K -65 -6%
Wells Fargo
12
Wells Fargo
California
$13K +$13K +600 New
Bank of America
13
Bank of America
North Carolina
$5K
Simplex Trading
14
Simplex Trading
Illinois
$3K -$15.8K -728 -80%
FANJ
15
Financial Architects (New Jersey)
New Jersey
-$58K -2,700 Closed
Barclays
16
Barclays
United Kingdom
-$46.6K -2,150 Closed

DRN Hedge Fund Activity: Q1 2017 in Review

15 of the 4,017 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Real Estate Bull 3X ETF (DRN) for Q1 2017, worth a combined $11.4M — down 22% from $14.6M a quarter earlier.

Buyers outnumbered sellers: 3 funds opened new DRN positions and 2 closed out — a net gain of 1 holder — while 3 added to existing stakes and 7 trimmed.

The largest buyer was Susquehanna International Group, opening a new position worth an estimated $828K. The largest seller was Goldman Sachs, cutting an estimated $3.44M.

  • 15 institutional investors held Direxion Daily Real Estate Bull 3X ETF (DRN) as of Q1 2017, up from 14 in Q4 2016.
  • Funds reported $11.4M of Direxion Daily Real Estate Bull 3X ETF stock for Q1 2017, down 22% quarter-over-quarter.
  • 3 funds opened new Direxion Daily Real Estate Bull 3X ETF positions in Q1 2017 and 2 closed out, a net change of +1 holder.
  • The largest Direxion Daily Real Estate Bull 3X ETF buyer in Q1 2017 was Susquehanna International Group, an estimated $828K added.
  • The largest Direxion Daily Real Estate Bull 3X ETF seller in Q1 2017 was Goldman Sachs, an estimated $3.44M sold.

Based on aggregated 13F filings for Q1 2017.