Direxion Daily Real Estate Bull 3X ETF
11 hedge funds and large institutions have $11.1M invested in Direxion Daily Real Estate Bull 3X ETF in 2017 Q3 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 5 closing their positions.
157% more call options, than puts
Call options by funds: $3.13M | Put options by funds: $1.22M
0.64% less ownership
Funds ownership: 17.09% → 16.44% (-0.64%)
3% less capital invested
Capital invested by funds: $11.4M → $11.1M (-$363K)
21% less funds holding
Funds holding: 14 → 11 (-3)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
+$1.52M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$115K |
| 3 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$6.91K |
| 4 |
Goldman Sachs
New York
|
+$987 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$537K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$454K |
| 3 |
Morgan Stanley
New York
|
-$301K |
| 4 |
VF
Virtu Financial
New York
|
-$292K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$286K |
DRN Hedge Fund Activity: Q3 2017 in Review
11 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Real Estate Bull 3X ETF (DRN) for Q3 2017, worth a combined $11.1M — down 3.2% from $11.4M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of DRN and 2 opened new positions — a net loss of 3 holders — while 5 trimmed existing stakes and 2 added.
The largest buyer was Avalon Capital Management, opening a new position worth an estimated $1.52M. The largest seller was Jane Street, exiting entirely with an estimated $537K sold.
- 11 institutional investors held Direxion Daily Real Estate Bull 3X ETF (DRN) as of Q3 2017, down from 14 in Q2 2017.
- Funds reported $11.1M of Direxion Daily Real Estate Bull 3X ETF stock for Q3 2017, down 3.2% quarter-over-quarter.
- 2 funds opened new Direxion Daily Real Estate Bull 3X ETF positions in Q3 2017 and 5 closed out, a net change of -3 holders.
- The largest Direxion Daily Real Estate Bull 3X ETF buyer in Q3 2017 was Avalon Capital Management, an estimated $1.52M added.
- The largest Direxion Daily Real Estate Bull 3X ETF seller in Q3 2017 was Jane Street, an estimated $537K sold.
Based on aggregated 13F filings for Q3 2017.