Direxion Daily Real Estate Bull 3X ETF
19 hedge funds and large institutions have $1.82M invested in Direxion Daily Real Estate Bull 3X ETF in 2023 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 8 increasing their positions, 2 reducing their positions, and 7 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 2
129% more call options, than puts
Call options by funds: $2.03M | Put options by funds: $885K
3.09% less ownership
Funds ownership: 7.21% → 4.12% (-3.1%)
10% less funds holding
Funds holding: 21 → 19 (-2)
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
51% less capital invested
Capital invested by funds: $3.7M → $1.82M (-$1.88M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
EWA
EP Wealth Advisors
Torrance,
California
|
+$391K |
| 2 |
VF
Virtu Financial
New York
|
+$385K |
| 3 |
LFA
LifeGuide Financial Advisors
Mechanicsburg,
Pennsylvania
|
+$121K |
| 4 |
ICG
InterOcean Capital Group
Nashville,
Tennessee
|
+$107K |
| 5 |
Morgan Stanley
New York
|
+$15.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$701K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$453K |
| 3 |
HF
HRT Financial
New York
|
-$256K |
| 4 |
SG Americas Securities
New York
|
-$254K |
| 5 |
Jane Street
New York
|
-$236K |
DRN Hedge Fund Activity: Q3 2023 in Review
19 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Real Estate Bull 3X ETF (DRN) for Q3 2023, worth a combined $1.82M — down 51% from $3.7M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of DRN and 5 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 8 added.
The largest buyer was EP Wealth Advisors, opening a new position worth an estimated $391K. The largest seller was Citadel Advisors, cutting an estimated $701K.
- 19 institutional investors held Direxion Daily Real Estate Bull 3X ETF (DRN) as of Q3 2023, down from 21 in Q2 2023.
- Funds reported $1.82M of Direxion Daily Real Estate Bull 3X ETF stock for Q3 2023, down 51% quarter-over-quarter.
- 5 funds opened new Direxion Daily Real Estate Bull 3X ETF positions in Q3 2023 and 7 closed out, a net change of -2 holders.
- The largest Direxion Daily Real Estate Bull 3X ETF buyer in Q3 2023 was EP Wealth Advisors, an estimated $391K added.
- The largest Direxion Daily Real Estate Bull 3X ETF seller in Q3 2023 was Citadel Advisors, an estimated $701K sold.
Based on aggregated 13F filings for Q3 2023.