Direxion Daily Real Estate Bear 3X ETF
DRV
19 hedge funds and large institutions have $16.2M invested in Direxion Daily Real Estate Bear 3X ETF in 2022 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 10 closing their positions.
204% more call options, than puts
Call options by funds: $18.9M | Put options by funds: $6.21M
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
4.2% less ownership
Funds ownership: 12.25% → 8.05% (-4.2%)
24% less funds holding
Funds holding: 25 → 19 (-6)
33% less capital invested
Capital invested by funds: $24.2M → $16.2M (-$7.99M)
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.74M |
| 2 |
VF
Virtu Financial
New York
|
+$1.08M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$708K |
| 4 |
Morgan Stanley
New York
|
+$220K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$201K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
-$3.85M |
| 2 |
HF
HRT Financial
New York
|
-$2.14M |
| 3 |
Renaissance Technologies
New York
|
-$600K |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$534K |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
-$480K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TSS
26
Two Sigma Securities
New York
| – | -$276K | -4,089 | Closed |
|
|
PH
27
Pinnacle Holdings
Tulsa,
Oklahoma
| – | -$26.4K | -391 | Closed |
|
28
JP Morgan Chase
New York
| – | -$9K | -129 | Closed |
|
|
MS
29
Mizuho Securities
Tokyo,
Japan
| – | -$1K | -8 | Closed |
|
DRV Hedge Fund Activity: Q4 2022 in Review
19 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Real Estate Bear 3X ETF (DRV) for Q4 2022, worth a combined $16.2M — down 33% from $24.2M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of DRV and 4 opened new positions — a net loss of 6 holders — while 4 trimmed existing stakes and 6 added.
The largest buyer was Jane Street, adding an estimated $2.74M. The largest seller was Avalon Capital Management, exiting entirely with an estimated $3.85M sold.
- 19 institutional investors held Direxion Daily Real Estate Bear 3X ETF (DRV) as of Q4 2022, down from 25 in Q3 2022.
- Funds reported $16.2M of Direxion Daily Real Estate Bear 3X ETF stock for Q4 2022, down 33% quarter-over-quarter.
- 4 funds opened new Direxion Daily Real Estate Bear 3X ETF positions in Q4 2022 and 10 closed out, a net change of -6 holders.
- The largest Direxion Daily Real Estate Bear 3X ETF buyer in Q4 2022 was Jane Street, an estimated $2.74M added.
- The largest Direxion Daily Real Estate Bear 3X ETF seller in Q4 2022 was Avalon Capital Management, an estimated $3.85M sold.
Based on aggregated 13F filings for Q4 2022.