Direxion Daily Real Estate Bear 3X ETF
DRV
12 hedge funds and large institutions have $21.8M invested in Direxion Daily Real Estate Bear 3X ETF in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 2 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
71% more funds holding
Funds holding: 7 → 12 (+5)
0.81% more ownership
Funds ownership: 1.84% → 2.65% (+0.81%)
44% less call options, than puts
Call options by funds: $4.89M | Put options by funds: $8.67M
70% less capital invested
Capital invested by funds: $71.7M → $21.8M (-$49.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.61M |
| 2 |
PG
PEAK6 Group
Chicago,
Illinois
|
+$1.12M |
| 3 |
Jane Street
New York
|
+$992K |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$802K |
| 5 |
CAM
CMT Asset Management
Chicago,
Illinois
|
+$481K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$50.9M |
| 2 |
Goldman Sachs
New York
|
-$4.89M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$702K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $12.5M | -$50.9M | -15,870 | -81% |
|
|
CS
2
Credit Suisse
Zurich,
Switzerland
| $3.28M | +$802K | +250 | +33% |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.91M | +$1.61M | +503 | +629% |
|
|
VF
4
Virtu Financial
New York
| $1.38M | +$234K | +73 | +21% |
|
|
5
Jane Street
New York
| $1.01M | +$992K | +309 | New |
|
|
PG
6
PEAK6 Group
Chicago,
Illinois
| $575K | +$1.12M | +350 | New |
|
|
CAM
7
CMT Asset Management
Chicago,
Illinois
| $492K | +$481K | +150 | New |
|
8
JP Morgan Chase
New York
| $393K | +$385K | +120 | New |
|
9
Barclays
London,
United Kingdom
| $275K | +$247K | +77 | +963% |
|
|
U
10
UBS
Zurich,
Switzerland
| $16K | +$16K | +5 | New |
|
|
MFS
11
MSI Financial Services
Springfield,
Massachusetts
| $4K | +$3.21K | +1 | New |
|
12
Citigroup
New York
| $3K | +$3.21K | +1 | New |
|
|
13
Goldman Sachs
New York
| – | -$4.89M | -1,543 | Closed |
|
|
TRCT
14
Tower Research Capital (TRC)
New York
| – | -$702K | -222 | Closed |
|
DRV Hedge Fund Activity: Q3 2013 in Review
12 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Real Estate Bear 3X ETF (DRV) for Q3 2013, worth a combined $21.8M — down 70% from $71.7M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new DRV positions and 2 closed out — a net gain of 5 holders — while 4 added to existing stakes and 1 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $1.61M. The largest seller was Deutsche Bank, cutting an estimated $50.9M.
- 12 institutional investors held Direxion Daily Real Estate Bear 3X ETF (DRV) as of Q3 2013, up from 7 in Q2 2013.
- Funds reported $21.8M of Direxion Daily Real Estate Bear 3X ETF stock for Q3 2013, down 70% quarter-over-quarter.
- 7 funds opened new Direxion Daily Real Estate Bear 3X ETF positions in Q3 2013 and 2 closed out, a net change of +5 holders.
- The largest Direxion Daily Real Estate Bear 3X ETF buyer in Q3 2013 was Susquehanna International Group, an estimated $1.61M added.
- The largest Direxion Daily Real Estate Bear 3X ETF seller in Q3 2013 was Deutsche Bank, an estimated $50.9M sold.
Based on aggregated 13F filings for Q3 2013.