Direxion Daily Real Estate Bear 3X ETF
DRV
9 hedge funds and large institutions have $17.9M invested in Direxion Daily Real Estate Bear 3X ETF in 2013 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 6 closing their positions.
0.03% more ownership
Funds ownership: 2.65% → 2.68% (+0.03%)
18% less capital invested
Capital invested by funds: $21.8M → $17.9M (-$3.91M)
25% less funds holding
Funds holding: 12 → 9 (-3)
50% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 6
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
72% less call options, than puts
Call options by funds: $6.29M | Put options by funds: $22.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
U
UBS
Zurich,
Switzerland
|
+$55.7K |
| 2 |
Morgan Stanley
New York
|
+$18.6K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$6.19K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PG
PEAK6 Group
Chicago,
Illinois
|
-$1.08M |
| 2 |
Jane Street
New York
|
-$957K |
| 3 |
VF
Virtu Financial
New York
|
-$650K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$629K |
| 5 |
JP Morgan Chase
New York
|
-$393K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $12.3M | – | – | – |
|
|
CS
2
Credit Suisse
Zurich,
Switzerland
| $3.22M | – | – | – |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.22M | -$629K | -203 | -35% |
|
|
VF
4
Virtu Financial
New York
| $678K | -$650K | -210 | -50% |
|
|
CAM
5
CMT Asset Management
Chicago,
Illinois
| $327K | -$152K | -49 | -33% |
|
|
CLOS
6
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| $121K | +$118K | +38 | New |
|
|
U
7
UBS
Zurich,
Switzerland
| $73K | +$55.7K | +18 | +360% |
|
|
8
Morgan Stanley
New York
| $19K | +$18.6K | +6 | New |
|
|
TRCT
9
Tower Research Capital (TRC)
New York
| $6K | +$6.19K | +2 | New |
|
|
PG
10
PEAK6 Group
Chicago,
Illinois
| – | -$1.08M | -350 | Closed |
|
|
11
Jane Street
New York
| – | -$957K | -309 | Closed |
|
|
12
JP Morgan Chase
New York
| – | -$393K | -120 | Closed |
|
13
Barclays
London,
United Kingdom
| – | -$263K | -85 | Closed |
|
14
Citigroup
New York
| – | -$3K | -1 | Closed |
|
|
MFS
15
MSI Financial Services
Springfield,
Massachusetts
| – | -$4K | -1 | Closed |
|
DRV Hedge Fund Activity: Q4 2013 in Review
9 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Real Estate Bear 3X ETF (DRV) for Q4 2013, worth a combined $17.9M — down 18% from $21.8M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of DRV and 3 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 1 added.
The largest buyer was UBS, adding an estimated $55.7K. The largest seller was PEAK6 Group, exiting entirely with an estimated $1.08M sold.
- 9 institutional investors held Direxion Daily Real Estate Bear 3X ETF (DRV) as of Q4 2013, down from 12 in Q3 2013.
- Funds reported $17.9M of Direxion Daily Real Estate Bear 3X ETF stock for Q4 2013, down 18% quarter-over-quarter.
- 3 funds opened new Direxion Daily Real Estate Bear 3X ETF positions in Q4 2013 and 6 closed out, a net change of -3 holders.
- The largest Direxion Daily Real Estate Bear 3X ETF buyer in Q4 2013 was UBS, an estimated $55.7K added.
- The largest Direxion Daily Real Estate Bear 3X ETF seller in Q4 2013 was PEAK6 Group, an estimated $1.08M sold.
Based on aggregated 13F filings for Q4 2013.