Direxion Daily Real Estate Bear 3X ETF
DRV
10 hedge funds and large institutions have $15.4M invested in Direxion Daily Real Estate Bear 3X ETF in 2014 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 2 closing their positions.
50% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 2
11% more funds holding
Funds holding: 9 → 10 (+1)
0.47% more ownership
Funds ownership: 2.68% → 3.15% (+0.47%)
14% less capital invested
Capital invested by funds: $17.9M → $15.4M (-$2.55M)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
91% less call options, than puts
Call options by funds: $1.32M | Put options by funds: $14.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
+$5.37M |
| 2 |
VF
Virtu Financial
New York
|
+$281K |
| 3 |
Goldman Sachs
New York
|
+$249K |
| 4 |
Morgan Stanley
New York
|
+$196K |
| 5 |
PG
PEAK6 Group
Chicago,
Illinois
|
+$80.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$2.68M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$590K |
| 3 |
CAM
CMT Asset Management
Chicago,
Illinois
|
-$327K |
| 4 |
U
UBS
Zurich,
Switzerland
|
-$10.7K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$6K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $6.6M | -$2.68M | -1,000 | -26% |
|
|
2
Citigroup
New York
| $4.7M | +$5.37M | +2,002 | New |
|
|
CS
3
Credit Suisse
Zurich,
Switzerland
| $2.35M | – | – | – |
|
|
VF
4
Virtu Financial
New York
| $743K | +$281K | +105 | +50% |
|
|
5
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $376K | -$590K | -220 | -58% |
|
|
6
Goldman Sachs
New York
| $218K | +$249K | +93 | New |
|
|
7
Morgan Stanley
New York
| $185K | +$196K | +73 | +1,217% |
|
|
CLOS
8
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| $88K | – | – | – |
|
|
PG
9
PEAK6 Group
Chicago,
Illinois
| $70K | +$80.4K | +30 | New |
|
|
U
10
UBS
Zurich,
Switzerland
| $45K | -$10.7K | -4 | -17% |
|
|
CAM
11
CMT Asset Management
Chicago,
Illinois
| – | -$327K | -101 | Closed |
|
|
TRCT
12
Tower Research Capital (TRC)
New York
| – | -$6K | -2 | Closed |
|
DRV Hedge Fund Activity: Q1 2014 in Review
10 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Real Estate Bear 3X ETF (DRV) for Q1 2014, worth a combined $15.4M — down 14% from $17.9M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new DRV positions and 2 closed out — a net gain of 1 holder — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Citigroup, opening a new position worth an estimated $5.37M. The largest seller was Deutsche Bank, cutting an estimated $2.68M.
- 10 institutional investors held Direxion Daily Real Estate Bear 3X ETF (DRV) as of Q1 2014, up from 9 in Q4 2013.
- Funds reported $15.4M of Direxion Daily Real Estate Bear 3X ETF stock for Q1 2014, down 14% quarter-over-quarter.
- 3 funds opened new Direxion Daily Real Estate Bear 3X ETF positions in Q1 2014 and 2 closed out, a net change of +1 holder.
- The largest Direxion Daily Real Estate Bear 3X ETF buyer in Q1 2014 was Citigroup, an estimated $5.37M added.
- The largest Direxion Daily Real Estate Bear 3X ETF seller in Q1 2014 was Deutsche Bank, an estimated $2.68M sold.
Based on aggregated 13F filings for Q1 2014.