Direxion Daily Real Estate Bear 3X ETF
DRV
11 hedge funds and large institutions have $17.1M invested in Direxion Daily Real Estate Bear 3X ETF in 2014 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 3 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
1.94% less ownership
Funds ownership: 4.8% → 2.87% (-1.9%)
15% less funds holding
Funds holding: 13 → 11 (-2)
31% less capital invested
Capital invested by funds: $24.9M → $17.1M (-$7.8M)
96% less call options, than puts
Call options by funds: $1.47M | Put options by funds: $38M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.53M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$818K |
| 3 |
Goldman Sachs
New York
|
+$381K |
| 4 |
CT
CMT Trading
Chicago,
Illinois
|
+$369K |
| 5 |
Morgan Stanley
New York
|
+$36.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$1.48M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$590K |
| 3 |
Jane Street
New York
|
-$234K |
| 4 |
Creative Planning
Overland Park,
Kansas
|
-$80K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$6.12K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $7.5M | – | – | – |
|
2
Citigroup
New York
| $5.21M | +$6.12K | +4 | +0.1% |
|
|
CS
3
Credit Suisse
Zurich,
Switzerland
| $2.6M | +$1.53M | +1,000 | +100% |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $831K | +$818K | +535 | +514% |
|
|
5
Goldman Sachs
New York
| $324K | +$381K | +249 | New |
|
|
CT
6
CMT Trading
Chicago,
Illinois
| $314K | +$369K | +241 | New |
|
|
7
Citadel Advisors
Miami,
Florida
| $114K | -$6.12K | -4 | -4% |
|
|
TRCT
8
Tower Research Capital (TRC)
New York
| $83K | -$590K | -386 | -86% |
|
|
CLOS
9
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| $46K | – | – | – |
|
|
10
Morgan Stanley
New York
| $36K | +$36.7K | +24 | +600% |
|
11
Simplex Trading
Chicago,
Illinois
| $12K | +$13.8K | +9 | New |
|
|
VF
12
Virtu Financial
New York
| – | -$1.48M | -739 | Closed |
|
|
13
Jane Street
New York
| – | -$234K | -153 | Closed |
|
|
14
Creative Planning
Overland Park,
Kansas
| – | -$80K | -40 | Closed |
|
DRV Hedge Fund Activity: Q4 2014 in Review
11 of the 3,750 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Real Estate Bear 3X ETF (DRV) for Q4 2014, worth a combined $17.1M — down 31% from $24.9M a quarter earlier.
Fund positioning in DRV was balanced in Q4 2014: 3 funds opened new positions, 3 closed out, 4 added to existing stakes and 2 trimmed.
The largest buyer was Credit Suisse, adding an estimated $1.53M. The largest seller was Virtu Financial, exiting entirely with an estimated $1.48M sold.
- 11 institutional investors held Direxion Daily Real Estate Bear 3X ETF (DRV) as of Q4 2014, down from 13 in Q3 2014.
- Funds reported $17.1M of Direxion Daily Real Estate Bear 3X ETF stock for Q4 2014, down 31% quarter-over-quarter.
- 3 funds opened new Direxion Daily Real Estate Bear 3X ETF positions in Q4 2014 and 3 closed out, a net change of 0 holders.
- The largest Direxion Daily Real Estate Bear 3X ETF buyer in Q4 2014 was Credit Suisse, an estimated $1.53M added.
- The largest Direxion Daily Real Estate Bear 3X ETF seller in Q4 2014 was Virtu Financial, an estimated $1.48M sold.
Based on aggregated 13F filings for Q4 2014.