Direxion Daily Real Estate Bear 3X ETF
8 hedge funds and large institutions have $1.5M invested in Direxion Daily Real Estate Bear 3X ETF in 2018 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 3 reducing their positions, and 3 closing their positions.
153% more call options, than puts
Call options by funds: $2.46M | Put options by funds: $972K
0.07% less ownership
Funds ownership: 0.26% → 0.19% (-0.07%)
11% less funds holding
Funds holding: 9 → 8 (-1)
19% less capital invested
Capital invested by funds: $1.84M → $1.5M (-$344K)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
67% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$165K |
| 2 |
Simplex Trading
Chicago,
Illinois
|
+$55.2K |
| 3 |
CG
Cutler Group
San Francisco,
California
|
+$30.9K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$397K |
| 2 |
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
|
-$351K |
| 3 |
CLOS
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
|
-$38K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$30.2K |
| 5 |
Morgan Stanley
New York
|
-$19.1K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Citadel Advisors
Miami,
Florida
| $760K | +$165K | +251 | +27% |
|
2
Barclays
London,
United Kingdom
| $359K | – | – | – |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $260K | -$30.2K | -46 | -10% |
|
|
4
Simplex Trading
Chicago,
Illinois
| $54K | +$55.2K | +84 | New |
|
|
CG
5
Cutler Group
San Francisco,
California
| $30K | +$30.9K | +47 | New |
|
6
UBS Group
Zurich,
Switzerland
| $27K | -$13.1K | -20 | -33% |
|
|
7
Morgan Stanley
New York
| $10K | -$19.1K | -29 | -66% |
|
|
PWM
8
Perigon Wealth Management
San Francisco,
California
| $1K | – | – | – |
|
|
VF
9
Virtu Financial
New York
| – | -$397K | -757 | Closed |
|
|
10
Kayne Anderson Rudnick Investment Management
Los Angeles,
California
| – | -$351K | -671 | Closed |
|
|
CLOS
11
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| – | -$38K | -71 | Closed |
|
DRV Hedge Fund Activity: Q1 2018 in Review
8 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Real Estate Bear 3X ETF (DRV) for Q1 2018, worth a combined $1.5M — down 19% from $1.84M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of DRV and 2 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 1 added.
The largest buyer was Citadel Advisors, adding an estimated $165K. The largest seller was Virtu Financial, exiting entirely with an estimated $397K sold.
- 8 institutional investors held Direxion Daily Real Estate Bear 3X ETF (DRV) as of Q1 2018, down from 9 in Q4 2017.
- Funds reported $1.5M of Direxion Daily Real Estate Bear 3X ETF stock for Q1 2018, down 19% quarter-over-quarter.
- 2 funds opened new Direxion Daily Real Estate Bear 3X ETF positions in Q1 2018 and 3 closed out, a net change of -1 holder.
- The largest Direxion Daily Real Estate Bear 3X ETF buyer in Q1 2018 was Citadel Advisors, an estimated $165K added.
- The largest Direxion Daily Real Estate Bear 3X ETF seller in Q1 2018 was Virtu Financial, an estimated $397K sold.
Based on aggregated 13F filings for Q1 2018.