Direxion Daily FTSE Europe Bull 3x ETF
EURL
8 hedge funds and large institutions have $1.88M invested in Direxion Daily FTSE Europe Bull 3x ETF in 2023 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, 4 reducing their positions, and 4 closing their positions.
7.14% less ownership
Funds ownership: 16.73% → 9.59% (-7.1%)
27% less funds holding
Funds holding: 11 → 8 (-3)
61% less capital invested
Capital invested by funds: $4.89M → $1.88M (-$3.01M)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
75% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 4
100% less call options, than puts
Call options by funds: $0 | Put options by funds: $5K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
US Bancorp
Minneapolis,
Minnesota
|
+$53.7K |
| 2 |
LFA
LifeGuide Financial Advisors
Mechanicsburg,
Pennsylvania
|
+$10.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$945K |
| 2 |
VF
Virtu Financial
New York
|
-$744K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$479K |
| 4 |
Jane Street
New York
|
-$291K |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
-$82.2K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LFA
1
LifeGuide Financial Advisors
Mechanicsburg,
Pennsylvania
| $638K | +$10.4K | +491 | +1% |
|
|
2
Envestnet Asset Management
Chicago,
Illinois
| $477K | -$82.2K | -3,881 | -13% |
|
|
3
Jane Street
New York
| $391K | -$291K | -13,713 | -38% |
|
|
FTUS
4
Flow Traders U.S.
New York
| $204K | – | – | – |
|
5
UBS Group
Zurich,
Switzerland
| $66.7K | -$15.3K | -723 | -16% |
|
6
Osaic Holdings
Scottsdale,
Arizona
| $60.2K | -$1.14K | -54 | -2% |
|
|
7
US Bancorp
Minneapolis,
Minnesota
| $45.2K | +$53.7K | +2,536 | New |
|
|
TRCT
8
Tower Research Capital (TRC)
New York
| $54 | – | – | – |
|
|
9
Citadel Advisors
Miami,
Florida
| – | -$945K | -42,059 | Closed |
|
|
VF
10
Virtu Financial
New York
| – | -$744K | -33,110 | Closed |
|
|
11
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$479K | -21,294 | Closed |
|
|
CWM
12
CarsonAllaria Wealth Management
Glen Carbon,
Illinois
| – | -$4.53K | -201 | Closed |
|
EURL Hedge Fund Activity: Q3 2023 in Review
8 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily FTSE Europe Bull 3x ETF (EURL) for Q3 2023, worth a combined $1.88M — down 61% from $4.89M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of EURL and 1 opened new positions — a net loss of 3 holders — while 4 trimmed existing stakes and 1 added.
The largest buyer was US Bancorp, opening a new position worth an estimated $53.7K. The largest seller was Citadel Advisors, exiting entirely with an estimated $945K sold.
- 8 institutional investors held Direxion Daily FTSE Europe Bull 3x ETF (EURL) as of Q3 2023, down from 11 in Q2 2023.
- Funds reported $1.88M of Direxion Daily FTSE Europe Bull 3x ETF stock for Q3 2023, down 61% quarter-over-quarter.
- 1 fund opened new Direxion Daily FTSE Europe Bull 3x ETF positions in Q3 2023 and 4 closed out, a net change of -3 holders.
- The largest Direxion Daily FTSE Europe Bull 3x ETF buyer in Q3 2023 was US Bancorp, an estimated $53.7K added.
- The largest Direxion Daily FTSE Europe Bull 3x ETF seller in Q3 2023 was Citadel Advisors, an estimated $945K sold.
Based on aggregated 13F filings for Q3 2023.