Direxion HCM Tactical Enhanced US ETF
HCMT
22 hedge funds and large institutions have $230M invested in Direxion HCM Tactical Enhanced US ETF in 2023 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 1 closing their positions.
300% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 1
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
42% more capital invested
Capital invested by funds: $162M → $230M (+$68.4M)
16% more funds holding
Funds holding: 19 → 22 (+3)
0.21% more ownership
Funds ownership: 101.81% → 102.02% (+0.21%)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Howard Capital Management
Roswell,
Georgia
|
+$20.3M |
| 2 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$8.05M |
| 3 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
+$8.05M |
| 4 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$3.03M |
| 5 |
DIM
Delta Investment Management
San Francisco,
California
|
+$1.88M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IA
IFP Advisors
Tampa,
Florida
|
-$1.05M |
| 2 |
Goldman Sachs
New York
|
-$599K |
| 3 |
Osaic Holdings
Scottsdale,
Arizona
|
-$547K |
| 4 |
GS
GTS Securities
New York
|
-$381K |
| 5 |
CAN
Cetera Advisor Networks
El Segundo,
California
|
-$130K |
HCMT Hedge Fund Activity: Q4 2023 in Review
22 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Direxion HCM Tactical Enhanced US ETF (HCMT) for Q4 2023, worth a combined $230M — up 42% from $162M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new HCMT positions and 1 closed out — a net gain of 3 holders — while 11 added to existing stakes and 5 trimmed.
The largest buyer was Howard Capital Management, adding an estimated $20.3M. The largest seller was IFP Advisors, cutting an estimated $1.05M.
- 22 institutional investors held Direxion HCM Tactical Enhanced US ETF (HCMT) as of Q4 2023, up from 19 in Q3 2023.
- Funds reported $230M of Direxion HCM Tactical Enhanced US ETF stock for Q4 2023, up 42% quarter-over-quarter.
- 4 funds opened new Direxion HCM Tactical Enhanced US ETF positions in Q4 2023 and 1 closed out, a net change of +3 holders.
- The largest Direxion HCM Tactical Enhanced US ETF buyer in Q4 2023 was Howard Capital Management, an estimated $20.3M added.
- The largest Direxion HCM Tactical Enhanced US ETF seller in Q4 2023 was IFP Advisors, an estimated $1.05M sold.
Based on aggregated 13F filings for Q4 2023.