Direxion HCM Tactical Enhanced US ETF
HCMT
23 hedge funds and large institutions have $269M invested in Direxion HCM Tactical Enhanced US ETF in 2024 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 2 closing their positions.
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
17% more capital invested
Capital invested by funds: $230M → $269M (+$38.8M)
5% more funds holding
Funds holding: 22 → 23 (+1)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8.38% less ownership
Funds ownership: 102.02% → 93.64% (-8.4%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HCM
Howard Capital Management
Roswell,
Georgia
|
+$6.9M |
| 2 |
BCI
Brinker Capital Investments
Berwyn,
Pennsylvania
|
+$4.66M |
| 3 |
OPS
Orion Portfolio Solutions
Omaha,
Nebraska
|
+$4.66M |
| 4 |
CI
CPR Investments
Rochester,
Michigan
|
+$3.36M |
| 5 |
DIM
Delta Investment Management
San Francisco,
California
|
+$1.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$15.1M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.4M |
| 3 |
Cetera Investment Advisers
Schaumburg,
Illinois
|
-$642K |
| 4 |
GS
GTS Securities
Miami,
Florida
|
-$581K |
| 5 |
CA
Cetera Advisors
Denver,
Colorado
|
-$442K |
HCMT Hedge Fund Activity: Q1 2024 in Review
23 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Direxion HCM Tactical Enhanced US ETF (HCMT) for Q1 2024, worth a combined $269M — up 17% from $230M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new HCMT positions and 2 closed out — a net gain of 2 holders — while 12 added to existing stakes and 7 trimmed.
The largest buyer was Howard Capital Management, adding an estimated $6.9M. The largest seller was Brookstone Capital Management, exiting entirely with an estimated $15.1M sold.
- 23 institutional investors held Direxion HCM Tactical Enhanced US ETF (HCMT) as of Q1 2024, up from 22 in Q4 2023.
- Funds reported $269M of Direxion HCM Tactical Enhanced US ETF stock for Q1 2024, up 17% quarter-over-quarter.
- 4 funds opened new Direxion HCM Tactical Enhanced US ETF positions in Q1 2024 and 2 closed out, a net change of +2 holders.
- The largest Direxion HCM Tactical Enhanced US ETF buyer in Q1 2024 was Howard Capital Management, an estimated $6.9M added.
- The largest Direxion HCM Tactical Enhanced US ETF seller in Q1 2024 was Brookstone Capital Management, an estimated $15.1M sold.
Based on aggregated 13F filings for Q1 2024.