Direxion Daily S&P 500 High Beta Bear 3X ETF
HIBS
14 hedge funds and large institutions have $2.78M invested in Direxion Daily S&P 500 High Beta Bear 3X ETF in 2023 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 4 closing their positions.
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
8% more funds holding
Funds holding: 13 → 14 (+1)
0% more ownership
Funds ownership: 0.05% → 0.06% (+0%)
12% less capital invested
Capital invested by funds: $3.16M → $2.78M (-$380K)
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
83% less call options, than puts
Call options by funds: $6K | Put options by funds: $35K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PEA
Park Edge Advisors
Cleveland,
Ohio
|
+$871K |
| 2 |
VF
Virtu Financial
New York
|
+$557K |
| 3 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
+$216K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
+$59.3K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$59.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$425K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$283K |
| 3 |
Goldman Sachs
New York
|
-$247K |
| 4 |
William Blair & Company
Chicago,
Illinois
|
-$172K |
| 5 |
TSS
Two Sigma Securities
New York
|
-$62.1K |
HIBS Hedge Fund Activity: Q2 2023 in Review
14 of the 6,371 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 High Beta Bear 3X ETF (HIBS) for Q2 2023, worth a combined $2.78M — down 12% from $3.16M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new HIBS positions and 4 closed out — a net gain of 1 holder — while 2 added to existing stakes and 3 trimmed.
The largest buyer was Park Edge Advisors, opening a new position worth an estimated $871K. The largest seller was Renaissance Technologies, exiting entirely with an estimated $425K sold.
- 14 institutional investors held Direxion Daily S&P 500 High Beta Bear 3X ETF (HIBS) as of Q2 2023, up from 13 in Q1 2023.
- Funds reported $2.78M of Direxion Daily S&P 500 High Beta Bear 3X ETF stock for Q2 2023, down 12% quarter-over-quarter.
- 5 funds opened new Direxion Daily S&P 500 High Beta Bear 3X ETF positions in Q2 2023 and 4 closed out, a net change of +1 holder.
- The largest Direxion Daily S&P 500 High Beta Bear 3X ETF buyer in Q2 2023 was Park Edge Advisors, an estimated $871K added.
- The largest Direxion Daily S&P 500 High Beta Bear 3X ETF seller in Q2 2023 was Renaissance Technologies, an estimated $425K sold.
Based on aggregated 13F filings for Q2 2023.