Direxion Daily S&P 500 High Beta Bear 3X ETF
HIBS
12 hedge funds and large institutions have $9.2M invested in Direxion Daily S&P 500 High Beta Bear 3X ETF in 2023 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 3 reducing their positions, and 8 closing their positions.
533% more call options, than puts
Call options by funds: $500K | Put options by funds: $79K
231% more capital invested
Capital invested by funds: $2.78M → $9.2M (+$6.42M)
1.56% more ownership
Funds ownership: 0.06% → 1.61% (+1.6%)
14% less funds holding
Funds holding: 14 → 12 (-2)
25% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 8
33% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$3.39M |
| 2 |
PWM
Prosperity Wealth Management
San Ramon,
California
|
+$862K |
| 3 |
Goldman Sachs
New York
|
+$794K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$498K |
| 5 |
GS
GTS Securities
New York
|
+$328K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PEA
Park Edge Advisors
Cleveland,
Ohio
|
-$632K |
| 2 |
Jane Street
New York
|
-$316K |
| 3 |
LODC
Lanham O'Dell & Company
Hurricane,
West Virginia
|
-$239K |
| 4 |
CAM
Cresset Asset Management
Chicago,
Illinois
|
-$157K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$43K |
HIBS Hedge Fund Activity: Q3 2023 in Review
12 of the 6,303 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 High Beta Bear 3X ETF (HIBS) for Q3 2023, worth a combined $9.2M — up 231% from $2.78M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of HIBS and 6 opened new positions — a net loss of 2 holders — while 3 trimmed existing stakes and 2 added.
The largest buyer was HRT Financial, opening a new position worth an estimated $3.39M. The largest seller was Park Edge Advisors, exiting entirely with an estimated $632K sold.
- 12 institutional investors held Direxion Daily S&P 500 High Beta Bear 3X ETF (HIBS) as of Q3 2023, down from 14 in Q2 2023.
- Funds reported $9.2M of Direxion Daily S&P 500 High Beta Bear 3X ETF stock for Q3 2023, up 231% quarter-over-quarter.
- 6 funds opened new Direxion Daily S&P 500 High Beta Bear 3X ETF positions in Q3 2023 and 8 closed out, a net change of -2 holders.
- The largest Direxion Daily S&P 500 High Beta Bear 3X ETF buyer in Q3 2023 was HRT Financial, an estimated $3.39M added.
- The largest Direxion Daily S&P 500 High Beta Bear 3X ETF seller in Q3 2023 was Park Edge Advisors, an estimated $632K sold.
Based on aggregated 13F filings for Q3 2023.