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Direxion Daily S&P 500 High Beta Bear 3X ETF

10 hedge funds and large institutions have $7.03M invested in Direxion Daily S&P 500 High Beta Bear 3X ETF in 2024 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

67% more repeat investments, than reductions

Existing positions increased: 5 | Existing positions reduced: 3

7% more capital invested

Capital invested by funds: $6.55M → $7.03M (+$477K)

0.33% more ownership

Funds ownership: 1.63%1.96% (+0.33%)

23% less funds holding

Funds holding: 1310 (-3)

60% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 5

77% less call options, than puts

Call options by funds: $209K | Put options by funds: $909K

Holders
10
Holders Change
-3
Holders Change %
-23.08%
% of All Funds
0.14%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
2
Increased
5
Reduced
3
Closed
5
Calls
$209K
Puts
$909K
Net Calls
-$700K
Net Calls Change
-$933K
Name Holding Trade Value Shares
Change
Change in
Stake
HF
1
HRT Financial
New York
$3.28M +$1.98M +7,403 +99%
VF
2
Virtu Financial
New York
$1.41M +$1.03M +3,848 +150%
PWM
3
Prosperity Wealth Management
California
$1.08M +$557K +2,081 +74%
Jane Street
4
Jane Street
New York
$488K -$1.48M -5,538 -71%
GS
5
GTS Securities
New York
$487K +$184K +688 +45%
Susquehanna International Group
6
Susquehanna International Group
Pennsylvania
$207K +$251K +938 New
Bank of America
7
Bank of America
North Carolina
$42.6K +$48.7K +182 +1,517%
Simplex Trading
8
Simplex Trading
Illinois
$26K -$140K -523 -81%
Royal Bank of Canada
9
Royal Bank of Canada
Ontario, Canada
$11K +$13.4K +50 New
UBS Group
10
UBS Group
Switzerland
$1.83K -$32.1K -120 -94%
TRCT
11
Tower Research Capital (TRC)
New York
$66
Morgan Stanley
12
Morgan Stanley
New York
$43
PA
13
Procyon Advisors
Connecticut
-$224K -827 Closed
JP Morgan Chase
14
JP Morgan Chase
New York
-$62.4K -230 Closed
Group One Trading
15
Group One Trading
Illinois
-$31K -114 Closed
ASN
16
Advisory Services Network
Georgia
-$13.6K -50 Closed
CG
17
Cutler Group
California
-$10.4K -39 Closed

HIBS Hedge Fund Activity: Q1 2024 in Review

10 of the 6,946 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 High Beta Bear 3X ETF (HIBS) for Q1 2024, worth a combined $7.03M — up 7.3% from $6.55M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of HIBS and 2 opened new positions — a net loss of 3 holders — while 3 trimmed existing stakes and 5 added.

The largest buyer was HRT Financial, adding an estimated $1.98M. The largest seller was Jane Street, cutting an estimated $1.48M.

  • 10 institutional investors held Direxion Daily S&P 500 High Beta Bear 3X ETF (HIBS) as of Q1 2024, down from 13 in Q4 2023.
  • Funds reported $7.03M of Direxion Daily S&P 500 High Beta Bear 3X ETF stock for Q1 2024, up 7.3% quarter-over-quarter.
  • 2 funds opened new Direxion Daily S&P 500 High Beta Bear 3X ETF positions in Q1 2024 and 5 closed out, a net change of -3 holders.
  • The largest Direxion Daily S&P 500 High Beta Bear 3X ETF buyer in Q1 2024 was HRT Financial, an estimated $1.98M added.
  • The largest Direxion Daily S&P 500 High Beta Bear 3X ETF seller in Q1 2024 was Jane Street, an estimated $1.48M sold.

Based on aggregated 13F filings for Q1 2024.