Direxion Daily S&P 500 High Beta Bear 3X ETF
HIBS
8 hedge funds and large institutions have $1.57M invested in Direxion Daily S&P 500 High Beta Bear 3X ETF in 2024 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 0 increasing their positions, 5 reducing their positions, and 5 closing their positions.
1.51% less ownership
Funds ownership: 1.96% → 0.45% (-1.5%)
20% less funds holding
Funds holding: 10 → 8 (-2)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
78% less capital invested
Capital invested by funds: $7.03M → $1.57M (-$5.46M)
96% less call options, than puts
Call options by funds: $42K | Put options by funds: $956K
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PA
Procyon Advisors
Shelton,
Connecticut
|
+$209K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$133K |
| 3 |
JP Morgan Chase
New York
|
+$1.27K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$3.28M |
| 2 |
PWM
Prosperity Wealth Management
San Ramon,
California
|
-$1.08M |
| 3 |
VF
Virtu Financial
New York
|
-$972K |
| 4 |
GS
GTS Securities
New York
|
-$327K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$207K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
1
Virtu Financial
New York
| $630K | -$972K | -3,836 | -60% |
|
2
Jane Street
New York
| $356K | -$192K | -759 | -34% |
|
|
GS
3
GTS Securities
New York
| $224K | -$327K | -1,293 | -59% |
|
|
PA
4
Procyon Advisors
Shelton,
Connecticut
| $202K | +$209K | +827 | New |
|
|
5
Citadel Advisors
Miami,
Florida
| $128K | +$133K | +524 | New |
|
6
Simplex Trading
Chicago,
Illinois
| $28K | -$507 | -2 | -2% |
|
|
7
JP Morgan Chase
New York
| $1.1K | +$1.27K | +5 | New |
|
8
Bank of America
Charlotte,
North Carolina
| $465 | -$48.6K | -192 | -99% |
|
|
TRCT
9
Tower Research Capital (TRC)
New York
| $73 | – | – | – |
|
10
Jones Financial Companies
Des Peres,
Missouri
| $49 | – | – | – |
|
11
Morgan Stanley
New York
| $40 | – | – | – |
|
|
HF
12
HRT Financial
New York
| – | -$3.28M | -14,883 | Closed |
|
|
PWM
13
Prosperity Wealth Management
San Ramon,
California
| – | -$1.08M | -4,884 | Closed |
|
|
14
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$207K | -938 | Closed |
|
15
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$11K | -50 | Closed |
|
16
UBS Group
Zurich,
Switzerland
| – | -$1.83K | -8 | Closed |
|
HIBS Hedge Fund Activity: Q2 2024 in Review
8 of the 6,929 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P 500 High Beta Bear 3X ETF (HIBS) for Q2 2024, worth a combined $1.57M — down 78% from $7.03M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of HIBS and 3 opened new positions — a net loss of 2 holders — while 5 trimmed existing stakes and 0 added.
The largest buyer was Procyon Advisors, opening a new position worth an estimated $209K. The largest seller was HRT Financial, exiting entirely with an estimated $3.28M sold.
- 8 institutional investors held Direxion Daily S&P 500 High Beta Bear 3X ETF (HIBS) as of Q2 2024, down from 10 in Q1 2024.
- Funds reported $1.57M of Direxion Daily S&P 500 High Beta Bear 3X ETF stock for Q2 2024, down 78% quarter-over-quarter.
- 3 funds opened new Direxion Daily S&P 500 High Beta Bear 3X ETF positions in Q2 2024 and 5 closed out, a net change of -2 holders.
- The largest Direxion Daily S&P 500 High Beta Bear 3X ETF buyer in Q2 2024 was Procyon Advisors, an estimated $209K added.
- The largest Direxion Daily S&P 500 High Beta Bear 3X ETF seller in Q2 2024 was HRT Financial, an estimated $3.28M sold.
Based on aggregated 13F filings for Q2 2024.