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Direxion Daily S&P Biotech Bear 3X ETF
LABD

18 hedge funds and large institutions have $30.9M invested in Direxion Daily S&P Biotech Bear 3X ETF in 2020 Q2 according to their latest regulatory filings, with 11 funds opening new positions, 6 increasing their positions, 0 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

1,000% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 1

125% more funds holding

Funds holding: 8 → 18 (+10)

51% more capital invested

Capital invested by funds: $20.5M → $30.9M (+$10.4M)

0.02% less ownership

Funds ownership: 0.19% → 0.17% (-0.02%)

25% less call options, than puts

Call options by funds: $1.89M | Put options by funds: $2.53M

Holders
18
Holders Change
+10
Holders Change %
+125%
% of All Funds
0.37%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
11
Increased
6
Reduced
–
Closed
1
Calls
$1.89M
Puts
$2.53M
Net Calls
-$639K
Net Calls Change
-$2.45M

Top Buyers

Rank Fund Capital Flow
1
BC
Boxer Capital
California
+$36.1M
2
TRCT
Tower Research Capital (TRC)
New York
+$3.62M
3
HF
HRT Financial
New York
+$2.6M
4
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$1.46M
5
FTUS
Flow Traders U.S.
New York
+$888K

Top Sellers

Rank Fund Capital Flow
1
FLAM
First Light Asset Management
Minnesota
-$217K
2
UBS Group
UBS Group
Switzerland
-$1K
Name Holding Trade Value Shares
Change 		Change in
Stake
BC
1
Boxer Capital
California
$24.3M +$36.1M +28,750 +460%
TRCT
2
Tower Research Capital (TRC)
New York
$2M +$3.62M +2,881 New
HF
3
HRT Financial
New York
$1.44M +$2.6M +2,069 New
Susquehanna International Group
4
Susquehanna International Group
Pennsylvania
$809K +$1.46M +1,165 New
FTUS
5
Flow Traders U.S.
New York
$491K +$888K +707 New
Simplex Trading
6
Simplex Trading
Illinois
$471K +$854K +680 New
Jane Street
7
Jane Street
New York
$313K +$310K +247 +120%
Wolverine Trading
8
Wolverine Trading
Illinois
$302K +$111K +88 +27%
Citadel Advisors
9
Citadel Advisors
Florida
$245K +$107K +85 +32%
Morgan Stanley
10
Morgan Stanley
New York
$183K +$289K +230 +676%
HighTower Advisors
11
HighTower Advisors
Illinois
$132K +$239K +190 New
Citigroup
12
Citigroup
New York
$110K +$52.8K +42 +36%
XS
13
XR Securities
Illinois
$89K +$161K +128 New
Bank of America
14
Bank of America
North Carolina
$28K +$51.5K +41 New
LC
15
Lindbrook Capital
California
$14K +$25.1K +20 New
CG
16
Cutler Group
California
$10K +$18.8K +15 New
SFS
17
Sowell Financial Services
Arkansas
$2K – – –
FLAM
18
First Light Asset Management
Minnesota
– -$217K -77 Closed
UBS Group
19
UBS Group
Switzerland
– -$1K – –
TWA
20
TCI Wealth Advisors
Arizona
– +$1.26K +1 New

LABD Hedge Fund Activity: Q2 2020 in Review

18 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily S&P Biotech Bear 3X ETF (LABD) for Q2 2020, worth a combined $30.9M — up 51% from $20.5M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new LABD positions and 1 closed out — a net gain of 10 holders — while 6 added to existing stakes and 0 trimmed.

The largest buyer was Boxer Capital, adding an estimated $36.1M. The largest seller was First Light Asset Management, exiting entirely with an estimated $217K sold.

  • 18 institutional investors held Direxion Daily S&P Biotech Bear 3X ETF (LABD) as of Q2 2020, up from 8 in Q1 2020.
  • Funds reported $30.9M of Direxion Daily S&P Biotech Bear 3X ETF stock for Q2 2020, up 51% quarter-over-quarter.
  • 11 funds opened new Direxion Daily S&P Biotech Bear 3X ETF positions in Q2 2020 and 1 closed out, a net change of +10 holders.
  • The largest Direxion Daily S&P Biotech Bear 3X ETF buyer in Q2 2020 was Boxer Capital, an estimated $36.1M added.
  • The largest Direxion Daily S&P Biotech Bear 3X ETF seller in Q2 2020 was First Light Asset Management, an estimated $217K sold.

Based on aggregated 13F filings for Q2 2020.