Direxion Daily META Bear 1X ETF
METD
5 hedge funds and large institutions have $1.76M invested in Direxion Daily META Bear 1X ETF in 2024 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, reducing their positions, and 1 closing their positions.
200% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 1
67% more funds holding
Funds holding: 3 → 5 (+2)
34.48% more ownership
Funds ownership: 0% → 34.48% (+34%)
32% more call options, than puts
Call options by funds: $10.3M | Put options by funds: $7.79M
11% more capital invested
Capital invested by funds: $1.59M → $1.76M (+$169K)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$657K |
| 2 |
IMC Chicago
Chicago,
Illinois
|
+$338K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$5.94K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$3.94K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$590K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
IMC Chicago
Chicago,
Illinois
| $660K | +$338K | +14,683 | +83% |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $583K | +$657K | +28,513 | New |
|
3
Citigroup
New York
| $511K | – | – | – |
|
|
4
UBS Group
Zurich,
Switzerland
| $5.28K | +$5.94K | +258 | New |
|
|
TRCT
5
Tower Research Capital (TRC)
New York
| $3.5K | +$3.94K | +171 | New |
|
|
6
Bank of America
Charlotte,
North Carolina
| – | -$590K | -25,000 | Closed |
|
METD Hedge Fund Activity: Q3 2024 in Review
5 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily META Bear 1X ETF (METD) for Q3 2024, worth a combined $1.76M — up 11% from $1.59M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new METD positions and 1 closed out — a net gain of 2 holders — while 1 added to existing stakes and 0 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $657K. The largest seller was Bank of America, exiting entirely with an estimated $590K sold.
- 5 institutional investors held Direxion Daily META Bear 1X ETF (METD) as of Q3 2024, up from 3 in Q2 2024.
- Funds reported $1.76M of Direxion Daily META Bear 1X ETF stock for Q3 2024, up 11% quarter-over-quarter.
- 3 funds opened new Direxion Daily META Bear 1X ETF positions in Q3 2024 and 1 closed out, a net change of +2 holders.
- The largest Direxion Daily META Bear 1X ETF buyer in Q3 2024 was Susquehanna International Group, an estimated $657K added.
- The largest Direxion Daily META Bear 1X ETF seller in Q3 2024 was Bank of America, an estimated $590K sold.
Based on aggregated 13F filings for Q3 2024.