Direxion Daily META Bull 2X ETF
METU
3 hedge funds and large institutions have $1.61M invested in Direxion Daily META Bull 2X ETF in 2024 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 1 increasing their positions, reducing their positions, and 3 closing their positions.
5.17% more ownership
Funds ownership: 0% → 5.17% (+5.2%)
37% less capital invested
Capital invested by funds: $2.56M → $1.61M (-$946K)
40% less funds holding
Funds holding: 5 → 3 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$531K |
| 2 |
HCM
Hollencrest Capital Management
Newport Beach,
California
|
+$55.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$690K |
| 2 |
IMC Chicago
Chicago,
Illinois
|
-$662K |
| 3 |
Jane Street
New York
|
-$461K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Citigroup
New York
| $838K | – | – | – |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $639K | +$531K | +19,070 | New |
|
|
HCM
3
Hollencrest Capital Management
Newport Beach,
California
| $134K | +$55.7K | +2,000 | +100% |
|
|
4
Bank of America
Charlotte,
North Carolina
| – | -$690K | -25,000 | Closed |
|
|
5
IMC Chicago
Chicago,
Illinois
| – | -$662K | -24,019 | Closed |
|
|
6
Jane Street
New York
| – | -$461K | -16,718 | Closed |
|
METU Hedge Fund Activity: Q3 2024 in Review
3 of the 6,965 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily META Bull 2X ETF (METU) for Q3 2024, worth a combined $1.61M — down 37% from $2.56M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of METU and 1 opened new positions — a net loss of 2 holders — while 0 trimmed existing stakes and 1 added.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $531K. The largest seller was Bank of America, exiting entirely with an estimated $690K sold.
- 3 institutional investors held Direxion Daily META Bull 2X ETF (METU) as of Q3 2024, down from 5 in Q2 2024.
- Funds reported $1.61M of Direxion Daily META Bull 2X ETF stock for Q3 2024, down 37% quarter-over-quarter.
- 1 fund opened new Direxion Daily META Bull 2X ETF positions in Q3 2024 and 3 closed out, a net change of -2 holders.
- The largest Direxion Daily META Bull 2X ETF buyer in Q3 2024 was Susquehanna International Group, an estimated $531K added.
- The largest Direxion Daily META Bull 2X ETF seller in Q3 2024 was Bank of America, an estimated $690K sold.
Based on aggregated 13F filings for Q3 2024.