Direxion Daily Mid Cap Bull 3X ETF
MIDU
19 hedge funds and large institutions have $16.9M invested in Direxion Daily Mid Cap Bull 3X ETF in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 1 closing their positions.
600% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 1
69% more capital invested
Capital invested by funds: $10M → $16.9M (+$6.88M)
57.78% more ownership
Funds ownership: 122.8% → 180.58% (+58%)
46% more funds holding
Funds holding: 13 → 19 (+6)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
57% less call options, than puts
Call options by funds: $641K | Put options by funds: $1.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$3.14M |
| 2 |
Goldman Sachs
New York
|
+$876K |
| 3 |
KC
Kingfisher Capital
Charlotte,
North Carolina
|
+$876K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$608K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$361K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.46M |
| 2 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$538K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$313K |
| 4 |
CPSAC
Chas P. Smith & Associates (CPS)
Lakeland,
Florida
|
-$127K |
| 5 |
AC
AFAM Capital
Austin,
Texas
|
-$70.6K |
MIDU Hedge Fund Activity: Q3 2013 in Review
19 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Mid Cap Bull 3X ETF (MIDU) for Q3 2013, worth a combined $16.9M — up 69% from $10M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new MIDU positions and 1 closed out — a net gain of 6 holders — while 5 added to existing stakes and 6 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $3.14M. The largest seller was Envestnet Asset Management, cutting an estimated $1.46M.
- 19 institutional investors held Direxion Daily Mid Cap Bull 3X ETF (MIDU) as of Q3 2013, up from 13 in Q2 2013.
- Funds reported $16.9M of Direxion Daily Mid Cap Bull 3X ETF stock for Q3 2013, up 69% quarter-over-quarter.
- 7 funds opened new Direxion Daily Mid Cap Bull 3X ETF positions in Q3 2013 and 1 closed out, a net change of +6 holders.
- The largest Direxion Daily Mid Cap Bull 3X ETF buyer in Q3 2013 was Virtu Financial, an estimated $3.14M added.
- The largest Direxion Daily Mid Cap Bull 3X ETF seller in Q3 2013 was Envestnet Asset Management, an estimated $1.46M sold.
Based on aggregated 13F filings for Q3 2013.