Direxion Daily Mid Cap Bull 3X ETF
MIDU
15 hedge funds and large institutions have $10.3M invested in Direxion Daily Mid Cap Bull 3X ETF in 2013 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 2 increasing their positions, 9 reducing their positions, and 6 closing their positions.
21% less funds holding
Funds holding: 19 → 15 (-4)
39% less capital invested
Capital invested by funds: $16.9M → $10.3M (-$6.62M)
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
78% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 9
81.79% less ownership
Funds ownership: 180.58% → 98.78% (-82%)
95% less call options, than puts
Call options by funds: $414K | Put options by funds: $8.82M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPSAC
Chas P. Smith & Associates (CPS)
Lakeland,
Florida
|
+$1.45M |
| 2 |
SG Americas Securities
New York
|
+$691K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$111K |
| 4 |
PNC Financial Services Group
Pittsburgh,
Pennsylvania
|
+$1.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$3.31M |
| 2 |
KC
Kingfisher Capital
Charlotte,
North Carolina
|
-$2.14M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.74M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.17M |
| 5 |
Goldman Sachs
New York
|
-$675K |
MIDU Hedge Fund Activity: Q4 2013 in Review
15 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Mid Cap Bull 3X ETF (MIDU) for Q4 2013, worth a combined $10.3M — down 39% from $16.9M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MIDU and 2 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 2 added.
The largest buyer was Chas P. Smith & Associates (CPS), adding an estimated $1.45M. The largest seller was Virtu Financial, exiting entirely with an estimated $3.31M sold.
- 15 institutional investors held Direxion Daily Mid Cap Bull 3X ETF (MIDU) as of Q4 2013, down from 19 in Q3 2013.
- Funds reported $10.3M of Direxion Daily Mid Cap Bull 3X ETF stock for Q4 2013, down 39% quarter-over-quarter.
- 2 funds opened new Direxion Daily Mid Cap Bull 3X ETF positions in Q4 2013 and 6 closed out, a net change of -4 holders.
- The largest Direxion Daily Mid Cap Bull 3X ETF buyer in Q4 2013 was Chas P. Smith & Associates (CPS), an estimated $1.45M added.
- The largest Direxion Daily Mid Cap Bull 3X ETF seller in Q4 2013 was Virtu Financial, an estimated $3.31M sold.
Based on aggregated 13F filings for Q4 2013.