Direxion Daily Mid Cap Bull 3X ETF
MIDU
19 hedge funds and large institutions have $11.8M invested in Direxion Daily Mid Cap Bull 3X ETF in 2014 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 6 closing their positions.
67% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 6
27% more funds holding
Funds holding: 15 → 19 (+4)
15% more capital invested
Capital invested by funds: $10.3M → $11.8M (+$1.49M)
14% more call options, than puts
Call options by funds: $3.16M | Put options by funds: $2.76M
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$2.33M |
| 2 |
PSW
Portfolio Strategies (Washington)
Tacoma,
Washington
|
+$562K |
| 3 |
Jane Street
New York
|
+$537K |
| 4 |
CWM
Concert Wealth Management
San Jose,
California
|
+$439K |
| 5 |
Barclays
London,
United Kingdom
|
+$307K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPSAC
Chas P. Smith & Associates (CPS)
Lakeland,
Florida
|
-$2.05M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$545K |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$377K |
| 4 |
Goldman Sachs
New York
|
-$373K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$188K |
MIDU Hedge Fund Activity: Q1 2014 in Review
19 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Mid Cap Bull 3X ETF (MIDU) for Q1 2014, worth a combined $11.8M — up 15% from $10.3M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new MIDU positions and 6 closed out — a net gain of 4 holders — while 3 added to existing stakes and 5 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $2.33M. The largest seller was Chas P. Smith & Associates (CPS), exiting entirely with an estimated $2.05M sold.
- 19 institutional investors held Direxion Daily Mid Cap Bull 3X ETF (MIDU) as of Q1 2014, up from 15 in Q4 2013.
- Funds reported $11.8M of Direxion Daily Mid Cap Bull 3X ETF stock for Q1 2014, up 15% quarter-over-quarter.
- 10 funds opened new Direxion Daily Mid Cap Bull 3X ETF positions in Q1 2014 and 6 closed out, a net change of +4 holders.
- The largest Direxion Daily Mid Cap Bull 3X ETF buyer in Q1 2014 was Royal Bank of Canada, an estimated $2.33M added.
- The largest Direxion Daily Mid Cap Bull 3X ETF seller in Q1 2014 was Chas P. Smith & Associates (CPS), an estimated $2.05M sold.
Based on aggregated 13F filings for Q1 2014.