Direxion Daily Mid Cap Bull 3X ETF
MIDU
22 hedge funds and large institutions have $6.4M invested in Direxion Daily Mid Cap Bull 3X ETF in 2016 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 3 increasing their positions, 8 reducing their positions, and 4 closing their positions.
109% more call options, than puts
Call options by funds: $4.46M | Put options by funds: $2.13M
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
10% more funds holding
Funds holding: 20 → 22 (+2)
14% less capital invested
Capital invested by funds: $7.42M → $6.4M (-$1.03M)
63% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$678K |
| 2 |
RFS
Rockefeller Financial Services
New York
|
+$422K |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$334K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$276K |
| 5 |
CFA
Carroll Financial Associates
Charlotte,
North Carolina
|
+$42.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.19M |
| 2 |
VF
Virtu Financial
New York
|
-$673K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$588K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$282K |
| 5 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$276K |
MIDU Hedge Fund Activity: Q2 2016 in Review
22 of the 3,756 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Mid Cap Bull 3X ETF (MIDU) for Q2 2016, worth a combined $6.4M — down 14% from $7.42M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new MIDU positions and 4 closed out — a net gain of 2 holders — while 3 added to existing stakes and 8 trimmed.
The largest buyer was Flow Traders U.S., adding an estimated $678K. The largest seller was Susquehanna International Group, cutting an estimated $1.19M.
- 22 institutional investors held Direxion Daily Mid Cap Bull 3X ETF (MIDU) as of Q2 2016, up from 20 in Q1 2016.
- Funds reported $6.4M of Direxion Daily Mid Cap Bull 3X ETF stock for Q2 2016, down 14% quarter-over-quarter.
- 6 funds opened new Direxion Daily Mid Cap Bull 3X ETF positions in Q2 2016 and 4 closed out, a net change of +2 holders.
- The largest Direxion Daily Mid Cap Bull 3X ETF buyer in Q2 2016 was Flow Traders U.S., an estimated $678K added.
- The largest Direxion Daily Mid Cap Bull 3X ETF seller in Q2 2016 was Susquehanna International Group, an estimated $1.19M sold.
Based on aggregated 13F filings for Q2 2016.