Direxion Daily Mid Cap Bull 3X ETF
MIDU
18 hedge funds and large institutions have $5.73M invested in Direxion Daily Mid Cap Bull 3X ETF in 2017 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 4 increasing their positions, 8 reducing their positions, and 6 closing their positions.
18% less funds holding
Funds holding: 22 → 18 (-4)
29.93% less ownership
Funds ownership: 39.79% → 9.86% (-30%)
50% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 8
67% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 6
82% less capital invested
Capital invested by funds: $32.4M → $5.73M (-$26.7M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$236K |
| 2 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
+$228K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$111K |
| 4 |
CWM
Concert Wealth Management
San Jose,
California
|
+$21.1K |
| 5 |
Wells Fargo
San Francisco,
California
|
+$36 |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Credit Agricole
Montrouge Cedex,
France
|
-$24.3M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.16M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.08M |
| 4 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$477K |
| 5 |
Jane Street
New York
|
-$380K |
MIDU Hedge Fund Activity: Q2 2017 in Review
18 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Mid Cap Bull 3X ETF (MIDU) for Q2 2017, worth a combined $5.73M — down 82% from $32.4M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of MIDU and 2 opened new positions — a net loss of 4 holders — while 8 trimmed existing stakes and 4 added.
The largest buyer was Royal Bank of Canada, adding an estimated $236K. The largest seller was Credit Agricole, exiting entirely with an estimated $24.3M sold.
- 18 institutional investors held Direxion Daily Mid Cap Bull 3X ETF (MIDU) as of Q2 2017, down from 22 in Q1 2017.
- Funds reported $5.73M of Direxion Daily Mid Cap Bull 3X ETF stock for Q2 2017, down 82% quarter-over-quarter.
- 2 funds opened new Direxion Daily Mid Cap Bull 3X ETF positions in Q2 2017 and 6 closed out, a net change of -4 holders.
- The largest Direxion Daily Mid Cap Bull 3X ETF buyer in Q2 2017 was Royal Bank of Canada, an estimated $236K added.
- The largest Direxion Daily Mid Cap Bull 3X ETF seller in Q2 2017 was Credit Agricole, an estimated $24.3M sold.
Based on aggregated 13F filings for Q2 2017.