Direxion Daily Metal Miners Bull 2X Shares
MNM was delisted on the 21st of April, 2023.
5 hedge funds and large institutions have $3.82M invested in Direxion Daily Metal Miners Bull 2X Shares in 2022 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 3 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
17% less funds holding
Funds holding: 6 → 5 (-1)
24% less capital invested
Capital invested by funds: $5.04M → $3.82M (-$1.22M)
33% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$432K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$101K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$6.05K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$1.14M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$692K |
| 3 |
Citigroup
New York
|
-$414K |
| 4 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$393K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
JP Morgan Chase
New York
| $1.5M | – | – | – |
|
|
TRCT
2
Tower Research Capital (TRC)
New York
| $1.04M | +$101K | +3,346 | +11% |
|
|
3
Citigroup
New York
| $851K | -$414K | -13,666 | -33% |
|
|
4
SG Americas Securities
New York
| $428K | +$432K | +14,268 | New |
|
|
5
UBS Group
Zurich,
Switzerland
| $6K | +$6.05K | +200 | New |
|
|
6
Bank of America
Charlotte,
North Carolina
| – | -$1.14M | -50,000 | Closed |
|
|
7
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$692K | -30,299 | Closed |
|
|
OMC
8
Old Mission Capital
Chicago,
Illinois
| – | -$393K | -17,196 | Closed |
|
MNM Hedge Fund Activity: Q4 2022 in Review
5 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Metal Miners Bull 2X Shares (MNM) for Q4 2022, worth a combined $3.82M — down 24% from $5.04M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of MNM and 2 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 1 added.
The largest buyer was SG Americas Securities, opening a new position worth an estimated $432K. The largest seller was Bank of America, exiting entirely with an estimated $1.14M sold.
- 5 institutional investors held Direxion Daily Metal Miners Bull 2X Shares (MNM) as of Q4 2022, down from 6 in Q3 2022.
- Funds reported $3.82M of Direxion Daily Metal Miners Bull 2X Shares stock for Q4 2022, down 24% quarter-over-quarter.
- 2 funds opened new Direxion Daily Metal Miners Bull 2X Shares positions in Q4 2022 and 3 closed out, a net change of -1 holder.
- The largest Direxion Daily Metal Miners Bull 2X Shares buyer in Q4 2022 was SG Americas Securities, an estimated $432K added.
- The largest Direxion Daily Metal Miners Bull 2X Shares seller in Q4 2022 was Bank of America, an estimated $1.14M sold.
Based on aggregated 13F filings for Q4 2022.