Direxion Daily Metal Miners Bull 2X Shares
MNM was delisted on the 21st of April, 2023.
5 hedge funds and large institutions have $3.41M invested in Direxion Daily Metal Miners Bull 2X Shares in 2023 Q1 according to their latest regulatory filings, with 2 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 2 closing their positions.
0% more funds holding
Funds holding: 5 → 5 (0)
0% more first-time investments, than exits
New positions opened: 2 | Existing positions closed: 2
11% less capital invested
Capital invested by funds: $3.82M → $3.41M (-$411K)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 2
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$908K |
| 2 |
CAG
Csenge Advisory Group
Clearwater,
Florida
|
+$408K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citigroup
New York
|
-$851K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$665K |
| 3 |
SG Americas Securities
New York
|
-$428K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$636 |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
JP Morgan Chase
New York
| $1.65M | – | – | – |
|
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $849K | +$908K | +25,692 | New |
|
|
TRCT
3
Tower Research Capital (TRC)
New York
| $520K | -$665K | -18,837 | -54% |
|
|
CAG
4
Csenge Advisory Group
Clearwater,
Florida
| $382K | +$408K | +11,554 | New |
|
|
5
UBS Group
Zurich,
Switzerland
| $6.01K | -$636 | -18 | -9% |
|
|
6
Citigroup
New York
| – | -$851K | -28,378 | Closed |
|
|
7
SG Americas Securities
New York
| – | -$428K | -14,268 | Closed |
|
MNM Hedge Fund Activity: Q1 2023 in Review
5 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Metal Miners Bull 2X Shares (MNM) for Q1 2023, worth a combined $3.41M — down 11% from $3.82M a quarter earlier.
Fund positioning in MNM was balanced in Q1 2023: 2 funds opened new positions, 2 closed out, 0 added to existing stakes and 2 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $908K. The largest seller was Citigroup, exiting entirely with an estimated $851K sold.
- 5 institutional investors held Direxion Daily Metal Miners Bull 2X Shares (MNM) as of Q1 2023, unchanged from Q4 2022.
- Funds reported $3.41M of Direxion Daily Metal Miners Bull 2X Shares stock for Q1 2023, down 11% quarter-over-quarter.
- 2 funds opened new Direxion Daily Metal Miners Bull 2X Shares positions in Q1 2023 and 2 closed out, a net change of 0 holders.
- The largest Direxion Daily Metal Miners Bull 2X Shares buyer in Q1 2023 was Susquehanna International Group, an estimated $908K added.
- The largest Direxion Daily Metal Miners Bull 2X Shares seller in Q1 2023 was Citigroup, an estimated $851K sold.
Based on aggregated 13F filings for Q1 2023.