Direxion Daily Consumer Staples Bull 3X Shares
NEED
NEED was delisted on the 16th of October, 2020.
2 hedge funds and large institutions have $271K invested in Direxion Daily Consumer Staples Bull 3X Shares in 2020 Q3 according to their latest regulatory filings, with 1 funds opening new positions, 0 increasing their positions, 1 reducing their positions, and 3 closing their positions.
50% less funds holding
Funds holding: 4 → 2 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
88% less capital invested
Capital invested by funds: $2.23M → $271K (-$1.96M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$11.2K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
F
F3Logic
Burnsville,
Minnesota
|
-$1.16M |
| 2 |
XS
XR Securities
Chicago,
Illinois
|
-$834K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$51.3K |
| 4 |
LWA
Lenox Wealth Advisors
New York
|
-$2K |
NEED Hedge Fund Activity: Q3 2020 in Review
2 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Consumer Staples Bull 3X Shares (NEED) for Q3 2020, worth a combined $271K — down 88% from $2.23M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of NEED and 1 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 0 added.
The largest buyer was Morgan Stanley, opening a new position worth an estimated $11.2K. The largest seller was F3Logic, exiting entirely with an estimated $1.16M sold.
- 2 institutional investors held Direxion Daily Consumer Staples Bull 3X Shares (NEED) as of Q3 2020, down from 4 in Q2 2020.
- Funds reported $271K of Direxion Daily Consumer Staples Bull 3X Shares stock for Q3 2020, down 88% quarter-over-quarter.
- 1 fund opened new Direxion Daily Consumer Staples Bull 3X Shares positions in Q3 2020 and 3 closed out, a net change of -2 holders.
- The largest Direxion Daily Consumer Staples Bull 3X Shares buyer in Q3 2020 was Morgan Stanley, an estimated $11.2K added.
- The largest Direxion Daily Consumer Staples Bull 3X Shares seller in Q3 2020 was F3Logic, an estimated $1.16M sold.
Based on aggregated 13F filings for Q3 2020.