Direxion Daily 20+ Year Treasury Bull 3X ETF

TMF

Market cap $2.25B

TMF Hedge Fund Activity: Q1 2026 in Review

49 of the 8,127 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily 20+ Year Treasury Bull 3X ETF (TMF) for Q1 2026, worth a combined $135M — up 29% from $105M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of TMF and 11 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 13 added.

The largest buyer was Bank of Montreal, adding an estimated $17M. The largest seller was Quadrature Capital, exiting entirely with an estimated $6.99M sold.

• 49 institutional investors held Direxion Daily 20+ Year Treasury Bull 3X ETF (TMF) as of Q1 2026, down from 52 in Q4 2025.
• Funds reported $135M of Direxion Daily 20+ Year Treasury Bull 3X ETF stock for Q1 2026, up 29% quarter-over-quarter.
• 11 funds opened new Direxion Daily 20+ Year Treasury Bull 3X ETF positions in Q1 2026 and 12 closed out, a net change of -1 holder.
• The largest Direxion Daily 20+ Year Treasury Bull 3X ETF buyer in Q1 2026 was Bank of Montreal, an estimated $17M added.
• The largest Direxion Daily 20+ Year Treasury Bull 3X ETF seller in Q1 2026 was Quadrature Capital, an estimated $6.99M sold.

Based on aggregated 13F filings for Q1 2026.