Direxion Daily 20+ Year Treasury Bull 3X ETF
63 hedge funds and large institutions have $148M invested in Direxion Daily 20+ Year Treasury Bull 3X ETF in 2025 Q2 according to their latest regulatory filings, with 15 funds opening new positions, 18 increasing their positions, 14 reducing their positions, and 18 closing their positions.
29% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 14
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.81% less ownership
Funds ownership: 3.76% → 2.95% (-0.81%)
5% less call options, than puts
Call options by funds: $220M | Put options by funds: $231M
5% less funds holding
Funds holding: 66 → 63 (-3)
17% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 18
26% less capital invested
Capital invested by funds: $199M → $148M (-$51.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JF
Jump Financial
Chicago,
Illinois
|
+$9.97M |
| 2 |
Citigroup
New York
|
+$6.44M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$6.44M |
| 4 |
VF
Virtu Financial
New York
|
+$5.87M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$4.1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MRCP
Maple Rock Capital Partners
Toronto,
Ontario, Canada
|
-$41.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$21.1M |
| 3 |
GS
GTS Securities
New York
|
-$7.03M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$6.44M |
| 5 |
JP Morgan Chase
New York
|
-$3.58M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
Commonwealth Equity Services
Waltham,
Massachusetts
| – | -$221K | -5,021 | Closed |
|
|
TAM
77
Tucker Asset Management
Littleton,
Colorado
| – | -$104K | -2,367 | Closed |
|
|
MAM
78
Morse Asset Management
Darien,
Connecticut
| – | -$44K | -1,000 | Closed |
|
|
SC
79
SouthState Corp
Winter Haven,
Florida
| – | -$4.14K | -94 | Closed |
|
80
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$4.05K | -92 | Closed |
|
|
SIS
81
Sound Income Strategies
Ft Lauderdale,
Florida
| – | -$171 | -4 | Closed |
|
TMF Hedge Fund Activity: Q2 2025 in Review
63 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily 20+ Year Treasury Bull 3X ETF (TMF) for Q2 2025, worth a combined $148M — down 26% from $199M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of TMF and 15 opened new positions — a net loss of 3 holders — while 14 trimmed existing stakes and 18 added.
The largest buyer was Jump Financial, adding an estimated $9.97M. The largest seller was Maple Rock Capital Partners, exiting entirely with an estimated $41.6M sold.
- 63 institutional investors held Direxion Daily 20+ Year Treasury Bull 3X ETF (TMF) as of Q2 2025, down from 66 in Q1 2025.
- Funds reported $148M of Direxion Daily 20+ Year Treasury Bull 3X ETF stock for Q2 2025, down 26% quarter-over-quarter.
- 15 funds opened new Direxion Daily 20+ Year Treasury Bull 3X ETF positions in Q2 2025 and 18 closed out, a net change of -3 holders.
- The largest Direxion Daily 20+ Year Treasury Bull 3X ETF buyer in Q2 2025 was Jump Financial, an estimated $9.97M added.
- The largest Direxion Daily 20+ Year Treasury Bull 3X ETF seller in Q2 2025 was Maple Rock Capital Partners, an estimated $41.6M sold.
Based on aggregated 13F filings for Q2 2025.