Direxion Daily 20+ Year Treasury Bull 3X ETF
18 hedge funds and large institutions have $20.7M invested in Direxion Daily 20+ Year Treasury Bull 3X ETF in 2020 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 4 increasing their positions, 6 reducing their positions, and 7 closing their positions.
31% more call options, than puts
Call options by funds: $26.8M | Put options by funds: $20.5M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
5% less funds holding
Funds holding: 19 → 18 (-1)
10.33% less ownership
Funds ownership: 17.92% → 7.59% (-10%)
33% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 6
54% less capital invested
Capital invested by funds: $44.9M → $20.7M (-$24.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tuttle Capital Management
Riverside,
Connecticut
|
+$4.54M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.12M |
| 3 |
RA
Rational Advisors
Huntington,
New York
|
+$657K |
| 4 |
Nomura Asset Management
Tokyo,
Japan
|
+$398K |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
+$324K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
-$12.7M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$7.79M |
| 3 |
CG
Cutler Group
San Francisco,
California
|
-$3.04M |
| 4 |
HF
HRT Financial
New York
|
-$2.31M |
| 5 |
NAM
Nexpoint Asset Management
Dallas,
Texas
|
-$2.25M |
TMF Hedge Fund Activity: Q2 2020 in Review
18 of the 4,888 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily 20+ Year Treasury Bull 3X ETF (TMF) for Q2 2020, worth a combined $20.7M — down 54% from $44.9M a quarter earlier.
Fund positioning in TMF was balanced in Q2 2020: 7 funds opened new positions, 7 closed out, 4 added to existing stakes and 6 trimmed.
The largest buyer was Tuttle Capital Management, adding an estimated $4.54M. The largest seller was Avalon Capital Management, exiting entirely with an estimated $12.7M sold.
- 18 institutional investors held Direxion Daily 20+ Year Treasury Bull 3X ETF (TMF) as of Q2 2020, down from 19 in Q1 2020.
- Funds reported $20.7M of Direxion Daily 20+ Year Treasury Bull 3X ETF stock for Q2 2020, down 54% quarter-over-quarter.
- 7 funds opened new Direxion Daily 20+ Year Treasury Bull 3X ETF positions in Q2 2020 and 7 closed out, a net change of 0 holders.
- The largest Direxion Daily 20+ Year Treasury Bull 3X ETF buyer in Q2 2020 was Tuttle Capital Management, an estimated $4.54M added.
- The largest Direxion Daily 20+ Year Treasury Bull 3X ETF seller in Q2 2020 was Avalon Capital Management, an estimated $12.7M sold.
Based on aggregated 13F filings for Q2 2020.