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Direxion Daily 20+ Year Treasury Bull 3X ETF

18 hedge funds and large institutions have $20.5M 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.

New
Increased
Maintained
Reduced
Closed

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: 11 (0)

0% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 7

1.03% less ownership

Funds ownership: 1.79%0.76% (-1%)

5% less funds holding

Funds holding: 1918 (-1)

33% less repeat investments, than reductions

Existing positions increased: 4 | Existing positions reduced: 6

54% less capital invested

Capital invested by funds: $44.9M → $20.5M (-$24.4M)

Holders
18
Holders Change
-1
Holders Change %
-5.26%
% of All Funds
0.37%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.02%
New
7
Increased
4
Reduced
6
Closed
7
Calls
$26.8M
Puts
$20.5M
Net Calls
+$6.32M
Net Calls Change
-$384K
Name Holding Trade Value Shares
Change
Change in
Stake
TCM
1
Tuttle Capital Management
Connecticut
$6.72M +$4.54M +10,932 +195%
Jane Street
2
Jane Street
New York
$5.65M -$1.68M -4,047 -23%
SG Americas Securities
3
SG Americas Securities
New York
$2.31M -$1.02M -2,443 -30%
Bank of Montreal
4
Bank of Montreal
Ontario, Canada
$1.17M +$1.12M +2,707 New
VF
5
Virtu Financial
New York
$1.12M +$1.15M +2,756 New
Morgan Stanley
6
Morgan Stanley
New York
$1.01M -$551K -1,325 -35%
RA
7
Rational Advisors
New York
$797K +$657K +1,582 +419%
Nomura Asset Management
8
Nomura Asset Management
Japan
$723K +$398K +957 +117%
Wolverine Trading
9
Wolverine Trading
Illinois
$321K +$324K +779 New
Barclays
10
Barclays
United Kingdom
$263K -$438K -1,055 -62%
HAIM
11
Hunter Associates Investment Management
Pennsylvania
$250K +$256K +615 New
UBS Group
12
UBS Group
Switzerland
$142K +$34.9K +84 +32%
CG
13
Cutler Group
California
$28K -$3.04M -7,315 -99%
TRCT
14
Tower Research Capital (TRC)
New York
$18K -$4.16K -10 -18%
Simplex Trading
15
Simplex Trading
Illinois
$2K
IFAM
16
Institutional & Family Asset Management
Colorado
$2K +$2.08K +5 New
SI
17
Sprott Inc
Ontario, Canada
$224 +$229K +550 New
ACM
18
Avalon Capital Management
California
-$12.7M -30,210 Closed
Susquehanna International Group
19
Susquehanna International Group
Pennsylvania
-$7.79M -18,746 Closed
HF
20
HRT Financial
New York
-$2.31M -5,499 Closed
NAM
21
Nexpoint Asset Management
Texas
-$2.25M -5,340 Closed
Citadel Advisors
22
Citadel Advisors
Florida
-$229K -550 Closed
Royal Bank of Canada
23
Royal Bank of Canada
Ontario, Canada
-$69K -164 Closed
SL
24
Savior LLC
Massachusetts
-$1K -2 Closed
Bank of America
25
Bank of America
North Carolina
+$416 +1 New

TMF Hedge Fund Activity: Q2 2020 in Review

18 of the 4,878 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 $20.5M — 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 $20.5M 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.