Direxion Daily 20+ Year Treasury Bull 3X ETF
12 hedge funds and large institutions have $11.4M invested in Direxion Daily 20+ Year Treasury Bull 3X ETF in 2020 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 9 closing their positions.
68% more call options, than puts
Call options by funds: $14.7M | Put options by funds: $8.76M
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
0.38% less ownership
Funds ownership: 0.76% → 0.38% (-0.38%)
33% less funds holding
Funds holding: 18 → 12 (-6)
45% less capital invested
Capital invested by funds: $20.5M → $11.4M (-$9.16M)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.52M |
| 2 |
WSTAM
Wilbanks Smith & Thomas Asset Management
Norfolk,
Virginia
|
+$468K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$231K |
| 4 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
+$29.4K |
| 5 |
HAIM
Hunter Associates Investment Management
Pittsburgh,
Pennsylvania
|
+$28.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TCM
Tuttle Capital Management
Riverside,
Connecticut
|
-$6.72M |
| 2 |
SG Americas Securities
New York
|
-$1.25M |
| 3 |
Bank of Montreal
Toronto,
Ontario, Canada
|
-$1.17M |
| 4 |
VF
Virtu Financial
New York
|
-$1.12M |
| 5 |
RA
Rational Advisors
Huntington,
New York
|
-$797K |
TMF Hedge Fund Activity: Q3 2020 in Review
12 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily 20+ Year Treasury Bull 3X ETF (TMF) for Q3 2020, worth a combined $11.4M — down 45% from $20.5M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of TMF and 3 opened new positions — a net loss of 6 holders — while 4 trimmed existing stakes and 5 added.
The largest buyer was Jane Street, adding an estimated $2.52M. The largest seller was Tuttle Capital Management, exiting entirely with an estimated $6.72M sold.
- 12 institutional investors held Direxion Daily 20+ Year Treasury Bull 3X ETF (TMF) as of Q3 2020, down from 18 in Q2 2020.
- Funds reported $11.4M of Direxion Daily 20+ Year Treasury Bull 3X ETF stock for Q3 2020, down 45% quarter-over-quarter.
- 3 funds opened new Direxion Daily 20+ Year Treasury Bull 3X ETF positions in Q3 2020 and 9 closed out, a net change of -6 holders.
- The largest Direxion Daily 20+ Year Treasury Bull 3X ETF buyer in Q3 2020 was Jane Street, an estimated $2.52M added.
- The largest Direxion Daily 20+ Year Treasury Bull 3X ETF seller in Q3 2020 was Tuttle Capital Management, an estimated $6.72M sold.
Based on aggregated 13F filings for Q3 2020.