Direxion Daily 20+ Year Treasury Bull 3X ETF
66 hedge funds and large institutions have $199M invested in Direxion Daily 20+ Year Treasury Bull 3X ETF in 2025 Q1 according to their latest regulatory filings, with 17 funds opening new positions, 21 increasing their positions, 17 reducing their positions, and 19 closing their positions.
45% more call options, than puts
Call options by funds: $212M | Put options by funds: $146M
24% more repeat investments, than reductions
Existing positions increased: 21 | Existing positions reduced: 17
21% more capital invested
Capital invested by funds: $164M → $199M (+$35.2M)
0.58% more ownership
Funds ownership: 3.18% → 3.76% (+0.58%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
4% less funds holding
Funds holding: 69 → 66 (-3)
11% less first-time investments, than exits
New positions opened: 17 | Existing positions closed: 19
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MRCP
Maple Rock Capital Partners
Toronto,
Ontario, Canada
|
+$39.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$22.9M |
| 3 |
GS
GTS Securities
New York
|
+$9.59M |
| 4 |
JF
Jump Financial
Chicago,
Illinois
|
+$7.43M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.2M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$43.7M |
| 2 |
QC
Quadrature Capital
London,
United Kingdom
|
-$13.1M |
| 3 |
Group One Trading
Chicago,
Illinois
|
-$6.68M |
| 4 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
-$5.21M |
| 5 |
JP Morgan Chase
New York
|
-$3.69M |
TMF Hedge Fund Activity: Q1 2025 in Review
66 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily 20+ Year Treasury Bull 3X ETF (TMF) for Q1 2025, worth a combined $199M — up 21% from $164M a quarter earlier.
Sellers outnumbered buyers: 19 funds closed out of TMF and 17 opened new positions — a net loss of 2 holders — while 17 trimmed existing stakes and 21 added.
The largest buyer was Maple Rock Capital Partners, opening a new position worth an estimated $39.6M. The largest seller was Jane Street, exiting entirely with an estimated $43.7M sold.
- 66 institutional investors held Direxion Daily 20+ Year Treasury Bull 3X ETF (TMF) as of Q1 2025, down from 69 in Q4 2024.
- Funds reported $199M of Direxion Daily 20+ Year Treasury Bull 3X ETF stock for Q1 2025, up 21% quarter-over-quarter.
- 17 funds opened new Direxion Daily 20+ Year Treasury Bull 3X ETF positions in Q1 2025 and 19 closed out, a net change of -2 holders.
- The largest Direxion Daily 20+ Year Treasury Bull 3X ETF buyer in Q1 2025 was Maple Rock Capital Partners, an estimated $39.6M added.
- The largest Direxion Daily 20+ Year Treasury Bull 3X ETF seller in Q1 2025 was Jane Street, an estimated $43.7M sold.
Based on aggregated 13F filings for Q1 2025.