Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
21 hedge funds and large institutions have $27.9M invested in Direxion Daily 20+ Year Treasury Bear 3X ETF in 2026 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 9 closing their positions.
279% more call options, than puts
Call options by funds: $36.5M | Put options by funds: $9.63M
1.82% less ownership
Funds ownership: 17.92% → 16.1% (-1.8%)
7% less capital invested
Capital invested by funds: $29.9M → $27.9M (-$2M)
13% less funds holding
Funds holding: 24 → 21 (-3)
22% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 9
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.46M |
| 2 |
Jane Street
New York
|
+$2.24M |
| 3 |
Renaissance Technologies
New York
|
+$1.92M |
| 4 |
JF
Jump Financial
Chicago,
Illinois
|
+$386K |
| 5 |
GS
GTS Securities
New York
|
+$293K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
-$2.01M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$1.7M |
| 3 |
MMA
Miracle Mile Advisors
Los Angeles,
California
|
-$1.48M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$1.47M |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$1.1M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Simplex Trading
Chicago,
Illinois
| – | -$1.1M | -29,653 | Closed |
|
|
QC
27
Quadrature Capital
London,
United Kingdom
| – | -$614K | -16,531 | Closed |
|
|
VF
28
Virtu Financial
New York
| – | -$613K | -16,503 | Closed |
|
|
HT
29
Headlands Technologies
Chicago,
Illinois
| – | -$208K | -5,585 | Closed |
|
|
RG
30
RHL Group
Holly,
Michigan
| – | -$1.49K | -40 | Closed |
|
|
EWA
31
EQ Wealth Advisors
Dallas,
Texas
| – | -$297 | -8 | Closed |
|
TMV Hedge Fund Activity: Q1 2026 in Review
21 of the 8,126 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) for Q1 2026, worth a combined $27.9M — down 6.7% from $29.9M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of TMV and 7 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 5 added.
The largest buyer was Susquehanna International Group, adding an estimated $2.46M. The largest seller was IMC Chicago, exiting entirely with an estimated $2.01M sold.
- 21 institutional investors held Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) as of Q1 2026, down from 24 in Q4 2025.
- Funds reported $27.9M of Direxion Daily 20+ Year Treasury Bear 3X ETF stock for Q1 2026, down 6.7% quarter-over-quarter.
- 7 funds opened new Direxion Daily 20+ Year Treasury Bear 3X ETF positions in Q1 2026 and 9 closed out, a net change of -2 holders.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF buyer in Q1 2026 was Susquehanna International Group, an estimated $2.46M added.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF seller in Q1 2026 was IMC Chicago, an estimated $2.01M sold.
Based on aggregated 13F filings for Q1 2026.