Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
30 hedge funds and large institutions have $60.6M invested in Direxion Daily 20+ Year Treasury Bear 3X ETF in 2013 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
25% more funds holding
Funds holding: 24 → 30 (+6)
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
1.34% less ownership
Funds ownership: 5.88% → 4.54% (-1.3%)
14% less capital invested
Capital invested by funds: $70.8M → $60.6M (-$10.2M)
52% less call options, than puts
Call options by funds: $29M | Put options by funds: $60.5M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$22.6M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$2.44M |
| 3 |
Barclays
London,
United Kingdom
|
+$951K |
| 4 |
EWM
Edge Wealth Management
New York
|
+$707K |
| 5 |
Nomura Holdings
Tokyo,
Japan
|
+$382K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$19.8M |
| 2 |
Goldman Sachs
New York
|
-$9.41M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.51M |
| 4 |
VF
Virtu Financial
New York
|
-$2.35M |
| 5 |
Jane Street
New York
|
-$2.2M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Ameriprise
Minneapolis,
Minnesota
| $11K | +$11.3K | +64 | New |
|
27
Fifth Third Bancorp
Cincinnati,
Ohio
| $8K | – | – | – |
|
28
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $6K | – | – | – |
|
29
Citigroup
New York
| $6K | +$6.54K | +37 | New |
|
|
LTFS
30
Ladenburg Thalmann Financial Services
Miami,
Florida
| $3K | – | – | – |
|
|
31
Goldman Sachs
New York
| – | -$9.41M | -58,160 | Closed |
|
|
VF
32
Virtu Financial
New York
| – | -$2.35M | -14,530 | Closed |
|
|
33
Jane Street
New York
| – | -$2.2M | -12,472 | Closed |
|
TMV Hedge Fund Activity: Q3 2013 in Review
30 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) for Q3 2013, worth a combined $60.6M — down 14% from $70.8M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TMV positions and 3 closed out — a net gain of 6 holders — while 8 added to existing stakes and 7 trimmed.
The largest buyer was Morgan Stanley, opening a new position worth an estimated $22.6M. The largest seller was Commerzbank Aktiengesellschaft, cutting an estimated $19.8M.
- 30 institutional investors held Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) as of Q3 2013, up from 24 in Q2 2013.
- Funds reported $60.6M of Direxion Daily 20+ Year Treasury Bear 3X ETF stock for Q3 2013, down 14% quarter-over-quarter.
- 9 funds opened new Direxion Daily 20+ Year Treasury Bear 3X ETF positions in Q3 2013 and 3 closed out, a net change of +6 holders.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF buyer in Q3 2013 was Morgan Stanley, an estimated $22.6M added.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF seller in Q3 2013 was Commerzbank Aktiengesellschaft, an estimated $19.8M sold.
Based on aggregated 13F filings for Q3 2013.