Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
36 hedge funds and large institutions have $71M invested in Direxion Daily 20+ Year Treasury Bear 3X ETF in 2013 Q4 according to their latest regulatory filings, with 13 funds opening new positions, 8 increasing their positions, 9 reducing their positions, and 7 closing their positions.
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
20% more funds holding
Funds holding: 30 → 36 (+6)
17% more capital invested
Capital invested by funds: $60.6M → $71M (+$10.4M)
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
0.14% less ownership
Funds ownership: 4.54% → 4.4% (-0.14%)
11% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 9
21% less call options, than puts
Call options by funds: $44.1M | Put options by funds: $56.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$6.52M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.85M |
| 3 |
VF
Virtu Financial
New York
|
+$2.23M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$1.89M |
| 5 |
Mirae Asset Global Investments
Seoul,
South Korea
|
+$1.39M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
KCM
Key Colony Management
Little Rock,
Arkansas
|
-$4.16M |
| 2 |
EMR
Errol M. Rudman
|
-$3.41M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
-$2.35M |
| 4 |
Morgan Stanley
New York
|
-$2.2M |
| 5 |
BCM
Bluefin Capital Management
New York
|
-$1.1M |
TMV Hedge Fund Activity: Q4 2013 in Review
36 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) for Q4 2013, worth a combined $71M — up 17% from $60.6M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new TMV positions and 7 closed out — a net gain of 6 holders — while 8 added to existing stakes and 9 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $6.52M. The largest seller was Key Colony Management, cutting an estimated $4.16M.
- 36 institutional investors held Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) as of Q4 2013, up from 30 in Q3 2013.
- Funds reported $71M of Direxion Daily 20+ Year Treasury Bear 3X ETF stock for Q4 2013, up 17% quarter-over-quarter.
- 13 funds opened new Direxion Daily 20+ Year Treasury Bear 3X ETF positions in Q4 2013 and 7 closed out, a net change of +6 holders.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF buyer in Q4 2013 was Jane Street, an estimated $6.52M added.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF seller in Q4 2013 was Key Colony Management, an estimated $4.16M sold.
Based on aggregated 13F filings for Q4 2013.