Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
31 hedge funds and large institutions have $75.4M invested in Direxion Daily 20+ Year Treasury Bear 3X ETF in 2014 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 12 increasing their positions, 8 reducing their positions, and 8 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
50% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 8
31% more capital invested
Capital invested by funds: $57.8M → $75.4M (+$17.6M)
0.68% more ownership
Funds ownership: 4% → 4.68% (+0.68%)
11% less funds holding
Funds holding: 35 → 31 (-4)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
57% less call options, than puts
Call options by funds: $12.3M | Put options by funds: $28.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$8.35M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
+$8.23M |
| 3 |
NYLIM
New York Life Investment Management
New York
|
+$4.59M |
| 4 |
PSW
Portfolio Strategies (Washington)
Tacoma,
Washington
|
+$3.54M |
| 5 |
Morgan Stanley
New York
|
+$2.79M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$7.4M |
| 2 |
Jane Street
New York
|
-$2.39M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.37M |
| 4 |
Barclays
London,
United Kingdom
|
-$826K |
| 5 |
Creative Planning
Overland Park,
Kansas
|
-$811K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Credit Agricole
Montrouge Cedex,
France
| $24K | – | – | – |
|
27
Bank of America
Charlotte,
North Carolina
| $16K | -$35.3K | -272 | -67% |
|
|
FWM
28
Focused Wealth Management
Newburgh,
New York
| $14K | +$6.37K | +49 | +69% |
|
|
MFS
29
MSI Financial Services
Springfield,
Massachusetts
| $11K | – | – | – |
|
|
RIA
30
Regal Investment Advisors
Kentwood,
Michigan
| $10K | – | – | – |
|
|
U
31
UBS
Zurich,
Switzerland
| $3K | -$134K | -1,031 | -98% |
|
|
LTFS
32
Ladenburg Thalmann Financial Services
Miami,
Florida
| $2K | – | – | – |
|
|
33
Jane Street
New York
| – | -$2.39M | -18,396 | Closed |
|
|
34
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$1.37M | -10,574 | Closed |
|
|
VF
35
Virtu Financial
New York
| – | -$582K | -4,090 | Closed |
|
36
Citadel Advisors
Miami,
Florida
| – | -$270K | -1,897 | Closed |
|
|
VKH
37
Virtu KCG Holdings
New York
| – | -$258K | -1,812 | Closed |
|
|
BCM
38
Blume Capital Management
Berkeley,
California
| – | -$57K | -400 | Closed |
|
39
Citigroup
New York
| – | -$11K | -80 | Closed |
|
40
US Bancorp
Minneapolis,
Minnesota
| – | -$6K | -40 | Closed |
|
TMV Hedge Fund Activity: Q2 2014 in Review
31 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) for Q2 2014, worth a combined $75.4M — up 31% from $57.8M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of TMV and 4 opened new positions — a net loss of 4 holders — while 8 trimmed existing stakes and 12 added.
The largest buyer was United Capital Financial Advisors, adding an estimated $8.35M. The largest seller was Royal Bank of Canada, cutting an estimated $7.4M.
- 31 institutional investors held Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) as of Q2 2014, down from 35 in Q1 2014.
- Funds reported $75.4M of Direxion Daily 20+ Year Treasury Bear 3X ETF stock for Q2 2014, up 31% quarter-over-quarter.
- 4 funds opened new Direxion Daily 20+ Year Treasury Bear 3X ETF positions in Q2 2014 and 8 closed out, a net change of -4 holders.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF buyer in Q2 2014 was United Capital Financial Advisors, an estimated $8.35M added.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF seller in Q2 2014 was Royal Bank of Canada, an estimated $7.4M sold.
Based on aggregated 13F filings for Q2 2014.