Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
31 hedge funds and large institutions have $65.3M invested in Direxion Daily 20+ Year Treasury Bear 3X ETF in 2014 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 11 increasing their positions, 8 reducing their positions, and 3 closing their positions.
38% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 8
0% more funds holding
Funds holding: 31 → 31 (0)
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
1.04% less ownership
Funds ownership: 4.68% → 3.64% (-1%)
13% less capital invested
Capital invested by funds: $75.4M → $65.3M (-$10.1M)
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
60% less call options, than puts
Call options by funds: $11.4M | Put options by funds: $28.7M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$4.7M |
| 2 |
UAS
United Asset Strategies
Garden City,
New York
|
+$1.45M |
| 3 |
OAM
Orinda Asset Management
Lafayette,
California
|
+$1.39M |
| 4 |
Barclays
London,
United Kingdom
|
+$756K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$256K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NYLIM
New York Life Investment Management
New York
|
-$6.34M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$1.67M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.6M |
| 4 |
PSW
Portfolio Strategies (Washington)
Tacoma,
Washington
|
-$944K |
| 5 |
BNP Paribas Financial Markets
Paris,
France
|
-$316K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $47K | – | – | – |
|
27
Credit Agricole
Montrouge Cedex,
France
| $32K | +$11.3K | +100 | +50% |
|
28
US Bancorp
Minneapolis,
Minnesota
| $21K | +$22.6K | +200 | New |
|
|
MFS
29
MSI Financial Services
Springfield,
Massachusetts
| $9K | – | – | – |
|
|
RIA
30
Regal Investment Advisors
Kentwood,
Michigan
| $9K | – | – | – |
|
31
Bank of America
Charlotte,
North Carolina
| $8K | -$6.78K | -60 | -45% |
|
|
LTFS
32
Ladenburg Thalmann Financial Services
Miami,
Florida
| $2K | – | – | – |
|
|
NYLIM
33
New York Life Investment Management
New York
| – | -$6.34M | -52,552 | Closed |
|
|
AA
34
AlphaMark Advisors
Ft. Wright,
Kentucky
| – | -$39K | -320 | Closed |
|
|
FWM
35
Focused Wealth Management
Newburgh,
New York
| – | -$14K | -120 | Closed |
|
TMV Hedge Fund Activity: Q3 2014 in Review
31 of the 3,448 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) for Q3 2014, worth a combined $65.3M — down 13% from $75.4M a quarter earlier.
Fund positioning in TMV was balanced in Q3 2014: 3 funds opened new positions, 3 closed out, 11 added to existing stakes and 8 trimmed.
The largest buyer was Royal Bank of Canada, adding an estimated $4.7M. The largest seller was New York Life Investment Management, exiting entirely with an estimated $6.34M sold.
- 31 institutional investors held Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) as of Q3 2014, unchanged from Q2 2014.
- Funds reported $65.3M of Direxion Daily 20+ Year Treasury Bear 3X ETF stock for Q3 2014, down 13% quarter-over-quarter.
- 3 funds opened new Direxion Daily 20+ Year Treasury Bear 3X ETF positions in Q3 2014 and 3 closed out, a net change of 0 holders.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF buyer in Q3 2014 was Royal Bank of Canada, an estimated $4.7M added.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF seller in Q3 2014 was New York Life Investment Management, an estimated $6.34M sold.
Based on aggregated 13F filings for Q3 2014.