Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
32 hedge funds and large institutions have $18.8M invested in Direxion Daily 20+ Year Treasury Bear 3X ETF in 2015 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 7 increasing their positions, 13 reducing their positions, and 7 closing their positions.
1.35% less ownership
Funds ownership: 3.25% → 1.9% (-1.3%)
9% less funds holding
Funds holding: 35 → 32 (-3)
28% less call options, than puts
Call options by funds: $11M | Put options by funds: $15.3M
43% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 7
46% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 13
55% less capital invested
Capital invested by funds: $42M → $18.8M (-$23.1M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFFS
Stonehage Fleming Financial Services
St. Helier,
Jersey
|
+$1.04M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
+$858K |
| 3 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
+$435K |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
+$433K |
| 5 |
Barclays
London,
United Kingdom
|
+$282K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$3.89M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.44M |
| 3 |
Morgan Stanley
New York
|
-$1.18M |
| 4 |
UAS
United Asset Strategies
Garden City,
New York
|
-$1.15M |
| 5 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$970K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $9K | +$4.77K | +69 | +96% |
|
|
FWM
27
Focused Wealth Management
Newburgh,
New York
| $6K | -$2.08K | -30 | -24% |
|
|
MFS
28
MSI Financial Services
Springfield,
Massachusetts
| $6K | – | – | – |
|
|
LTFS
29
Ladenburg Thalmann Financial Services
Miami,
Florida
| $4K | +$3.04K | +44 | +220% |
|
30
Fifth Third Bancorp
Cincinnati,
Ohio
| $2K | -$76.1K | -1,100 | -98% |
|
31
Simplex Trading
Chicago,
Illinois
| $2K | +$2.77K | +40 | New |
|
32
Citigroup
New York
| $1K | -$2.84K | -41 | -72% |
|
|
VF
33
Virtu Financial
New York
| – | -$3.89M | -49,001 | Closed |
|
|
34
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$970K | -12,240 | Closed |
|
|
EWM
35
Edge Wealth Management
New York
| – | -$638K | -8,000 | Closed |
|
|
MHS
36
M Holdings Securities
Portland,
Oregon
| – | -$205K | -2,583 | Closed |
|
|
QC
37
QCM Cayman
Houston,
Texas
| – | -$201K | -2,533 | Closed |
|
|
RIA
38
Regal Investment Advisors
Kentwood,
Michigan
| – | -$6K | -80 | Closed |
|
|
BRWA
39
B. Riley Wealth Advisors
Boca Raton,
Florida
| – | -$3 | -40 | Closed |
|
TMV Hedge Fund Activity: Q1 2015 in Review
32 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) for Q1 2015, worth a combined $18.8M — down 55% from $42M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of TMV and 4 opened new positions — a net loss of 3 holders — while 13 trimmed existing stakes and 7 added.
The largest buyer was Stonehage Fleming Financial Services, opening a new position worth an estimated $1.04M. The largest seller was Virtu Financial, exiting entirely with an estimated $3.89M sold.
- 32 institutional investors held Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) as of Q1 2015, down from 35 in Q4 2014.
- Funds reported $18.8M of Direxion Daily 20+ Year Treasury Bear 3X ETF stock for Q1 2015, down 55% quarter-over-quarter.
- 4 funds opened new Direxion Daily 20+ Year Treasury Bear 3X ETF positions in Q1 2015 and 7 closed out, a net change of -3 holders.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF buyer in Q1 2015 was Stonehage Fleming Financial Services, an estimated $1.04M added.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF seller in Q1 2015 was Virtu Financial, an estimated $3.89M sold.
Based on aggregated 13F filings for Q1 2015.