Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
31 hedge funds and large institutions have $30.8M invested in Direxion Daily 20+ Year Treasury Bear 3X ETF in 2015 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 13 increasing their positions, 9 reducing their positions, and 8 closing their positions.
44% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 9
0.34% less ownership
Funds ownership: 2.74% → 2.4% (-0.34%)
14% less funds holding
Funds holding: 36 → 31 (-5)
17% less capital invested
Capital invested by funds: $37.1M → $30.8M (-$6.33M)
50% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 8
53% less call options, than puts
Call options by funds: $12M | Put options by funds: $25.6M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$5.67M |
| 2 |
HK
Horizon Kinetics
New York
|
+$4.62M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$1.22M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$492K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$169K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
-$11M |
| 2 |
Jane Street
New York
|
-$5.41M |
| 3 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
-$1.21M |
| 4 |
UAS
United Asset Strategies
Garden City,
New York
|
-$886K |
| 5 |
Barclays
London,
United Kingdom
|
-$451K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VNA
26
Valley National Advisers
Bethlehem,
Pennsylvania
| $20K | -$21.4K | -306 | -52% |
|
27
Citigroup
New York
| $12K | -$33.2K | -475 | -73% |
|
28
Bank of America
Charlotte,
North Carolina
| $8K | +$3.35K | +48 | +67% |
|
|
CCS
29
Crosspoint Capital Strategies
Orinda,
California
| $6K | +$5.59K | +80 | New |
|
|
TRCT
30
Tower Research Capital (TRC)
New York
| $1K | -$4.54K | -65 | -81% |
|
|
NSLI
31
Nan Shan Life Insurance
Taipei City,
Taiwan
| – | -$11M | -160,000 | Closed |
|
|
CA
32
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
| – | -$1.21M | -17,602 | Closed |
|
|
UAS
33
United Asset Strategies
Garden City,
New York
| – | -$886K | -12,894 | Closed |
|
|
CT
34
CMT Trading
Chicago,
Illinois
| – | -$335K | -4,868 | Closed |
|
|
HR
35
Howe & Rusling
Rochester,
New York
| – | -$2K | -30 | Closed |
|
|
RPG
36
Risk Paradigm Group
Austin,
Texas
| – | -$2.01K | -29 | Closed |
|
37
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$2K | -27 | Closed |
|
|
AA
38
Apriem Advisors
Irvine,
California
| – | +$140 | +2 | New |
|
TMV Hedge Fund Activity: Q4 2015 in Review
31 of the 3,812 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) for Q4 2015, worth a combined $30.8M — down 17% from $37.1M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of TMV and 4 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 13 added.
The largest buyer was Morgan Stanley, adding an estimated $5.67M. The largest seller was Nan Shan Life Insurance, exiting entirely with an estimated $11M sold.
- 31 institutional investors held Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) as of Q4 2015, down from 36 in Q3 2015.
- Funds reported $30.8M of Direxion Daily 20+ Year Treasury Bear 3X ETF stock for Q4 2015, down 17% quarter-over-quarter.
- 4 funds opened new Direxion Daily 20+ Year Treasury Bear 3X ETF positions in Q4 2015 and 8 closed out, a net change of -4 holders.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF buyer in Q4 2015 was Morgan Stanley, an estimated $5.67M added.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF seller in Q4 2015 was Nan Shan Life Insurance, an estimated $11M sold.
Based on aggregated 13F filings for Q4 2015.