Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
25 hedge funds and large institutions have $16.3M invested in Direxion Daily 20+ Year Treasury Bear 3X ETF in 2016 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 9 reducing their positions, and 9 closing their positions.
0.44% less ownership
Funds ownership: 2.4% → 1.96% (-0.44%)
3% less call options, than puts
Call options by funds: $13.5M | Put options by funds: $13.9M
19% less funds holding
Funds holding: 31 → 25 (-6)
33% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 9
47% less capital invested
Capital invested by funds: $30.8M → $16.3M (-$14.5M)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$314K |
| 2 |
HCM
Heathbridge Capital Management
Toronto,
Ontario, Canada
|
+$279K |
| 3 |
Simplex Trading
Chicago,
Illinois
|
+$199K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$185K |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
+$80K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$3.06M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$1.02M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.02M |
| 4 |
BNP Paribas Financial Markets
Paris,
France
|
-$1M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$989K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Envestnet Asset Management
Chicago,
Illinois
| – | -$1.02M | -14,521 | Closed |
|
|
TFCP
27
Twin Focus Capital Partners
Boston,
Massachusetts
| – | -$372K | -5,320 | Closed |
|
|
BHA
28
Beech Hill Advisors
New York
| – | -$214K | -3,066 | Closed |
|
29
Credit Agricole
Montrouge Cedex,
France
| – | -$21K | -300 | Closed |
|
30
Citigroup
New York
| – | -$12K | -175 | Closed |
|
31
Bank of America
Charlotte,
North Carolina
| – | -$8K | -120 | Closed |
|
|
CCS
32
Crosspoint Capital Strategies
Orinda,
California
| – | -$6K | -80 | Closed |
|
|
TRCT
33
Tower Research Capital (TRC)
New York
| – | -$1K | -15 | Closed |
|
TMV Hedge Fund Activity: Q1 2016 in Review
25 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 2016, worth a combined $16.3M — down 47% from $30.8M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of TMV and 3 opened new positions — a net loss of 6 holders — while 9 trimmed existing stakes and 6 added.
The largest buyer was Jane Street, adding an estimated $314K. The largest seller was Morgan Stanley, cutting an estimated $3.06M.
- 25 institutional investors held Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) as of Q1 2016, down from 31 in Q4 2015.
- Funds reported $16.3M of Direxion Daily 20+ Year Treasury Bear 3X ETF stock for Q1 2016, down 47% quarter-over-quarter.
- 3 funds opened new Direxion Daily 20+ Year Treasury Bear 3X ETF positions in Q1 2016 and 9 closed out, a net change of -6 holders.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF buyer in Q1 2016 was Jane Street, an estimated $314K added.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF seller in Q1 2016 was Morgan Stanley, an estimated $3.06M sold.
Based on aggregated 13F filings for Q1 2016.