Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
32 hedge funds and large institutions have $67.7M invested in Direxion Daily 20+ Year Treasury Bear 3X ETF in 2016 Q4 according to their latest regulatory filings, with 8 funds opening new positions, 11 increasing their positions, 5 reducing their positions, and 8 closing their positions.
120% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 5
90% more capital invested
Capital invested by funds: $35.7M → $67.7M (+$32M)
1.2% more ownership
Funds ownership: 4.39% → 5.59% (+1.2%)
0% more funds holding
Funds holding: 32 → 32 (0)
0% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 8
33% less call options, than puts
Call options by funds: $14.2M | Put options by funds: $21.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$5.13M |
| 2 |
Morgan Stanley
New York
|
+$4.81M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$3.54M |
| 4 |
OC
Oppenheimer & Co
New York
|
+$1.08M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$986K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HK
Horizon Kinetics
New York
|
-$1.39M |
| 2 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.14M |
| 3 |
VF
Virtu Financial
New York
|
-$612K |
| 4 |
Millennium Management
New York
|
-$269K |
| 5 |
HF
HRT Financial
New York
|
-$188K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| $26K | – | – | – |
|
27
UBS Group
Zurich,
Switzerland
| $25K | – | – | – |
|
|
VNA
28
Valley National Advisers
Bethlehem,
Pennsylvania
| $11K | – | – | – |
|
|
FWM
29
Focused Wealth Management
Newburgh,
New York
| $5K | -$9.06K | -168 | -68% |
|
|
LTFS
30
Ladenburg Thalmann Financial Services
Miami,
Florida
| $5K | -$1.08K | -20 | -20% |
|
|
SPIA
31
Steward Partners Investment Advisory
New York
| $1K | +$1.56K | +29 | New |
|
|
32
Cambridge Investment Research Advisors
Fairfield,
Iowa
| – | -$1.14M | -27,596 | Closed |
|
|
VF
33
Virtu Financial
New York
| – | -$612K | -14,834 | Closed |
|
|
34
Millennium Management
New York
| – | -$269K | -6,512 | Closed |
|
|
HF
35
HRT Financial
New York
| – | -$188K | -4,570 | Closed |
|
|
PFO
36
Pathstone Family Office
Englewood,
New Jersey
| – | -$37K | -898 | Closed |
|
37
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$5K | -120 | Closed |
|
|
JFA
38
JNBA Financial Advisors
Bloomington,
Minnesota
| – | -$5K | -112 | Closed |
|
|
S
39
SignatureFD
Atlanta,
Georgia
| – | -$5K | -112 | Closed |
|
TMV Hedge Fund Activity: Q4 2016 in Review
32 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) for Q4 2016, worth a combined $67.7M — up 90% from $35.7M a quarter earlier.
Fund positioning in TMV was balanced in Q4 2016: 8 funds opened new positions, 8 closed out, 11 added to existing stakes and 5 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $5.13M. The largest seller was Horizon Kinetics, cutting an estimated $1.39M.
- 32 institutional investors held Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) as of Q4 2016, unchanged from Q3 2016.
- Funds reported $67.7M of Direxion Daily 20+ Year Treasury Bear 3X ETF stock for Q4 2016, up 90% quarter-over-quarter.
- 8 funds opened new Direxion Daily 20+ Year Treasury Bear 3X ETF positions in Q4 2016 and 8 closed out, a net change of 0 holders.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF buyer in Q4 2016 was Jane Street, an estimated $5.13M added.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF seller in Q4 2016 was Horizon Kinetics, an estimated $1.39M sold.
Based on aggregated 13F filings for Q4 2016.