Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
29 hedge funds and large institutions have $22.2M invested in Direxion Daily 20+ Year Treasury Bear 3X ETF in 2017 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 8 reducing their positions, and 8 closing their positions.
3.56% less ownership
Funds ownership: 5.59% → 2.03% (-3.6%)
9% less funds holding
Funds holding: 32 → 29 (-3)
14% less call options, than puts
Call options by funds: $12.4M | Put options by funds: $14.4M
38% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 8
38% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 8
67% less capital invested
Capital invested by funds: $67.7M → $22.2M (-$45.4M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$4.62M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.33M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$417K |
| 4 |
Millennium Management
New York
|
+$303K |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$235K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NSLI
Nan Shan Life Insurance
Taipei City,
Taiwan
|
-$32.2M |
| 2 |
Jane Street
New York
|
-$5.5M |
| 3 |
Morgan Stanley
New York
|
-$4.62M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.8M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.06M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FWM
26
Focused Wealth Management
Newburgh,
New York
| $4K | – | – | – |
|
|
LTFS
27
Ladenburg Thalmann Financial Services
Miami,
Florida
| $4K | – | – | – |
|
|
SPIA
28
Steward Partners Investment Advisory
New York
| $1K | – | – | – |
|
|
NSLI
29
Nan Shan Life Insurance
Taipei City,
Taiwan
| – | -$32.2M | -537,240 | Closed |
|
|
30
Jane Street
New York
| – | -$5.5M | -95,089 | Closed |
|
|
31
Citadel Advisors
Miami,
Florida
| – | -$1.06M | -18,285 | Closed |
|
32
BNP Paribas Financial Markets
Paris,
France
| – | -$1.05M | -17,527 | Closed |
|
33
Simplex Trading
Chicago,
Illinois
| – | -$720K | -12,025 | Closed |
|
|
MC
34
Moors & Cabot
Boston,
Massachusetts
| – | -$419K | -6,982 | Closed |
|
|
KWMG
35
King Wealth Management Group
Naples,
Florida
| – | -$203K | -3,380 | Closed |
|
36
Bank of America
Charlotte,
North Carolina
| – | -$96K | -1,600 | Closed |
|
TMV Hedge Fund Activity: Q1 2017 in Review
29 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) for Q1 2017, worth a combined $22.2M — down 67% from $67.7M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of TMV and 5 opened new positions — a net loss of 3 holders — while 8 trimmed existing stakes and 5 added.
The largest buyer was Bank of Montreal, opening a new position worth an estimated $4.62M. The largest seller was Nan Shan Life Insurance, exiting entirely with an estimated $32.2M sold.
- 29 institutional investors held Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) as of Q1 2017, down from 32 in Q4 2016.
- Funds reported $22.2M of Direxion Daily 20+ Year Treasury Bear 3X ETF stock for Q1 2017, down 67% quarter-over-quarter.
- 5 funds opened new Direxion Daily 20+ Year Treasury Bear 3X ETF positions in Q1 2017 and 8 closed out, a net change of -3 holders.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF buyer in Q1 2017 was Bank of Montreal, an estimated $4.62M added.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF seller in Q1 2017 was Nan Shan Life Insurance, an estimated $32.2M sold.
Based on aggregated 13F filings for Q1 2017.