Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
23 hedge funds and large institutions have $18.2M invested in Direxion Daily 20+ Year Treasury Bear 3X ETF in 2017 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 9 reducing their positions, and 7 closing their positions.
8% more call options, than puts
Call options by funds: $14.5M | Put options by funds: $13.4M
0.83% less ownership
Funds ownership: 2.83% → 2% (-0.83%)
18% less funds holding
Funds holding: 28 → 23 (-5)
37% less capital invested
Capital invested by funds: $28.8M → $18.2M (-$10.6M)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
67% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 9
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$4.01M |
| 2 |
VF
Virtu Financial
New York
|
+$1.25M |
| 3 |
Creative Planning
Overland Park,
Kansas
|
+$323K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$194K |
| 5 |
WAM
Wealthspire Advisors (Maryland)
Potomac,
Maryland
|
+$13.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Raffles Associates
New York
|
-$4.88M |
| 2 |
MCM
Moon Capital Management
New York
|
-$2.11M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.99M |
| 4 |
Morgan Stanley
New York
|
-$1.63M |
| 5 |
Wolverine Trading
Chicago,
Illinois
|
-$1.39M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Wolverine Trading
Chicago,
Illinois
| – | -$1.39M | -28,723 | Closed |
|
27
Nomura Holdings
Tokyo,
Japan
| – | -$465K | -9,540 | Closed |
|
|
RIG
28
Roosevelt Investment Group
New York
| – | -$225K | -4,602 | Closed |
|
|
NFG
29
Next Financial Group
Houston,
Texas
| – | -$6K | -120 | Closed |
|
30
Simplex Trading
Chicago,
Illinois
| – | -$3K | -69 | Closed |
|
TMV Hedge Fund Activity: Q3 2017 in Review
23 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) for Q3 2017, worth a combined $18.2M — down 37% from $28.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of TMV and 3 opened new positions — a net loss of 4 holders — while 9 trimmed existing stakes and 3 added.
The largest buyer was Jane Street, adding an estimated $4.01M. The largest seller was Raffles Associates, exiting entirely with an estimated $4.88M sold.
- 23 institutional investors held Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) as of Q3 2017, down from 28 in Q2 2017.
- Funds reported $18.2M of Direxion Daily 20+ Year Treasury Bear 3X ETF stock for Q3 2017, down 37% quarter-over-quarter.
- 3 funds opened new Direxion Daily 20+ Year Treasury Bear 3X ETF positions in Q3 2017 and 7 closed out, a net change of -4 holders.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF buyer in Q3 2017 was Jane Street, an estimated $4.01M added.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF seller in Q3 2017 was Raffles Associates, an estimated $4.88M sold.
Based on aggregated 13F filings for Q3 2017.