Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
27 hedge funds and large institutions have $13.4M invested in Direxion Daily 20+ Year Treasury Bear 3X ETF in 2018 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 11 closing their positions.
2.45% less ownership
Funds ownership: 4.49% → 2.03% (-2.5%)
13% less funds holding
Funds holding: 31 → 27 (-4)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
67% less call options, than puts
Call options by funds: $2.56M | Put options by funds: $7.79M
68% less capital invested
Capital invested by funds: $41.7M → $13.4M (-$28.3M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$1.52M |
| 2 |
Simplex Trading
Chicago,
Illinois
|
+$1.04M |
| 3 |
HF
HRT Financial
New York
|
+$646K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$413K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$349K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$16.4M |
| 2 |
VF
Virtu Financial
New York
|
-$4.04M |
| 3 |
Morgan Stanley
New York
|
-$3.36M |
| 4 |
OAM
Orinda Asset Management
Lafayette,
California
|
-$3.13M |
| 5 |
XS
XR Securities
Chicago,
Illinois
|
-$1.88M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AIM
26
Advantage Investment Management
Cedar Rapids,
Iowa
| $2K | – | – | – |
|
|
OAM
27
Orinda Asset Management
Lafayette,
California
| – | -$3.13M | -59,809 | Closed |
|
28
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$429K | -7,969 | Closed |
|
|
ACM
29
Avalon Capital Management
Port Of Redwood City,
California
| – | -$390K | -7,462 | Closed |
|
30
HighTower Advisors
Chicago,
Illinois
| – | -$320K | -6,167 | Closed |
|
|
CICI
31
Capital Investment Counsel Inc
Raleigh,
North Carolina
| – | -$249K | -4,770 | Closed |
|
|
RIG
32
Roosevelt Investment Group
New York
| – | -$230K | -4,407 | Closed |
|
|
AIP
33
Almanack Investment Partners
Wayne,
Pennsylvania
| – | -$247K | -4,235 | Closed |
|
|
FTUS
34
Flow Traders U.S.
New York
| – | -$212K | -4,056 | Closed |
|
|
SIS
35
Sound Income Strategies
Ft Lauderdale,
Florida
| – | -$7K | -128 | Closed |
|
|
HI
36
Hudock Inc
Williamsport,
Pennsylvania
| – | -$4K | -86 | Closed |
|
|
VNA
37
Valley National Advisers
Bethlehem,
Pennsylvania
| – | -$2K | -44 | Closed |
|
|
ED
38
Exane Derivatives
Paris,
France
| – | -$21 | – | – |
|
TMV Hedge Fund Activity: Q4 2018 in Review
27 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) for Q4 2018, worth a combined $13.4M — down 68% from $41.7M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of TMV and 7 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 5 added.
The largest buyer was Renaissance Technologies, opening a new position worth an estimated $1.52M. The largest seller was Jane Street, cutting an estimated $16.4M.
- 27 institutional investors held Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) as of Q4 2018, down from 31 in Q3 2018.
- Funds reported $13.4M of Direxion Daily 20+ Year Treasury Bear 3X ETF stock for Q4 2018, down 68% quarter-over-quarter.
- 7 funds opened new Direxion Daily 20+ Year Treasury Bear 3X ETF positions in Q4 2018 and 11 closed out, a net change of -4 holders.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF buyer in Q4 2018 was Renaissance Technologies, an estimated $1.52M added.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF seller in Q4 2018 was Jane Street, an estimated $16.4M sold.
Based on aggregated 13F filings for Q4 2018.