Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
25 hedge funds and large institutions have $15M invested in Direxion Daily 20+ Year Treasury Bear 3X ETF in 2019 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 8 increasing their positions, 2 reducing their positions, and 4 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 2
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
84% more capital invested
Capital invested by funds: $8.16M → $15M (+$6.88M)
62% more call options, than puts
Call options by funds: $6.74M | Put options by funds: $4.15M
25% more funds holding
Funds holding: 20 → 25 (+5)
2.75% more ownership
Funds ownership: 2% → 4.74% (+2.7%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$4.48M |
| 2 |
VF
Virtu Financial
New York
|
+$1.83M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.28M |
| 4 |
XS
XR Securities
Chicago,
Illinois
|
+$961K |
| 5 |
Jane Street
New York
|
+$647K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$887K |
| 2 |
Parallax Volatility Advisers
San Francisco,
California
|
-$87K |
| 3 |
Morgan Stanley
New York
|
-$48.4K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$41.1K |
| 5 |
CCMW
Cypress Capital Management (Wyoming)
Sheridan,
Wyoming
|
-$7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Parallax Volatility Advisers
San Francisco,
California
| – | -$87K | -2,560 | Closed |
|
|
CCMW
27
Cypress Capital Management (Wyoming)
Sheridan,
Wyoming
| – | -$7K | -200 | Closed |
|
|
PWMG
28
Prestige Wealth Management Group
Flemington,
New Jersey
| – | -$2K | -64 | Closed |
|
TMV Hedge Fund Activity: Q3 2019 in Review
25 of the 4,561 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) for Q3 2019, worth a combined $15M — up 84% from $8.16M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TMV positions and 4 closed out — a net gain of 5 holders — while 8 added to existing stakes and 2 trimmed.
The largest buyer was IMC Chicago, opening a new position worth an estimated $4.48M. The largest seller was Renaissance Technologies, exiting entirely with an estimated $887K sold.
- 25 institutional investors held Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) as of Q3 2019, up from 20 in Q2 2019.
- Funds reported $15M of Direxion Daily 20+ Year Treasury Bear 3X ETF stock for Q3 2019, up 84% quarter-over-quarter.
- 9 funds opened new Direxion Daily 20+ Year Treasury Bear 3X ETF positions in Q3 2019 and 4 closed out, a net change of +5 holders.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF buyer in Q3 2019 was IMC Chicago, an estimated $4.48M added.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF seller in Q3 2019 was Renaissance Technologies, an estimated $887K sold.
Based on aggregated 13F filings for Q3 2019.