Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
28 hedge funds and large institutions have $76M invested in Direxion Daily 20+ Year Treasury Bear 3X ETF in 2023 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 10 closing their positions.
70% more call options, than puts
Call options by funds: $35.7M | Put options by funds: $21M
29% more capital invested
Capital invested by funds: $58.7M → $76M (+$17.3M)
25.89% more ownership
Funds ownership: 17.51% → 43.39% (+26%)
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
3% less funds holding
Funds holding: 29 → 28 (-1)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$41.7M |
| 2 |
VF
Virtu Financial
New York
|
+$14.2M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
+$6.97M |
| 4 |
JF
Jump Financial
Chicago,
Illinois
|
+$6.21M |
| 5 |
Renaissance Technologies
New York
|
+$3.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$9.6M |
| 2 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
-$6.27M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$4.4M |
| 4 |
TPWA
TRUE Private Wealth Advisors
Salem,
Oregon
|
-$2.84M |
| 5 |
Goldman Sachs
New York
|
-$1.37M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $6.07K | -$557K | -13,586 | -99% |
|
|
IPW
27
Impact Partnership Wealth
Marietta,
Georgia
| $2.37K | +$3.28K | +80 | New |
|
|
CPA
28
Clear Point Advisors
Melville,
New York
| $597 | +$820 | +20 | New |
|
|
HNB
29
Huntington National Bank
Columbus,
Ohio
| $30 | – | – | – |
|
|
EF
30
Empowered Funds
Havertown,
Pennsylvania
| – | -$6.27M | -142,032 | Closed |
|
|
TPWA
31
TRUE Private Wealth Advisors
Salem,
Oregon
| – | -$2.84M | -64,406 | Closed |
|
|
GS
32
GTS Securities
New York
| – | -$1.3M | -31,627 | Closed |
|
|
33
Goldman Sachs
New York
| – | -$1.37M | -31,014 | Closed |
|
34
Walleye Capital
New York
| – | -$900K | -20,400 | Closed |
|
|
BAM
35
Brave Asset Management
Summit,
New Jersey
| – | -$318K | -7,200 | Closed |
|
|
MIG
36
McGuire Investment Group
Wakefield,
Rhode Island
| – | -$230K | -5,200 | Closed |
|
37
Qube Research & Technologies (QRT)
London,
United Kingdom
| – | -$21.1K | -479 | Closed |
|
|
TWM
38
Tradition Wealth Management
Edina,
Minnesota
| – | -$4K | -80 | Closed |
|
39
Fidelity Investments
Boston,
Massachusetts
| – | -$44 | -1 | Closed |
|
TMV Hedge Fund Activity: Q4 2023 in Review
28 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) for Q4 2023, worth a combined $76M — up 29% from $58.7M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of TMV and 9 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 9 added.
The largest buyer was HRT Financial, adding an estimated $41.7M. The largest seller was Jane Street, cutting an estimated $9.6M.
- 28 institutional investors held Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) as of Q4 2023, down from 29 in Q3 2023.
- Funds reported $76M of Direxion Daily 20+ Year Treasury Bear 3X ETF stock for Q4 2023, up 29% quarter-over-quarter.
- 9 funds opened new Direxion Daily 20+ Year Treasury Bear 3X ETF positions in Q4 2023 and 10 closed out, a net change of -1 holder.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF buyer in Q4 2023 was HRT Financial, an estimated $41.7M added.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF seller in Q4 2023 was Jane Street, an estimated $9.6M sold.
Based on aggregated 13F filings for Q4 2023.