Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
27 hedge funds and large institutions have $42M invested in Direxion Daily 20+ Year Treasury Bear 3X ETF in 2025 Q1 according to their latest regulatory filings, with 4 funds opening new positions, 10 increasing their positions, 9 reducing their positions, and 4 closing their positions.
680% more call options, than puts
Call options by funds: $45.4M | Put options by funds: $5.82M
11% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 9
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
1.11% less ownership
Funds ownership: 25.28% → 24.17% (-1.1%)
4% less funds holding
Funds holding: 28 → 27 (-1)
12% less capital invested
Capital invested by funds: $47.7M → $42M (-$5.67M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$3.93M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.84M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$550K |
| 4 |
Squarepoint
New York
|
+$294K |
| 5 |
CSP
Cary Street Partners
Richmond,
Virginia
|
+$281K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JF
Jump Financial
Chicago,
Illinois
|
-$3.65M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
-$741K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$609K |
| 4 |
PCM
Prelude Capital Management
New York
|
-$589K |
| 5 |
IMC Chicago
Chicago,
Illinois
|
-$442K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
EWA
26
EQ Wealth Advisors
Dallas,
Texas
| $278 | +$301 | +8 | New |
|
|
HNB
27
Huntington National Bank
Columbus,
Ohio
| $35 | – | – | – |
|
28
Optiver Holding
Amsterdam,
Netherlands
| $35 | +$38 | +1 | New |
|
|
29
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$609K | -15,329 | Closed |
|
|
HT
30
Headlands Technologies
Chicago,
Illinois
| – | -$18K | -453 | Closed |
|
|
PCWA
31
Pacific Capital Wealth Advisors
Corona,
California
| – | -$6.52K | -164 | Closed |
|
32
JP Morgan Chase
New York
| – | -$238 | -6 | Closed |
|
TMV Hedge Fund Activity: Q1 2025 in Review
27 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) for Q1 2025, worth a combined $42M — down 12% from $47.7M a quarter earlier.
Fund positioning in TMV was balanced in Q1 2025: 4 funds opened new positions, 4 closed out, 10 added to existing stakes and 9 trimmed.
The largest buyer was Renaissance Technologies, adding an estimated $3.93M. The largest seller was Jump Financial, cutting an estimated $3.65M.
- 27 institutional investors held Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) as of Q1 2025, down from 28 in Q4 2024.
- Funds reported $42M of Direxion Daily 20+ Year Treasury Bear 3X ETF stock for Q1 2025, down 12% quarter-over-quarter.
- 4 funds opened new Direxion Daily 20+ Year Treasury Bear 3X ETF positions in Q1 2025 and 4 closed out, a net change of 0 holders.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF buyer in Q1 2025 was Renaissance Technologies, an estimated $3.93M added.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF seller in Q1 2025 was Jump Financial, an estimated $3.65M sold.
Based on aggregated 13F filings for Q1 2025.