Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
28 hedge funds and large institutions have $35.6M invested in Direxion Daily 20+ Year Treasury Bear 3X ETF in 2025 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 4 closing their positions.
276% more call options, than puts
Call options by funds: $46.7M | Put options by funds: $12.4M
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
4% more funds holding
Funds holding: 27 → 28 (+1)
4.48% less ownership
Funds ownership: 24.17% → 19.68% (-4.5%)
15% less capital invested
Capital invested by funds: $42M → $35.6M (-$6.4M)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SFG
Snider Financial Group
Bellevue,
Washington
|
+$1.94M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
+$1.46M |
| 3 |
VF
Virtu Financial
New York
|
+$1.08M |
| 4 |
Squarepoint
New York
|
+$949K |
| 5 |
SSA
Schonfeld Strategic Advisors
New York
|
+$774K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$8.21M |
| 2 |
Renaissance Technologies
New York
|
-$2.89M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.48M |
| 4 |
JF
Jump Financial
Chicago,
Illinois
|
-$1.12M |
| 5 |
SS
SBI Securities
Tokyo,
Japan
|
-$961K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
CIBC Private Wealth Group
Atlanta,
Georgia
| $7.39K | – | – | – |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| $4.95K | +$4.06K | +105 | +362% |
|
|
EWA
28
EQ Wealth Advisors
Dallas,
Texas
| $296 | – | – | – |
|
|
HNB
29
Huntington National Bank
Columbus,
Ohio
| $37 | – | – | – |
|
30
Wolverine Trading
Chicago,
Illinois
| – | -$868K | -24,291 | Closed |
|
31
Group One Trading
Chicago,
Illinois
| – | -$348K | -10,003 | Closed |
|
|
HCM
32
Hollencrest Capital Management
Newport Beach,
California
| – | -$10.6K | -306 | Closed |
|
33
UBS Group
Zurich,
Switzerland
| – | -$2.99K | -86 | Closed |
|
TMV Hedge Fund Activity: Q2 2025 in Review
28 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) for Q2 2025, worth a combined $35.6M — down 15% from $42M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new TMV positions and 4 closed out — a net gain of 1 holder — while 7 added to existing stakes and 9 trimmed.
The largest buyer was Snider Financial Group, opening a new position worth an estimated $1.94M. The largest seller was Jane Street, cutting an estimated $8.21M.
- 28 institutional investors held Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) as of Q2 2025, up from 27 in Q1 2025.
- Funds reported $35.6M of Direxion Daily 20+ Year Treasury Bear 3X ETF stock for Q2 2025, down 15% quarter-over-quarter.
- 5 funds opened new Direxion Daily 20+ Year Treasury Bear 3X ETF positions in Q2 2025 and 4 closed out, a net change of +1 holder.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF buyer in Q2 2025 was Snider Financial Group, an estimated $1.94M added.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF seller in Q2 2025 was Jane Street, an estimated $8.21M sold.
Based on aggregated 13F filings for Q2 2025.