Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
35 hedge funds and large institutions have $57.8M invested in Direxion Daily 20+ Year Treasury Bear 3X ETF in 2014 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 10 increasing their positions, 7 reducing their positions, and 10 closing their positions.
43% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 7
0.39% less ownership
Funds ownership: 4.4% → 4% (-0.39%)
3% less funds holding
Funds holding: 36 → 35 (-1)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
19% less capital invested
Capital invested by funds: $71M → $57.8M (-$13.2M)
30% less call options, than puts
Call options by funds: $24.2M | Put options by funds: $34.4M
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$7.65M |
| 2 |
NYLIM
New York Life Investment Management
New York
|
+$2.68M |
| 3 |
Creative Planning
Overland Park,
Kansas
|
+$2.68M |
| 4 |
SG Americas Securities
New York
|
+$1.94M |
| 5 |
Barclays
London,
United Kingdom
|
+$1.23M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.58M |
| 2 |
Jane Street
New York
|
-$3M |
| 3 |
Morgan Stanley
New York
|
-$2.57M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
-$2.17M |
| 5 |
EMR
Errol M. Rudman
|
-$1.96M |
TMV Hedge Fund Activity: Q1 2014 in Review
35 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) for Q1 2014, worth a combined $57.8M — down 19% from $71M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of TMV and 9 opened new positions — a net loss of 1 holder — while 7 trimmed existing stakes and 10 added.
The largest buyer was Royal Bank of Canada, adding an estimated $7.65M. The largest seller was Susquehanna International Group, cutting an estimated $3.58M.
- 35 institutional investors held Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) as of Q1 2014, down from 36 in Q4 2013.
- Funds reported $57.8M of Direxion Daily 20+ Year Treasury Bear 3X ETF stock for Q1 2014, down 19% quarter-over-quarter.
- 9 funds opened new Direxion Daily 20+ Year Treasury Bear 3X ETF positions in Q1 2014 and 10 closed out, a net change of -1 holder.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF buyer in Q1 2014 was Royal Bank of Canada, an estimated $7.65M added.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF seller in Q1 2014 was Susquehanna International Group, an estimated $3.58M sold.
Based on aggregated 13F filings for Q1 2014.