Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
35 hedge funds and large institutions have $42M invested in Direxion Daily 20+ Year Treasury Bear 3X ETF in 2014 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 8 increasing their positions, 7 reducing their positions, and 6 closing their positions.
83% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 6
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
13% more funds holding
Funds holding: 31 → 35 (+4)
0.39% less ownership
Funds ownership: 3.64% → 3.25% (-0.39%)
36% less capital invested
Capital invested by funds: $65.3M → $42M (-$23.4M)
59% less call options, than puts
Call options by funds: $14.1M | Put options by funds: $34.1M
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$4.5M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.06M |
| 3 |
UAS
United Asset Strategies
Garden City,
New York
|
+$3.36M |
| 4 |
Jane Street
New York
|
+$2.74M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$745K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$7.6M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$4.96M |
| 3 |
Envestnet Asset Management
Chicago,
Illinois
|
-$4.92M |
| 4 |
KCM
Key Colony Management
Little Rock,
Arkansas
|
-$3.68M |
| 5 |
PSW
Portfolio Strategies (Washington)
Tacoma,
Washington
|
-$2.02M |
TMV Hedge Fund Activity: Q4 2014 in Review
35 of the 3,751 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) for Q4 2014, worth a combined $42M — down 36% from $65.3M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new TMV positions and 6 closed out — a net gain of 5 holders — while 8 added to existing stakes and 7 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $4.5M. The largest seller was Morgan Stanley, cutting an estimated $7.6M.
- 35 institutional investors held Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) as of Q4 2014, up from 31 in Q3 2014.
- Funds reported $42M of Direxion Daily 20+ Year Treasury Bear 3X ETF stock for Q4 2014, down 36% quarter-over-quarter.
- 11 funds opened new Direxion Daily 20+ Year Treasury Bear 3X ETF positions in Q4 2014 and 6 closed out, a net change of +5 holders.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF buyer in Q4 2014 was Virtu Financial, an estimated $4.5M added.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF seller in Q4 2014 was Morgan Stanley, an estimated $7.6M sold.
Based on aggregated 13F filings for Q4 2014.