Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
28 hedge funds and large institutions have $28.8M invested in Direxion Daily 20+ Year Treasury Bear 3X ETF in 2017 Q2 according to their latest regulatory filings, with 5 funds opening new positions, 5 increasing their positions, 5 reducing their positions, and 6 closing their positions.
29% more capital invested
Capital invested by funds: $22.2M → $28.8M (+$6.56M)
0.8% more ownership
Funds ownership: 2.03% → 2.83% (+0.8%)
0% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 5
3% less funds holding
Funds holding: 29 → 28 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
63% less call options, than puts
Call options by funds: $5.68M | Put options by funds: $15.3M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
RA
Raffles Associates
New York
|
+$5.14M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.4M |
| 3 |
MCM
Moon Capital Management
New York
|
+$2.22M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$1.88M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$721K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$2.69M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$380K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$333K |
| 4 |
Millennium Management
New York
|
-$293K |
| 5 |
ED
Exane Derivatives
Paris,
France
|
-$123K |
TMV Hedge Fund Activity: Q2 2017 in Review
28 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) for Q2 2017, worth a combined $28.8M — up 29% from $22.2M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of TMV and 5 opened new positions — a net loss of 1 holder — while 5 trimmed existing stakes and 5 added.
The largest buyer was Raffles Associates, opening a new position worth an estimated $5.14M. The largest seller was Morgan Stanley, cutting an estimated $2.69M.
- 28 institutional investors held Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) as of Q2 2017, down from 29 in Q1 2017.
- Funds reported $28.8M of Direxion Daily 20+ Year Treasury Bear 3X ETF stock for Q2 2017, up 29% quarter-over-quarter.
- 5 funds opened new Direxion Daily 20+ Year Treasury Bear 3X ETF positions in Q2 2017 and 6 closed out, a net change of -1 holder.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF buyer in Q2 2017 was Raffles Associates, an estimated $5.14M added.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF seller in Q2 2017 was Morgan Stanley, an estimated $2.69M sold.
Based on aggregated 13F filings for Q2 2017.