Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
27 hedge funds and large institutions have $13.4M invested in Direxion Daily 20+ Year Treasury Bear 3X ETF in 2018 Q4 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 7 reducing their positions, and 11 closing their positions.
2.45% less ownership
Funds ownership: 4.49% → 2.03% (-2.5%)
13% less funds holding
Funds holding: 31 → 27 (-4)
29% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 7
36% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 11
67% less call options, than puts
Call options by funds: $2.56M | Put options by funds: $7.79M
68% less capital invested
Capital invested by funds: $41.7M → $13.4M (-$28.3M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
+$1.52M |
| 2 |
Simplex Trading
Chicago,
Illinois
|
+$1.04M |
| 3 |
HF
HRT Financial
New York
|
+$646K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$413K |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$349K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$16.4M |
| 2 |
VF
Virtu Financial
New York
|
-$4.04M |
| 3 |
Morgan Stanley
New York
|
-$3.36M |
| 4 |
OAM
Orinda Asset Management
Lafayette,
California
|
-$3.13M |
| 5 |
XS
XR Securities
Chicago,
Illinois
|
-$1.88M |
TMV Hedge Fund Activity: Q4 2018 in Review
27 of the 4,489 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) for Q4 2018, worth a combined $13.4M — down 68% from $41.7M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of TMV and 7 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 5 added.
The largest buyer was Renaissance Technologies, opening a new position worth an estimated $1.52M. The largest seller was Jane Street, cutting an estimated $16.4M.
- 27 institutional investors held Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) as of Q4 2018, down from 31 in Q3 2018.
- Funds reported $13.4M of Direxion Daily 20+ Year Treasury Bear 3X ETF stock for Q4 2018, down 68% quarter-over-quarter.
- 7 funds opened new Direxion Daily 20+ Year Treasury Bear 3X ETF positions in Q4 2018 and 11 closed out, a net change of -4 holders.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF buyer in Q4 2018 was Renaissance Technologies, an estimated $1.52M added.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF seller in Q4 2018 was Jane Street, an estimated $16.4M sold.
Based on aggregated 13F filings for Q4 2018.