Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
14 hedge funds and large institutions have $17M invested in Direxion Daily 20+ Year Treasury Bear 3X ETF in 2020 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 6 increasing their positions, 1 reducing their positions, and 7 closing their positions.
500% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 1
40% more capital invested
Capital invested by funds: $12.2M → $17M (+$4.85M)
24% more call options, than puts
Call options by funds: $13.7M | Put options by funds: $11.1M
22.83% more ownership
Funds ownership: 54.91% → 77.74% (+23%)
22% less funds holding
Funds holding: 18 → 14 (-4)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CL
CIM LLC
Albany,
New York
|
+$4.75M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$809K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$758K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$603K |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$375K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1M |
| 2 |
Renaissance Technologies
New York
|
-$594K |
| 3 |
VF
Virtu Financial
New York
|
-$420K |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
-$300K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$212K |
TMV Hedge Fund Activity: Q3 2020 in Review
14 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) for Q3 2020, worth a combined $17M — up 40% from $12.2M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of TMV and 3 opened new positions — a net loss of 4 holders — while 1 trimmed existing stakes and 6 added.
The largest buyer was CIM LLC, opening a new position worth an estimated $4.75M. The largest seller was Jane Street, cutting an estimated $1M.
- 14 institutional investors held Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) as of Q3 2020, down from 18 in Q2 2020.
- Funds reported $17M of Direxion Daily 20+ Year Treasury Bear 3X ETF stock for Q3 2020, up 40% quarter-over-quarter.
- 3 funds opened new Direxion Daily 20+ Year Treasury Bear 3X ETF positions in Q3 2020 and 7 closed out, a net change of -4 holders.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF buyer in Q3 2020 was CIM LLC, an estimated $4.75M added.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF seller in Q3 2020 was Jane Street, an estimated $1M sold.
Based on aggregated 13F filings for Q3 2020.