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Direxion Daily 20+ Year Treasury Bear 3X ETF

31 hedge funds and large institutions have $33.4M invested in Direxion Daily 20+ Year Treasury Bear 3X ETF in 2023 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 7 increasing their positions, 13 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

4% more call options, than puts

Call options by funds: $33.4M | Put options by funds: $32M

9.48% less ownership

Funds ownership: 39.71%30.23% (-9.5%)

18% less funds holding

Funds holding: 3831 (-7)

31% less capital invested

Capital invested by funds: $48.3M → $33.4M (-$14.9M)

42% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 12

46% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 13

Holders
31
Holders Change
-7
Holders Change %
-18.42%
% of All Funds
0.49%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
7
Reduced
13
Closed
12
Calls
$33.4M
Puts
$32M
Net Calls
+$1.35M
Net Calls Change
-$6.66M
Name Holding Trade Value Shares
Change
Change in
Stake
Royal Bank of Canada
1
Royal Bank of Canada
Ontario, Canada
$9.44M -$1.79M -61,900 -15%
EF
2
Empowered Funds
Pennsylvania
$4.68M +$5.05M +174,700 New
CL
3
CIM LLC
New York
$3.62M +$64.8K +2,240 +2%
Susquehanna International Group
4
Susquehanna International Group
Pennsylvania
$2.73M +$2.14M +74,036 +265%
TPWA
5
TRUE Private Wealth Advisors
Oregon
$2.66M -$1.26M -43,532 -30%
Citadel Advisors
6
Citadel Advisors
Florida
$2.38M +$2.57M +88,976 New
Jane Street
7
Jane Street
New York
$1.79M +$1.93M +66,776 New
XS
8
XR Securities
Illinois
$1.68M +$1.81M +62,540 New
Goldman Sachs
9
Goldman Sachs
New York
$662K -$4.89M -169,088 -87%
HF
10
HRT Financial
New York
$640K -$1.24M -42,920 -64%
TSS
11
Two Sigma Securities
New York
$560K -$1.03M -35,696 -63%
Simplex Trading
12
Simplex Trading
Illinois
$533K +$575K +19,896 New
Morgan Stanley
13
Morgan Stanley
New York
$446K +$319K +11,028 +197%
DFG
14
Delta Financial Group
New Jersey
$431K +$72.3K +2,500 +18%
BAM
15
Brave Asset Management
New Jersey
$289K -$92.5K -3,200 -23%
FTUS
16
Flow Traders U.S.
New York
$212K +$229K +7,908 New
KA
17
Keene & Associates
Texas
$200K
Citigroup
18
Citigroup
New York
$147K +$55.2K +1,908 +53%
SSB
19
Sandy Spring Bank
Maryland
$108K +$59K +2,040 +102%
BCV
20
Banque Cantonale Vaudoise
Switzerland
$56K -$171K -5,900 -74%
AWM
21
Avior Wealth Management
Nebraska
$53.6K
JEST
22
JTC Employer Solutions Trustee
Jersey
$42K
UBS Group
23
UBS Group
Switzerland
$11.6K -$174K -6,028 -93%
JWA
24
JFS Wealth Advisors
Pennsylvania
$10.7K
CIA
25
Cape Investment Advisory
Georgia
$10.7K +$11.6K +400 New

TMV Hedge Fund Activity: Q1 2023 in Review

31 of the 6,276 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) for Q1 2023, worth a combined $33.4M — down 31% from $48.3M a quarter earlier.

Sellers outnumbered buyers: 12 funds closed out of TMV and 7 opened new positions — a net loss of 5 holders — while 13 trimmed existing stakes and 7 added.

The largest buyer was Empowered Funds, opening a new position worth an estimated $5.05M. The largest seller was IMC Chicago, exiting entirely with an estimated $4.91M sold.

  • 31 institutional investors held Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) as of Q1 2023, down from 38 in Q4 2022.
  • Funds reported $33.4M of Direxion Daily 20+ Year Treasury Bear 3X ETF stock for Q1 2023, down 31% quarter-over-quarter.
  • 7 funds opened new Direxion Daily 20+ Year Treasury Bear 3X ETF positions in Q1 2023 and 12 closed out, a net change of -5 holders.
  • The largest Direxion Daily 20+ Year Treasury Bear 3X ETF buyer in Q1 2023 was Empowered Funds, an estimated $5.05M added.
  • The largest Direxion Daily 20+ Year Treasury Bear 3X ETF seller in Q1 2023 was IMC Chicago, an estimated $4.91M sold.

Based on aggregated 13F filings for Q1 2023.