Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
25 hedge funds and large institutions have $39.7M invested in Direxion Daily 20+ Year Treasury Bear 3X ETF in 2025 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 9 increasing their positions, 8 reducing their positions, and 7 closing their positions.
732% more call options, than puts
Call options by funds: $59.9M | Put options by funds: $7.2M
80% more capital inflows, than outflows
Capital inflows: $14.3M | Capital outflows: $7.94M
13% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 8
1.89% more ownership
Funds ownership: 19.89% → 21.78% (+1.9%)
14% less funds holding
Funds holding: 29 → 25 (-4)
57% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$3.72M |
| 2 |
Prelude Capital Management
New York
|
+$2.73M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.5M |
| 4 |
Renaissance Technologies
New York
|
+$2.46M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.63M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.59M |
| 2 |
Virtu Financial
New York
|
-$1.49M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$1.36M |
| 4 |
Squarepoint
New York
|
-$1.22M |
| 5 |
Schonfeld Strategic Advisors
New York
|
-$739K |
TMV Hedge Fund Activity: Q3 2025 in Review
25 of the 7,661 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) for Q3 2025, worth a combined $39.7M — up 11% from $35.6M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of TMV and 3 opened new positions — a net loss of 4 holders — while 8 trimmed existing stakes and 9 added.
The largest buyer was IMC Chicago, adding an estimated $3.72M. The largest seller was Jane Street, cutting an estimated $1.59M.
- 25 institutional investors held Direxion Daily 20+ Year Treasury Bear 3X ETF (TMV) as of Q3 2025, down from 29 in Q2 2025.
- Funds reported $39.7M of Direxion Daily 20+ Year Treasury Bear 3X ETF stock for Q3 2025, up 11% quarter-over-quarter.
- 3 funds opened new Direxion Daily 20+ Year Treasury Bear 3X ETF positions in Q3 2025 and 7 closed out, a net change of -4 holders.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF buyer in Q3 2025 was IMC Chicago, an estimated $3.72M added.
- The largest Direxion Daily 20+ Year Treasury Bear 3X ETF seller in Q3 2025 was Jane Street, an estimated $1.59M sold.
Based on aggregated 13F filings for Q3 2025.