Direxion Daily Small Cap Bull 3x ETF
38 hedge funds and large institutions have $96.1M invested in Direxion Daily Small Cap Bull 3x ETF in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 17 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
6% more funds holding
Funds holding: 36 → 38 (+2)
13.64% less ownership
Funds ownership: 29.44% → 15.81% (-14%)
17% less capital invested
Capital invested by funds: $116M → $96.1M (-$20.1M)
40% less call options, than puts
Call options by funds: $280M | Put options by funds: $466M
47% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 17
67% less funds holding in top 10
Funds holding in top 10: 3 → 1 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$11.7M |
| 2 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$4.32M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$2.84M |
| 4 |
VKH
Virtu KCG Holdings
New York
|
+$1.7M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$740K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$13.9M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$6.28M |
| 3 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$6.09M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$4.19M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.98M |
TNA Hedge Fund Activity: Q2 2017 in Review
38 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bull 3x ETF (TNA) for Q2 2017, worth a combined $96.1M — down 17% from $116M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new TNA positions and 4 closed out — a net gain of 3 holders — while 9 added to existing stakes and 17 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $11.7M. The largest seller was Tower Research Capital (TRC), cutting an estimated $13.9M.
- 38 institutional investors held Direxion Daily Small Cap Bull 3x ETF (TNA) as of Q2 2017, up from 36 in Q1 2017.
- Funds reported $96.1M of Direxion Daily Small Cap Bull 3x ETF stock for Q2 2017, down 17% quarter-over-quarter.
- 7 funds opened new Direxion Daily Small Cap Bull 3x ETF positions in Q2 2017 and 4 closed out, a net change of +3 holders.
- The largest Direxion Daily Small Cap Bull 3x ETF buyer in Q2 2017 was Goldman Sachs, an estimated $11.7M added.
- The largest Direxion Daily Small Cap Bull 3x ETF seller in Q2 2017 was Tower Research Capital (TRC), an estimated $13.9M sold.
Based on aggregated 13F filings for Q2 2017.