We are live on ! Find out more
TNA icon

Direxion Daily Small Cap Bull 3x ETF
TNA

84 hedge funds and large institutions have $243M invested in Direxion Daily Small Cap Bull 3x ETF in 2023 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 27 increasing their positions, 11 reducing their positions, and 11 closing their positions.

New
Increased
Maintained
Reduced
Closed

394% more capital invested

Capital invested by funds: $49.1M → $243M (+$193M)

300% more first-time investments, than exits

New positions opened: 44 | Existing positions closed: 11

145% more repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 11

62% more funds holding

Funds holding: 52 → 84 (+32)

29% more call options, than puts

Call options by funds: $180M | Put options by funds: $140M

5.47% more ownership

Funds ownership: 3.72% → 9.18% (+5.5%)

Holders
84
Holders Change
+32
Holders Change %
+61.54%
% of All Funds
1.22%
Holding in Top 10
4
Holding in Top 10 Change
+4
Holding in Top 10 Change %
% of All Funds
0.06%
New
44
Increased
27
Reduced
11
Closed
11
Calls
$180M
Puts
$140M
Net Calls
+$40.8M
Net Calls Change
+$38.3M

Top Buyers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
+$33.1M
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$16.6M
3
TCM
Thames Capital Management
New Jersey
+$13.1M
4
CCM
Connective Capital Management
California
+$11.1M
5
TI
Tidal Investments
Wisconsin
+$7.49M

Top Sellers

Rank Fund Capital Flow
1
Citadel Advisors
Citadel Advisors
Florida
-$12M
2
IMC Chicago
IMC Chicago
Illinois
-$5.48M
3
Squarepoint
Squarepoint
New York
-$5.08M
4
XS
XR Securities
Illinois
-$1.88M
5
Simplex Trading
Simplex Trading
Illinois
-$1.12M
Name Holding Trade Value Shares
Change 		Change in
Stake
EMAM
26
Encompass More Asset Management
California
$1.12M +$833K +28,492 New
GS
27
GTS Securities
New York
$1.06M -$35.7K -1,221 -4%
QT
28
Quantbot Technologies
New York
$1.02M -$101K -3,461 -12%
VF
29
Virtu Financial
New York
$995K +$430K +14,715 +140%
LC
30
Lindbrook Capital
California
$986K +$219K +7,500 +43%
TSS
31
Two Sigma Securities
New York
$895K +$72K +2,464 +12%
MG
32
Marex Group
$884K +$655K +22,399 New
TFA
33
Toth Financial Advisory
Virginia
$870K +$636K +21,760 +7,556%
CICI
34
Capital Investment Counsel Inc
North Carolina
$840K +$115K +3,950 +23%
MSG
35
Main Street Group
Virginia
$801K +$593K +20,297 New
TC
36
TownSquare Capital
Utah
$781K +$579K +19,800 New
BAAM
37
Baker Avenue Asset Management
California
$740K -$36.5K -1,250 -6%
FTUS
38
Flow Traders U.S.
New York
$607K +$450K +15,390 New
TCM
39
Traynor Capital Management
Pennsylvania
$545K +$187K +6,386 +86%
Pathstone Holdings
40
Pathstone Holdings
New Jersey
$528K +$391K +13,374 New
VCM
41
Viewpoint Capital Management
Washington
$521K +$58.5K +2,000 +18%
AWM
42
Austin Wealth Management
Texas
$518K +$395K +13,500 New
UBS Group
43
UBS Group
Switzerland
$470K +$346K +11,856 +20,800%
JIC
44
Johnson Investment Counsel
Ohio
$428K +$317K +10,859 New
RPCONE
45
Retirement Planning Company of New England
Rhode Island
$423K +$50.4K +1,726 +19%
HT
46
HAP Trading
New York
$422K +$313K +10,703 New
TRCT
47
Tower Research Capital (TRC)
New York
$413K +$209K +7,152 +215%
Bank of New York Mellon
48
Bank of New York Mellon
New York
$395K +$292K +10,002 New
HighTower Advisors
49
HighTower Advisors
Illinois
$375K +$278K +9,506 New
EIP
50
Ellis Investment Partners
Pennsylvania
$354K +$262K +8,980 New
1
2
3 4

TNA Hedge Fund Activity: Q4 2023 in Review

84 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bull 3x ETF (TNA) for Q4 2023, worth a combined $243M — up 394% from $49.1M a quarter earlier.

Buyers outnumbered sellers: 44 funds opened new TNA positions and 11 closed out — a net gain of 33 holders — while 27 added to existing stakes and 11 trimmed.

The largest buyer was Jane Street, adding an estimated $33.1M. The largest seller was Citadel Advisors, cutting an estimated $12M.

  • 84 institutional investors held Direxion Daily Small Cap Bull 3x ETF (TNA) as of Q4 2023, up from 52 in Q3 2023.
  • Funds reported $243M of Direxion Daily Small Cap Bull 3x ETF stock for Q4 2023, up 394% quarter-over-quarter.
  • 44 funds opened new Direxion Daily Small Cap Bull 3x ETF positions in Q4 2023 and 11 closed out, a net change of +33 holders.
  • The largest Direxion Daily Small Cap Bull 3x ETF buyer in Q4 2023 was Jane Street, an estimated $33.1M added.
  • The largest Direxion Daily Small Cap Bull 3x ETF seller in Q4 2023 was Citadel Advisors, an estimated $12M sold.

Based on aggregated 13F filings for Q4 2023.