Direxion Daily Small Cap Bull 3x ETF
38 hedge funds and large institutions have $70.9M invested in Direxion Daily Small Cap Bull 3x ETF in 2014 Q3 according to their latest regulatory filings, with 14 funds opening new positions, 7 increasing their positions, 14 reducing their positions, and 13 closing their positions.
3% more funds holding
Funds holding: 37 → 38 (+1)
8% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 13
13.62% less ownership
Funds ownership: 28.11% → 14.48% (-14%)
45% less capital invested
Capital invested by funds: $130M → $70.9M (-$58.8M)
47% less call options, than puts
Call options by funds: $131M | Put options by funds: $250M
50% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 14
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SG Americas Securities
New York
|
+$6.57M |
| 2 |
Barclays
London,
United Kingdom
|
+$2.87M |
| 3 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
+$1.46M |
| 4 |
HCM
Hollencrest Capital Management
Newport Beach,
California
|
+$1.17M |
| 5 |
Morgan Stanley
New York
|
+$1.13M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$11.2M |
| 2 |
Goldman Sachs
New York
|
-$10.9M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$10.2M |
| 4 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$3.51M |
| 5 |
AT
Allston Trading
Chicago,
Illinois
|
-$3.45M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Wells Fargo
San Francisco,
California
| – | -$73 | -2 | Closed |
|
TNA Hedge Fund Activity: Q3 2014 in Review
38 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bull 3x ETF (TNA) for Q3 2014, worth a combined $70.9M — down 45% from $130M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new TNA positions and 13 closed out — a net gain of 1 holder — while 7 added to existing stakes and 14 trimmed.
The largest buyer was SG Americas Securities, adding an estimated $6.57M. The largest seller was Susquehanna International Group, cutting an estimated $11.2M.
- 38 institutional investors held Direxion Daily Small Cap Bull 3x ETF (TNA) as of Q3 2014, up from 37 in Q2 2014.
- Funds reported $70.9M of Direxion Daily Small Cap Bull 3x ETF stock for Q3 2014, down 45% quarter-over-quarter.
- 14 funds opened new Direxion Daily Small Cap Bull 3x ETF positions in Q3 2014 and 13 closed out, a net change of +1 holder.
- The largest Direxion Daily Small Cap Bull 3x ETF buyer in Q3 2014 was SG Americas Securities, an estimated $6.57M added.
- The largest Direxion Daily Small Cap Bull 3x ETF seller in Q3 2014 was Susquehanna International Group, an estimated $11.2M sold.
Based on aggregated 13F filings for Q3 2014.