Direxion Daily Small Cap Bull 3x ETF
40 hedge funds and large institutions have $100M invested in Direxion Daily Small Cap Bull 3x ETF in 2015 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 17 increasing their positions, 15 reducing their positions, and 12 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 15
10.95% more ownership
Funds ownership: 25.34% → 36.29% (+11%)
11% less capital invested
Capital invested by funds: $113M → $100M (-$13M)
13% less funds holding
Funds holding: 46 → 40 (-6)
44% less call options, than puts
Call options by funds: $177M | Put options by funds: $317M
50% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$4.57M |
| 2 |
AP
Advisors Preferred
Rockville,
Maryland
|
+$2.55M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$2.25M |
| 4 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
+$1.78M |
| 5 |
Envestnet Asset Management
Chicago,
Illinois
|
+$1.56M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$9.52M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$6.78M |
| 3 |
Two Sigma Investments
New York
|
-$4.98M |
| 4 |
VF
Virtu Financial
New York
|
-$3.42M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.38M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
BWA
51
Burt Wealth Advisors
North Bethesda,
Maryland
| – | -$8K | -200 | Closed |
|
52
Fifth Third Bancorp
Cincinnati,
Ohio
| – | -$1K | -34 | Closed |
|
TNA Hedge Fund Activity: Q1 2015 in Review
40 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bull 3x ETF (TNA) for Q1 2015, worth a combined $100M — down 11% from $113M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of TNA and 6 opened new positions — a net loss of 6 holders — while 15 trimmed existing stakes and 17 added.
The largest buyer was Credit Suisse, adding an estimated $4.57M. The largest seller was Susquehanna International Group, cutting an estimated $9.52M.
- 40 institutional investors held Direxion Daily Small Cap Bull 3x ETF (TNA) as of Q1 2015, down from 46 in Q4 2014.
- Funds reported $100M of Direxion Daily Small Cap Bull 3x ETF stock for Q1 2015, down 11% quarter-over-quarter.
- 6 funds opened new Direxion Daily Small Cap Bull 3x ETF positions in Q1 2015 and 12 closed out, a net change of -6 holders.
- The largest Direxion Daily Small Cap Bull 3x ETF buyer in Q1 2015 was Credit Suisse, an estimated $4.57M added.
- The largest Direxion Daily Small Cap Bull 3x ETF seller in Q1 2015 was Susquehanna International Group, an estimated $9.52M sold.
Based on aggregated 13F filings for Q1 2015.