Direxion Daily Small Cap Bull 3x ETF
46 hedge funds and large institutions have $98.8M invested in Direxion Daily Small Cap Bull 3x ETF in 2016 Q2 according to their latest regulatory filings, with 14 funds opening new positions, 13 increasing their positions, 16 reducing their positions, and 10 closing their positions.
40% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 10
10% more funds holding
Funds holding: 42 → 46 (+4)
3.44% more ownership
Funds ownership: 27.61% → 31.05% (+3.4%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
7% less call options, than puts
Call options by funds: $422M | Put options by funds: $452M
14% less capital invested
Capital invested by funds: $115M → $98.8M (-$16.1M)
19% less repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 16
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$5.83M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$5.2M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.95M |
| 4 |
CT
CMT Trading
Chicago,
Illinois
|
+$2.71M |
| 5 |
Morgan Stanley
New York
|
+$1.92M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$21.5M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$6.09M |
| 3 |
Two Sigma Investments
New York
|
-$4.38M |
| 4 |
SG Americas Securities
New York
|
-$2.97M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$2.44M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
JT
51
Jump Trading
Chicago,
Illinois
| – | -$418K | -13,738 | Closed |
|
|
SPM
52
Symmetry Peak Management
Radnor,
Pennsylvania
| – | -$377K | -13,000 | Closed |
|
|
CAL
53
Capital Analysts LLC
Fort Washington,
Pennsylvania
| – | -$24.6K | -850 | Closed |
|
|
AIG
54
American International Group
New York
| – | -$1K | -32 | Closed |
|
55
Wells Fargo
San Francisco,
California
| – | +$61 | +2 | New |
|
TNA Hedge Fund Activity: Q2 2016 in Review
46 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bull 3x ETF (TNA) for Q2 2016, worth a combined $98.8M — down 14% from $115M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new TNA positions and 10 closed out — a net gain of 4 holders — while 13 added to existing stakes and 16 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $5.83M. The largest seller was Timber Hill, cutting an estimated $21.5M.
- 46 institutional investors held Direxion Daily Small Cap Bull 3x ETF (TNA) as of Q2 2016, up from 42 in Q1 2016.
- Funds reported $98.8M of Direxion Daily Small Cap Bull 3x ETF stock for Q2 2016, down 14% quarter-over-quarter.
- 14 funds opened new Direxion Daily Small Cap Bull 3x ETF positions in Q2 2016 and 10 closed out, a net change of +4 holders.
- The largest Direxion Daily Small Cap Bull 3x ETF buyer in Q2 2016 was Virtu Financial, an estimated $5.83M added.
- The largest Direxion Daily Small Cap Bull 3x ETF seller in Q2 2016 was Timber Hill, an estimated $21.5M sold.
Based on aggregated 13F filings for Q2 2016.