Direxion Daily Small Cap Bull 3x ETF
43 hedge funds and large institutions have $93.6M invested in Direxion Daily Small Cap Bull 3x ETF in 2016 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 8 increasing their positions, 18 reducing their positions, and 14 closing their positions.
0.68% more ownership
Funds ownership: 31.05% → 31.73% (+0.68%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less capital invested
Capital invested by funds: $98.8M → $93.6M (-$5.18M)
7% less funds holding
Funds holding: 46 → 43 (-3)
14% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 14
26% less call options, than puts
Call options by funds: $484M | Put options by funds: $656M
56% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$8.89M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$7.94M |
| 3 |
DS
DRW Securities
Chicago,
Illinois
|
+$1.92M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.62M |
| 5 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$11.3M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
-$10.1M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$9.64M |
| 4 |
VF
Virtu Financial
New York
|
-$6.04M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$3.7M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Walleye Trading
New York
| – | -$164K | -4,356 | Closed |
|
52
BlackRock
New York
| – | -$7K | -232 | Closed |
|
53
US Bancorp
Minneapolis,
Minnesota
| – | -$5K | -162 | Closed |
|
|
GWM
54
Geneos Wealth Management
Englewood,
Colorado
| – | -$3K | -100 | Closed |
|
55
Wells Fargo
San Francisco,
California
| – | -$75 | -2 | Closed |
|
|
MFS
56
MSI Financial Services
Springfield,
Massachusetts
| – | +$75 | +2 | New |
|
TNA Hedge Fund Activity: Q3 2016 in Review
43 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bull 3x ETF (TNA) for Q3 2016, worth a combined $93.6M — down 5.2% from $98.8M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of TNA and 12 opened new positions — a net loss of 2 holders — while 18 trimmed existing stakes and 8 added.
The largest buyer was Timber Hill, adding an estimated $8.89M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $11.3M.
- 43 institutional investors held Direxion Daily Small Cap Bull 3x ETF (TNA) as of Q3 2016, down from 46 in Q2 2016.
- Funds reported $93.6M of Direxion Daily Small Cap Bull 3x ETF stock for Q3 2016, down 5.2% quarter-over-quarter.
- 12 funds opened new Direxion Daily Small Cap Bull 3x ETF positions in Q3 2016 and 14 closed out, a net change of -2 holders.
- The largest Direxion Daily Small Cap Bull 3x ETF buyer in Q3 2016 was Timber Hill, an estimated $8.89M added.
- The largest Direxion Daily Small Cap Bull 3x ETF seller in Q3 2016 was BNP Paribas Financial Markets, an estimated $11.3M sold.
Based on aggregated 13F filings for Q3 2016.