Direxion Daily Small Cap Bull 3x ETF
45 hedge funds and large institutions have $99.3M invested in Direxion Daily Small Cap Bull 3x ETF in 2019 Q3 according to their latest regulatory filings, with 5 funds opening new positions, 15 increasing their positions, 13 reducing their positions, and 17 closing their positions.
15% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 13
0.3% less ownership
Funds ownership: 14.1% → 13.79% (-0.3%)
10% less capital invested
Capital invested by funds: $110M → $99.3M (-$10.6M)
21% less funds holding
Funds holding: 57 → 45 (-12)
32% less call options, than puts
Call options by funds: $136M | Put options by funds: $200M
71% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 17
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$23.2M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.68M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$1.91M |
| 4 |
ATPW
Ashton Thomas Private Wealth
Scottsdale,
Arizona
|
+$912K |
| 5 |
SAM
SP Asset Management
Cupertino,
California
|
+$514K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$9.91M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
-$3.83M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$3.82M |
| 4 |
VF
Virtu Financial
New York
|
-$3M |
| 5 |
TSS
Two Sigma Securities
New York
|
-$2.97M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
RIA
51
Realta Investment Advisors
Wilmington,
Delaware
| – | -$54K | -860 | Closed |
|
|
VFA
52
Valeo Financial Advisors
Carmel,
Indiana
| – | -$52K | -809 | Closed |
|
|
PCG
53
Private Capital Group
West Hartford,
Connecticut
| – | -$24K | -288 | Closed |
|
54
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$12K | -200 | Closed |
|
|
IWA
55
IBEX Wealth Advisors
Bedminster,
New Jersey
| – | -$12K | -195 | Closed |
|
56
Royal Bank of Canada
Toronto,
Ontario, Canada
| – | -$4K | -71 | Closed |
|
|
BRC
57
Bell Rock Capital
Rehoboth Beach,
Delaware
| – | -$3K | -50 | Closed |
|
|
TPWA
58
TRUE Private Wealth Advisors
Salem,
Oregon
| – | -$2K | -32 | Closed |
|
|
CCMW
59
Cypress Capital Management (Wyoming)
Sheridan,
Wyoming
| – | -$2K | -30 | Closed |
|
60
Fidelity Investments
Boston,
Massachusetts
| – | +$58 | +1 | New |
|
TNA Hedge Fund Activity: Q3 2019 in Review
45 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bull 3x ETF (TNA) for Q3 2019, worth a combined $99.3M — down 9.6% from $110M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of TNA and 5 opened new positions — a net loss of 12 holders — while 13 trimmed existing stakes and 15 added.
The largest buyer was Citadel Advisors, adding an estimated $23.2M. The largest seller was Jane Street, cutting an estimated $9.91M.
- 45 institutional investors held Direxion Daily Small Cap Bull 3x ETF (TNA) as of Q3 2019, down from 57 in Q2 2019.
- Funds reported $99.3M of Direxion Daily Small Cap Bull 3x ETF stock for Q3 2019, down 9.6% quarter-over-quarter.
- 5 funds opened new Direxion Daily Small Cap Bull 3x ETF positions in Q3 2019 and 17 closed out, a net change of -12 holders.
- The largest Direxion Daily Small Cap Bull 3x ETF buyer in Q3 2019 was Citadel Advisors, an estimated $23.2M added.
- The largest Direxion Daily Small Cap Bull 3x ETF seller in Q3 2019 was Jane Street, an estimated $9.91M sold.
Based on aggregated 13F filings for Q3 2019.