Direxion Daily Small Cap Bull 3x ETF
42 hedge funds and large institutions have $36.6M invested in Direxion Daily Small Cap Bull 3x ETF in 2020 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 18 reducing their positions, and 18 closing their positions.
88% more call options, than puts
Call options by funds: $324M | Put options by funds: $173M
1.35% less ownership
Funds ownership: 5.05% → 3.7% (-1.3%)
21% less funds holding
Funds holding: 53 → 42 (-11)
42% less capital invested
Capital invested by funds: $63.3M → $36.6M (-$26.7M)
56% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 18
61% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$4.08M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$1.65M |
| 3 |
DS
DRW Securities
Chicago,
Illinois
|
+$1.33M |
| 4 |
JSMC
Jess S. Morgan & Co
Los Angeles,
California
|
+$1.01M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$694K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Simplex Trading
Chicago,
Illinois
|
-$10.9M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
-$6.52M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
-$6.4M |
| 4 |
Jane Street
New York
|
-$4.44M |
| 5 |
CG
Cutler Group
San Francisco,
California
|
-$3.54M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
PAG
51
Private Advisor Group
Morristown,
New Jersey
| – | -$48K | -1,761 | Closed |
|
|
PCM
52
Prelude Capital Management
New York
| – | -$19.7K | -628 | Closed |
|
|
FWM
53
FSA Wealth Management
Needham,
Massachusetts
| – | -$16K | -575 | Closed |
|
|
CAN
54
Cetera Advisor Networks
El Segundo,
California
| – | -$11K | -400 | Closed |
|
|
AF
55
Advisornet Financial
Minnetonka,
Minnesota
| – | -$4K | -129 | Closed |
|
|
CA
56
Crewe Advisors
Salt Lake City,
Utah
| – | -$3K | -120 | Closed |
|
57
Wells Fargo
San Francisco,
California
| – | -$63 | -2 | Closed |
|
|
PFA
58
Professional Financial Advisors
North Platte,
Nebraska
| – | +$471 | +15 | New |
|
59
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
| – | +$502 | +16 | New |
|
TNA Hedge Fund Activity: Q3 2020 in Review
42 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bull 3x ETF (TNA) for Q3 2020, worth a combined $36.6M — down 42% from $63.3M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of TNA and 7 opened new positions — a net loss of 11 holders — while 18 trimmed existing stakes and 8 added.
The largest buyer was Citadel Advisors, adding an estimated $4.08M. The largest seller was Simplex Trading, cutting an estimated $10.9M.
- 42 institutional investors held Direxion Daily Small Cap Bull 3x ETF (TNA) as of Q3 2020, down from 53 in Q2 2020.
- Funds reported $36.6M of Direxion Daily Small Cap Bull 3x ETF stock for Q3 2020, down 42% quarter-over-quarter.
- 7 funds opened new Direxion Daily Small Cap Bull 3x ETF positions in Q3 2020 and 18 closed out, a net change of -11 holders.
- The largest Direxion Daily Small Cap Bull 3x ETF buyer in Q3 2020 was Citadel Advisors, an estimated $4.08M added.
- The largest Direxion Daily Small Cap Bull 3x ETF seller in Q3 2020 was Simplex Trading, an estimated $10.9M sold.
Based on aggregated 13F filings for Q3 2020.