Direxion Daily Small Cap Bull 3x ETF
62 hedge funds and large institutions have $173M invested in Direxion Daily Small Cap Bull 3x ETF in 2021 Q2 according to their latest regulatory filings, with 13 funds opening new positions, 17 increasing their positions, 16 reducing their positions, and 20 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
26% more capital invested
Capital invested by funds: $137M → $173M (+$36.1M)
4.55% more ownership
Funds ownership: 7.19% → 11.74% (+4.6%)
6% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 16
11% less funds holding
Funds holding: 70 → 62 (-8)
17% less call options, than puts
Call options by funds: $360M | Put options by funds: $433M
35% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 20
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$38.7M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
+$28.1M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$7.04M |
| 4 |
VF
Virtu Financial
New York
|
+$3.07M |
| 5 |
KFS
Kelly Financial Services
Braintree,
Massachusetts
|
+$2.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$18.8M |
| 2 |
Jane Street
New York
|
-$11.4M |
| 3 |
CG
Cutler Group
San Francisco,
California
|
-$8.26M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$7M |
| 5 |
IMC Chicago
Chicago,
Illinois
|
-$4.66M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
76
JP Morgan Chase
New York
| – | -$36K | -405 | Closed |
|
77
AssetMark Inc
Concord,
California
| – | -$1K | -11 | Closed |
|
|
GI
78
Gradient Investments
Arden Hills,
Minnesota
| – | -$1K | -10 | Closed |
|
79
Wells Fargo
San Francisco,
California
| – | -$93 | -1 | Closed |
|
80
Fidelity Investments
Boston,
Massachusetts
| – | +$186 | +2 | +200% |
|
TNA Hedge Fund Activity: Q2 2021 in Review
62 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bull 3x ETF (TNA) for Q2 2021, worth a combined $173M — up 26% from $137M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of TNA and 13 opened new positions — a net loss of 7 holders — while 16 trimmed existing stakes and 17 added.
The largest buyer was Tidal Investments, opening a new position worth an estimated $38.7M. The largest seller was HRT Financial, exiting entirely with an estimated $18.8M sold.
- 62 institutional investors held Direxion Daily Small Cap Bull 3x ETF (TNA) as of Q2 2021, down from 70 in Q1 2021.
- Funds reported $173M of Direxion Daily Small Cap Bull 3x ETF stock for Q2 2021, up 26% quarter-over-quarter.
- 13 funds opened new Direxion Daily Small Cap Bull 3x ETF positions in Q2 2021 and 20 closed out, a net change of -7 holders.
- The largest Direxion Daily Small Cap Bull 3x ETF buyer in Q2 2021 was Tidal Investments, an estimated $38.7M added.
- The largest Direxion Daily Small Cap Bull 3x ETF seller in Q2 2021 was HRT Financial, an estimated $18.8M sold.
Based on aggregated 13F filings for Q2 2021.