Direxion Daily Small Cap Bull 3x ETF

TNA

Market cap $1.35B

TNA Hedge Fund Activity: Q1 2026 in Review

75 of the 8,128 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bull 3x ETF (TNA) for Q1 2026, worth a combined $86M — down 5.3% from $90.8M a quarter earlier.

Sellers outnumbered buyers: 33 funds closed out of TNA and 25 opened new positions — a net loss of 8 holders — while 17 trimmed existing stakes and 18 added.

The largest buyer was UBS Group, adding an estimated $15.4M. The largest seller was Quadrature Capital, cutting an estimated $23.4M.

• 75 institutional investors held Direxion Daily Small Cap Bull 3x ETF (TNA) as of Q1 2026, down from 84 in Q4 2025.
• Funds reported $86M of Direxion Daily Small Cap Bull 3x ETF stock for Q1 2026, down 5.3% quarter-over-quarter.
• 25 funds opened new Direxion Daily Small Cap Bull 3x ETF positions in Q1 2026 and 33 closed out, a net change of -8 holders.
• The largest Direxion Daily Small Cap Bull 3x ETF buyer in Q1 2026 was UBS Group, an estimated $15.4M added.
• The largest Direxion Daily Small Cap Bull 3x ETF seller in Q1 2026 was Quadrature Capital, an estimated $23.4M sold.

Based on aggregated 13F filings for Q1 2026.