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Direxion Daily Small Cap Bull 3x ETF

36 hedge funds and large institutions have $199M invested in Direxion Daily Small Cap Bull 3x ETF in 2013 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 6 increasing their positions, 15 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

38% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 8

29% more capital invested

Capital invested by funds: $154M → $199M (+$44.9M)

21.44% more ownership

Funds ownership: 56.49%77.93% (+21%)

6% more funds holding

Funds holding: 3436 (+2)

8% less call options, than puts

Call options by funds: $180M | Put options by funds: $195M

60% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 15

100% less funds holding in top 10

Funds holding in top 10: 20 (-2)

Holders
36
Holders Change
+2
Holders Change %
+5.88%
% of All Funds
1.17%
Holding in Top 10
Holding in Top 10 Change
-2
Holding in Top 10 Change %
-100%
% of All Funds
New
11
Increased
6
Reduced
15
Closed
8
Calls
$180M
Puts
$195M
Net Calls
-$14.8M
Net Calls Change
-$18.3M
Name Holding Trade Value Shares
Change
Change in
Stake
CS
1
Credit Suisse
Switzerland
$100M +$48.8M +1,700,000 +113%
Goldman Sachs
2
Goldman Sachs
New York
$26.9M +$6.61M +230,268 +37%
Susquehanna International Group
3
Susquehanna International Group
Pennsylvania
$14.8M -$17.2M -601,162 -56%
Morgan Stanley
4
Morgan Stanley
New York
$14.1M +$1.73M +60,234 +15%
CA
5
Commerzbank Aktiengesellschaft
Germany
$8.79M -$568K -19,786 -7%
SG Americas Securities
6
SG Americas Securities
New York
$6.01M +$5.24M +182,572 +1,981%
Envestnet Asset Management
7
Envestnet Asset Management
Illinois
$4.02M -$1.99M -69,462 -35%
VF
8
Virtu Financial
New York
$3.65M -$10.5M -366,348 -76%
TH
9
Timber Hill
Connecticut
$2.79M -$2.87M -100,018 -53%
Deutsche Bank
10
Deutsche Bank
Germany
$2.71M -$8.72K -304 -0.4%
Walleye Trading
11
Walleye Trading
New York
$2.22M -$2.56M -89,106 -56%
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$1.52M +$852K +29,716 +159%
Bank of America
13
Bank of America
North Carolina
$1.47M +$1.28M +44,618 +1,957%
Jane Street
14
Jane Street
New York
$1.37M +$1.26M +43,800 New
BNP Paribas Financial Markets
15
BNP Paribas Financial Markets
France
$1.2M -$918K -31,996 -45%
LTFS
16
Ladenburg Thalmann Financial Services
Florida
$1.14M -$682K -23,780 -40%
Franklin Resources
17
Franklin Resources
California
$978K
Citigroup
18
Citigroup
New York
$856K -$297K -10,370 -28%
VKH
19
Virtu KCG Holdings
New York
$651K +$595K +20,736 New
HCMT
20
Highland Capital Management (Texas)
Texas
$627K +$574K +20,000 New
QC
21
QCM Cayman
Texas
$556K -$145K -5,048 -22%
CPSAC
22
Chas P. Smith & Associates (CPS)
Florida
$447K -$148K -5,168 -27%
U
23
UBS
Switzerland
$395K -$1.66M -58,026 -82%
CAM
24
CMT Asset Management
Illinois
$318K +$291K +10,140 New
AC
25
AFAM Capital
Texas
$302K -$83.9K -2,926 -23%

TNA Hedge Fund Activity: Q3 2013 in Review

36 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bull 3x ETF (TNA) for Q3 2013, worth a combined $199M — up 29% from $154M a quarter earlier.

Buyers outnumbered sellers: 11 funds opened new TNA positions and 8 closed out — a net gain of 3 holders — while 6 added to existing stakes and 15 trimmed.

The largest buyer was Credit Suisse, adding an estimated $48.8M. The largest seller was Tower Research Capital (TRC), exiting entirely with an estimated $20.6M sold.

  • 36 institutional investors held Direxion Daily Small Cap Bull 3x ETF (TNA) as of Q3 2013, up from 34 in Q2 2013.
  • Funds reported $199M of Direxion Daily Small Cap Bull 3x ETF stock for Q3 2013, up 29% quarter-over-quarter.
  • 11 funds opened new Direxion Daily Small Cap Bull 3x ETF positions in Q3 2013 and 8 closed out, a net change of +3 holders.
  • The largest Direxion Daily Small Cap Bull 3x ETF buyer in Q3 2013 was Credit Suisse, an estimated $48.8M added.
  • The largest Direxion Daily Small Cap Bull 3x ETF seller in Q3 2013 was Tower Research Capital (TRC), an estimated $20.6M sold.

Based on aggregated 13F filings for Q3 2013.