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.
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: 34 → 36 (+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: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$48.8M |
| 2 |
Goldman Sachs
New York
|
+$6.61M |
| 3 |
SG Americas Securities
New York
|
+$5.24M |
| 4 |
Morgan Stanley
New York
|
+$1.73M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$20.6M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$17.2M |
| 3 |
VF
Virtu Financial
New York
|
-$10.5M |
| 4 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$2.87M |
| 5 |
Walleye Trading
New York
|
-$2.56M |
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.