Direxion Daily Small Cap Bull 3x ETF
37 hedge funds and large institutions have $187M invested in Direxion Daily Small Cap Bull 3x ETF in 2013 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 9 increasing their positions, 13 reducing their positions, and 10 closing their positions.
10% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 10
3% more funds holding
Funds holding: 36 → 37 (+1)
6% less capital invested
Capital invested by funds: $199M → $187M (-$12M)
31% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 13
36.1% less ownership
Funds ownership: 77.93% → 41.83% (-36%)
39% less call options, than puts
Call options by funds: $210M | Put options by funds: $344M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
+$19.4M |
| 2 |
Barclays
London,
United Kingdom
|
+$9.53M |
| 3 |
VKH
Virtu KCG Holdings
New York
|
+$5.06M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$3.43M |
| 5 |
SG Americas Securities
New York
|
+$2.62M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$86M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$8.14M |
| 3 |
Morgan Stanley
New York
|
-$6.19M |
| 4 |
VF
Virtu Financial
New York
|
-$3.65M |
| 5 |
Walleye Trading
New York
|
-$1.62M |
TNA Hedge Fund Activity: Q4 2013 in Review
37 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bull 3x ETF (TNA) for Q4 2013, worth a combined $187M — down 6% from $199M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new TNA positions and 10 closed out — a net gain of 1 holder — while 9 added to existing stakes and 13 trimmed.
The largest buyer was Goldman Sachs, adding an estimated $19.4M. The largest seller was Credit Suisse, cutting an estimated $86M.
- 37 institutional investors held Direxion Daily Small Cap Bull 3x ETF (TNA) as of Q4 2013, up from 36 in Q3 2013.
- Funds reported $187M of Direxion Daily Small Cap Bull 3x ETF stock for Q4 2013, down 6% quarter-over-quarter.
- 11 funds opened new Direxion Daily Small Cap Bull 3x ETF positions in Q4 2013 and 10 closed out, a net change of +1 holder.
- The largest Direxion Daily Small Cap Bull 3x ETF buyer in Q4 2013 was Goldman Sachs, an estimated $19.4M added.
- The largest Direxion Daily Small Cap Bull 3x ETF seller in Q4 2013 was Credit Suisse, an estimated $86M sold.
Based on aggregated 13F filings for Q4 2013.