Direxion Daily Small Cap Bull 3x ETF
33 hedge funds and large institutions have $120M invested in Direxion Daily Small Cap Bull 3x ETF in 2014 Q1 according to their latest regulatory filings, with 8 funds opening new positions, 12 increasing their positions, 11 reducing their positions, and 12 closing their positions.
200% more funds holding in top 10
Funds holding in top 10: 1 → 3 (+2)
9% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 11
9.45% less ownership
Funds ownership: 41.83% → 32.38% (-9.4%)
11% less funds holding
Funds holding: 37 → 33 (-4)
33% less first-time investments, than exits
New positions opened: 8 | Existing positions closed: 12
36% less capital invested
Capital invested by funds: $187M → $120M (-$67.5M)
42% less call options, than puts
Call options by funds: $262M | Put options by funds: $453M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$4.84M |
| 2 |
ACP
Aviance Capital Partners
Naples,
Florida
|
+$2.3M |
| 3 |
CA
Commerzbank Aktiengesellschaft
Frankfurt,
Germany
|
+$2.21M |
| 4 |
PSW
Portfolio Strategies (Washington)
Tacoma,
Washington
|
+$1.81M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$33.6M |
| 2 |
PP
Pension Partners
New York
|
-$18.3M |
| 3 |
SG Americas Securities
New York
|
-$10.4M |
| 4 |
Barclays
London,
United Kingdom
|
-$7.51M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$3.98M |
TNA Hedge Fund Activity: Q1 2014 in Review
33 of the 3,475 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bull 3x ETF (TNA) for Q1 2014, worth a combined $120M — down 36% from $187M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of TNA and 8 opened new positions — a net loss of 4 holders — while 11 trimmed existing stakes and 12 added.
The largest buyer was Timber Hill, adding an estimated $4.84M. The largest seller was Goldman Sachs, cutting an estimated $33.6M.
- 33 institutional investors held Direxion Daily Small Cap Bull 3x ETF (TNA) as of Q1 2014, down from 37 in Q4 2013.
- Funds reported $120M of Direxion Daily Small Cap Bull 3x ETF stock for Q1 2014, down 36% quarter-over-quarter.
- 8 funds opened new Direxion Daily Small Cap Bull 3x ETF positions in Q1 2014 and 12 closed out, a net change of -4 holders.
- The largest Direxion Daily Small Cap Bull 3x ETF buyer in Q1 2014 was Timber Hill, an estimated $4.84M added.
- The largest Direxion Daily Small Cap Bull 3x ETF seller in Q1 2014 was Goldman Sachs, an estimated $33.6M sold.
Based on aggregated 13F filings for Q1 2014.