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Direxion Daily Small Cap Bull 3x ETF

40 hedge funds and large institutions have $94M invested in Direxion Daily Small Cap Bull 3x ETF in 2015 Q3 according to their latest regulatory filings, with 16 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 10 closing their positions.

New
Increased
Maintained
Reduced
Closed

63% more repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 8

60% more first-time investments, than exits

New positions opened: 16 | Existing positions closed: 10

18% more funds holding

Funds holding: 3440 (+6)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

6% less capital invested

Capital invested by funds: $100M → $94M (-$6.28M)

20.76% less ownership

Funds ownership: 46.27%25.52% (-21%)

43% less call options, than puts

Call options by funds: $137M | Put options by funds: $239M

Holders
40
Holders Change
+6
Holders Change %
+17.65%
% of All Funds
1.12%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
16
Increased
13
Reduced
8
Closed
10
Calls
$137M
Puts
$239M
Net Calls
-$102M
Net Calls Change
+$32.9M
Name Holding Trade Value Shares
Change
Change in
Stake
BNP Paribas Financial Markets
1
BNP Paribas Financial Markets
France
$16.5M +$15.4M +400,000 +253%
CA
2
Commerzbank Aktiengesellschaft
Germany
$15.7M +$6.46M +167,996 +46%
TH
3
Timber Hill
Connecticut
$14.3M +$10.2M +266,186 +123%
SG Americas Securities
4
SG Americas Securities
New York
$6.67M +$7.4M +192,268 +565%
Morgan Stanley
5
Morgan Stanley
New York
$6.48M -$3.97M -103,178 -32%
CS
6
Credit Suisse
Switzerland
$6.16M -$3.66M -95,118 -31%
Goldman Sachs
7
Goldman Sachs
New York
$4.69M +$547K +14,208 +10%
Parallax Volatility Advisers
8
Parallax Volatility Advisers
California
$2.38M +$2.43M +63,054 +360%
Jane Street
9
Jane Street
New York
$2.3M -$348K -9,036 -10%
TRCT
10
Tower Research Capital (TRC)
New York
$2.24M +$2.92M +75,818 New
ACI
11
Alpha Cubed Investments
California
$1.94M +$2.17M +56,436 New
Simplex Trading
12
Simplex Trading
Illinois
$1.6M +$99.5K +2,586 +5%
PCM
13
Potomac Capital Management
New York
$1.3M +$1.69M +44,000 New
Susquehanna International Group
14
Susquehanna International Group
Pennsylvania
$1.09M -$6.43M -167,156 -82%
Envestnet Asset Management
15
Envestnet Asset Management
Illinois
$992K -$187K -4,854 -13%
MAP
16
Managed Asset Portfolios
Michigan
$909K +$1.19M +30,800 New
KAM
17
Keeley Asset Management
Illinois
$885K +$1.15M +30,000 New
WAM
18
Wolverine Asset Management
Illinois
$802K +$1.05M +27,200 New
UBS Group
19
UBS Group
Switzerland
$801K +$693K +18,014 +197%
TCM
20
Traynor Capital Management
Pennsylvania
$677K +$183K +4,760 +26%
BHA
21
Beech Hill Advisors
New York
$606K +$446K +11,600 +130%
ACP
22
Aviance Capital Partners
Florida
$590K +$770K +20,000 New
SGH
23
Schonfeld Group Holdings
New York
$590K +$770K +20,000 New
VKH
24
Virtu KCG Holdings
New York
$580K +$182K +4,730 +32%
Citadel Advisors
25
Citadel Advisors
Florida
$566K +$738K +19,188 New

TNA Hedge Fund Activity: Q3 2015 in Review

40 of the 3,582 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bull 3x ETF (TNA) for Q3 2015, worth a combined $94M — down 6.3% from $100M a quarter earlier.

Buyers outnumbered sellers: 16 funds opened new TNA positions and 10 closed out — a net gain of 6 holders — while 13 added to existing stakes and 8 trimmed.

The largest buyer was BNP Paribas Financial Markets, adding an estimated $15.4M. The largest seller was Susquehanna International Group, cutting an estimated $6.43M.

  • 40 institutional investors held Direxion Daily Small Cap Bull 3x ETF (TNA) as of Q3 2015, up from 34 in Q2 2015.
  • Funds reported $94M of Direxion Daily Small Cap Bull 3x ETF stock for Q3 2015, down 6.3% quarter-over-quarter.
  • 16 funds opened new Direxion Daily Small Cap Bull 3x ETF positions in Q3 2015 and 10 closed out, a net change of +6 holders.
  • The largest Direxion Daily Small Cap Bull 3x ETF buyer in Q3 2015 was BNP Paribas Financial Markets, an estimated $15.4M added.
  • The largest Direxion Daily Small Cap Bull 3x ETF seller in Q3 2015 was Susquehanna International Group, an estimated $6.43M sold.

Based on aggregated 13F filings for Q3 2015.