Direxion Daily Small Cap Bull 3x ETF
42 hedge funds and large institutions have $93.1M invested in Direxion Daily Small Cap Bull 3x ETF in 2016 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 8 increasing their positions, 18 reducing their positions, and 14 closing their positions.
0.52% more ownership
Funds ownership: 31.05% → 31.58% (+0.52%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
9% less funds holding
Funds holding: 46 → 42 (-4)
11% less capital invested
Capital invested by funds: $105M → $93.1M (-$12.1M)
21% less first-time investments, than exits
New positions opened: 11 | Existing positions closed: 14
26% less call options, than puts
Call options by funds: $484M | Put options by funds: $656M
56% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$8.89M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$7.94M |
| 3 |
DS
DRW Securities
Chicago,
Illinois
|
+$1.92M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$1.62M |
| 5 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
+$1.5M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$11.3M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
-$10.1M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$9.64M |
| 4 |
VF
Virtu Financial
New York
|
-$6.04M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$3.7M |
TNA Hedge Fund Activity: Q3 2016 in Review
42 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bull 3x ETF (TNA) for Q3 2016, worth a combined $93.1M — down 11% from $105M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of TNA and 11 opened new positions — a net loss of 3 holders — while 18 trimmed existing stakes and 8 added.
The largest buyer was Timber Hill, adding an estimated $8.89M. The largest seller was BNP Paribas Financial Markets, cutting an estimated $11.3M.
- 42 institutional investors held Direxion Daily Small Cap Bull 3x ETF (TNA) as of Q3 2016, down from 46 in Q2 2016.
- Funds reported $93.1M of Direxion Daily Small Cap Bull 3x ETF stock for Q3 2016, down 11% quarter-over-quarter.
- 11 funds opened new Direxion Daily Small Cap Bull 3x ETF positions in Q3 2016 and 14 closed out, a net change of -3 holders.
- The largest Direxion Daily Small Cap Bull 3x ETF buyer in Q3 2016 was Timber Hill, an estimated $8.89M added.
- The largest Direxion Daily Small Cap Bull 3x ETF seller in Q3 2016 was BNP Paribas Financial Markets, an estimated $11.3M sold.
Based on aggregated 13F filings for Q3 2016.