Direxion Daily Small Cap Bull 3x ETF
48 hedge funds and large institutions have $68.9M invested in Direxion Daily Small Cap Bull 3x ETF in 2018 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 14 increasing their positions, 12 reducing their positions, and 10 closing their positions.
20% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 10
17% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 12
4% more funds holding
Funds holding: 46 → 48 (+2)
4.27% less ownership
Funds ownership: 13.62% → 9.35% (-4.3%)
32% less capital invested
Capital invested by funds: $102M → $68.9M (-$33M)
33% less call options, than puts
Call options by funds: $193M | Put options by funds: $288M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$10.8M |
| 2 |
G
Gainplan
Bloomfield Hills,
Michigan
|
+$6.12M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$5.1M |
| 4 |
TMC
Trellus Management Company
Delray Beach,
Florida
|
+$3.07M |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$2.44M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$23.4M |
| 2 |
JG
Jefferies Group
New York
|
-$17.6M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$5.98M |
| 4 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$5.92M |
| 5 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
-$2.85M |
TNA Hedge Fund Activity: Q1 2018 in Review
48 of the 4,373 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bull 3x ETF (TNA) for Q1 2018, worth a combined $68.9M — down 32% from $102M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new TNA positions and 10 closed out — a net gain of 2 holders — while 14 added to existing stakes and 12 trimmed.
The largest buyer was BNP Paribas Financial Markets, adding an estimated $10.8M. The largest seller was Morgan Stanley, cutting an estimated $23.4M.
- 48 institutional investors held Direxion Daily Small Cap Bull 3x ETF (TNA) as of Q1 2018, up from 46 in Q4 2017.
- Funds reported $68.9M of Direxion Daily Small Cap Bull 3x ETF stock for Q1 2018, down 32% quarter-over-quarter.
- 12 funds opened new Direxion Daily Small Cap Bull 3x ETF positions in Q1 2018 and 10 closed out, a net change of +2 holders.
- The largest Direxion Daily Small Cap Bull 3x ETF buyer in Q1 2018 was BNP Paribas Financial Markets, an estimated $10.8M added.
- The largest Direxion Daily Small Cap Bull 3x ETF seller in Q1 2018 was Morgan Stanley, an estimated $23.4M sold.
Based on aggregated 13F filings for Q1 2018.