Direxion Daily Small Cap Bull 3x ETF
53 hedge funds and large institutions have $117M invested in Direxion Daily Small Cap Bull 3x ETF in 2018 Q4 according to their latest regulatory filings, with 19 funds opening new positions, 17 increasing their positions, 7 reducing their positions, and 18 closing their positions.
143% more repeat investments, than reductions
Existing positions increased: 17 | Existing positions reduced: 7
41% more capital invested
Capital invested by funds: $83.4M → $117M (+$34M)
4.53% more ownership
Funds ownership: 11.2% → 15.72% (+4.5%)
2% more funds holding
Funds holding: 52 → 53 (+1)
6% more first-time investments, than exits
New positions opened: 19 | Existing positions closed: 18
2% less call options, than puts
Call options by funds: $148M | Put options by funds: $151M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
G
Gainplan
Bloomfield Hills,
Michigan
|
+$34.9M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$25.5M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$15.6M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$12.7M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$8.64M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$17.9M |
| 2 |
Morgan Stanley
New York
|
-$7.82M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
-$2.1M |
| 4 |
CCS
Crosspoint Capital Strategies
Orinda,
California
|
-$1.78M |
| 5 |
HCM
Hollencrest Capital Management
Newport Beach,
California
|
-$734K |
TNA Hedge Fund Activity: Q4 2018 in Review
53 of the 4,505 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bull 3x ETF (TNA) for Q4 2018, worth a combined $117M — up 41% from $83.4M a quarter earlier.
Buyers outnumbered sellers: 19 funds opened new TNA positions and 18 closed out — a net gain of 1 holder — while 17 added to existing stakes and 7 trimmed.
The largest buyer was Gainplan, opening a new position worth an estimated $34.9M. The largest seller was BNP Paribas Financial Markets, exiting entirely with an estimated $17.9M sold.
- 53 institutional investors held Direxion Daily Small Cap Bull 3x ETF (TNA) as of Q4 2018, up from 52 in Q3 2018.
- Funds reported $117M of Direxion Daily Small Cap Bull 3x ETF stock for Q4 2018, up 41% quarter-over-quarter.
- 19 funds opened new Direxion Daily Small Cap Bull 3x ETF positions in Q4 2018 and 18 closed out, a net change of +1 holder.
- The largest Direxion Daily Small Cap Bull 3x ETF buyer in Q4 2018 was Gainplan, an estimated $34.9M added.
- The largest Direxion Daily Small Cap Bull 3x ETF seller in Q4 2018 was BNP Paribas Financial Markets, an estimated $17.9M sold.
Based on aggregated 13F filings for Q4 2018.