Direxion Daily Small Cap Bull 3x ETF
51 hedge funds and large institutions have $69.8M invested in Direxion Daily Small Cap Bull 3x ETF in 2019 Q1 according to their latest regulatory filings, with 15 funds opening new positions, 8 increasing their positions, 15 reducing their positions, and 16 closing their positions.
33% more funds holding in top 10
Funds holding in top 10: 3 → 4 (+1)
6% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 16
4% less funds holding
Funds holding: 53 → 51 (-2)
7.79% less ownership
Funds ownership: 15.72% → 7.94% (-7.8%)
27% less call options, than puts
Call options by funds: $165M | Put options by funds: $226M
41% less capital invested
Capital invested by funds: $117M → $69.8M (-$47.7M)
47% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$7.33M |
| 2 |
TSS
Two Sigma Securities
New York
|
+$5.51M |
| 3 |
CCS
Crosspoint Capital Strategies
Orinda,
California
|
+$1.89M |
| 4 |
MVP
Miller Value Partners
Sarasota,
Florida
|
+$586K |
| 5 |
OMC
Old Mission Capital
Chicago,
Illinois
|
+$379K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$24.6M |
| 2 |
G
Gainplan
Bloomfield Hills,
Michigan
|
-$24.1M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$14.8M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$11.6M |
| 5 |
IMC Chicago
Chicago,
Illinois
|
-$5.92M |
TNA Hedge Fund Activity: Q1 2019 in Review
51 of the 4,633 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bull 3x ETF (TNA) for Q1 2019, worth a combined $69.8M — down 41% from $117M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of TNA and 15 opened new positions — a net loss of 1 holder — while 15 trimmed existing stakes and 8 added.
The largest buyer was BNP Paribas Financial Markets, opening a new position worth an estimated $7.33M. The largest seller was Susquehanna International Group, cutting an estimated $24.6M.
- 51 institutional investors held Direxion Daily Small Cap Bull 3x ETF (TNA) as of Q1 2019, down from 53 in Q4 2018.
- Funds reported $69.8M of Direxion Daily Small Cap Bull 3x ETF stock for Q1 2019, down 41% quarter-over-quarter.
- 15 funds opened new Direxion Daily Small Cap Bull 3x ETF positions in Q1 2019 and 16 closed out, a net change of -1 holder.
- The largest Direxion Daily Small Cap Bull 3x ETF buyer in Q1 2019 was BNP Paribas Financial Markets, an estimated $7.33M added.
- The largest Direxion Daily Small Cap Bull 3x ETF seller in Q1 2019 was Susquehanna International Group, an estimated $24.6M sold.
Based on aggregated 13F filings for Q1 2019.