Direxion Daily Small Cap Bull 3x ETF
53 hedge funds and large institutions have $146M invested in Direxion Daily Small Cap Bull 3x ETF in 2021 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 11 increasing their positions, 16 reducing their positions, and 20 closing their positions.
2.1% less ownership
Funds ownership: 11.53% → 9.43% (-2.1%)
15% less funds holding
Funds holding: 62 → 53 (-9)
16% less capital invested
Capital invested by funds: $173M → $146M (-$27.1M)
31% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 16
40% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 20
64% less call options, than puts
Call options by funds: $412M | Put options by funds: $1.16B
75% less funds holding in top 10
Funds holding in top 10: 4 → 1 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$13.6M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$8.92M |
| 3 |
Mercer Global Advisors
Denver,
Colorado
|
+$4.35M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$3.07M |
| 5 |
HJMC
Hellman Jordan Management Company
Quincy,
Massachusetts
|
+$1.46M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ATPW
Ashton Thomas Private Wealth
Scottsdale,
Arizona
|
-$8.64M |
| 2 |
Wolverine Trading
Chicago,
Illinois
|
-$7.24M |
| 3 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
-$4.64M |
| 4 |
Jane Street
New York
|
-$3.8M |
| 5 |
VF
Virtu Financial
New York
|
-$3.22M |
TNA Hedge Fund Activity: Q3 2021 in Review
53 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bull 3x ETF (TNA) for Q3 2021, worth a combined $146M — down 16% from $173M a quarter earlier.
Sellers outnumbered buyers: 20 funds closed out of TNA and 12 opened new positions — a net loss of 8 holders — while 16 trimmed existing stakes and 11 added.
The largest buyer was Susquehanna International Group, adding an estimated $13.6M. The largest seller was Ashton Thomas Private Wealth, exiting entirely with an estimated $8.64M sold.
- 53 institutional investors held Direxion Daily Small Cap Bull 3x ETF (TNA) as of Q3 2021, down from 62 in Q2 2021.
- Funds reported $146M of Direxion Daily Small Cap Bull 3x ETF stock for Q3 2021, down 16% quarter-over-quarter.
- 12 funds opened new Direxion Daily Small Cap Bull 3x ETF positions in Q3 2021 and 20 closed out, a net change of -8 holders.
- The largest Direxion Daily Small Cap Bull 3x ETF buyer in Q3 2021 was Susquehanna International Group, an estimated $13.6M added.
- The largest Direxion Daily Small Cap Bull 3x ETF seller in Q3 2021 was Ashton Thomas Private Wealth, an estimated $8.64M sold.
Based on aggregated 13F filings for Q3 2021.