Direxion Daily Small Cap Bull 3x ETF
50 hedge funds and large institutions have $37M invested in Direxion Daily Small Cap Bull 3x ETF in 2022 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 16 increasing their positions, 11 reducing their positions, and 26 closing their positions.
201% more call options, than puts
Call options by funds: $111M | Put options by funds: $36.9M
45% more repeat investments, than reductions
Existing positions increased: 16 | Existing positions reduced: 11
2.29% less ownership
Funds ownership: 6.09% → 3.8% (-2.3%)
23% less funds holding
Funds holding: 65 → 50 (-15)
54% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 26
61% less capital invested
Capital invested by funds: $95.4M → $37M (-$58.4M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NAM
Nexpoint Asset Management
Dallas,
Texas
|
+$12.9M |
| 2 |
Jane Street
New York
|
+$6.11M |
| 3 |
JF
Jump Financial
Chicago,
Illinois
|
+$4.43M |
| 4 |
XS
XR Securities
Chicago,
Illinois
|
+$1.25M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$586K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
-$20.3M |
| 2 |
CI
CPR Investments
Rochester,
Michigan
|
-$7.79M |
| 3 |
CCS
Crosspoint Capital Strategies
Orinda,
California
|
-$7.64M |
| 4 |
ATPW
Ashton Thomas Private Wealth
Scottsdale,
Arizona
|
-$6.66M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.28M |
TNA Hedge Fund Activity: Q2 2022 in Review
50 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bull 3x ETF (TNA) for Q2 2022, worth a combined $37M — down 61% from $95.4M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of TNA and 12 opened new positions — a net loss of 14 holders — while 11 trimmed existing stakes and 16 added.
The largest buyer was Nexpoint Asset Management, opening a new position worth an estimated $12.9M. The largest seller was Tidal Investments, exiting entirely with an estimated $20.3M sold.
- 50 institutional investors held Direxion Daily Small Cap Bull 3x ETF (TNA) as of Q2 2022, down from 65 in Q1 2022.
- Funds reported $37M of Direxion Daily Small Cap Bull 3x ETF stock for Q2 2022, down 61% quarter-over-quarter.
- 12 funds opened new Direxion Daily Small Cap Bull 3x ETF positions in Q2 2022 and 26 closed out, a net change of -14 holders.
- The largest Direxion Daily Small Cap Bull 3x ETF buyer in Q2 2022 was Nexpoint Asset Management, an estimated $12.9M added.
- The largest Direxion Daily Small Cap Bull 3x ETF seller in Q2 2022 was Tidal Investments, an estimated $20.3M sold.
Based on aggregated 13F filings for Q2 2022.