Direxion Daily Small Cap Bull 3x ETF
61 hedge funds and large institutions have $72.3M invested in Direxion Daily Small Cap Bull 3x ETF in 2023 Q2 according to their latest regulatory filings, with 22 funds opening new positions, 20 increasing their positions, 8 reducing their positions, and 10 closing their positions.
150% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 8
120% more first-time investments, than exits
New positions opened: 22 | Existing positions closed: 10
41% more capital invested
Capital invested by funds: $51.4M → $72.3M (+$20.9M)
22% more funds holding
Funds holding: 50 → 61 (+11)
0.8% more ownership
Funds ownership: 4.25% → 5.04% (+0.8%)
11% less call options, than puts
Call options by funds: $90.5M | Put options by funds: $101M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$6.6M |
| 2 |
ATPW
Ashton Thomas Private Wealth
Scottsdale,
Arizona
|
+$5.04M |
| 3 |
BIM
Bullseye Investment Management
Cincinnati,
Ohio
|
+$3.79M |
| 4 |
Squarepoint
New York
|
+$2.7M |
| 5 |
Jane Street
New York
|
+$1.99M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$6.87M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.33M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
-$2.24M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$2.23M |
| 5 |
VF
Virtu Financial
New York
|
-$1.19M |
TNA Hedge Fund Activity: Q2 2023 in Review
61 of the 6,383 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bull 3x ETF (TNA) for Q2 2023, worth a combined $72.3M — up 41% from $51.4M a quarter earlier.
Buyers outnumbered sellers: 22 funds opened new TNA positions and 10 closed out — a net gain of 12 holders — while 20 added to existing stakes and 8 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $6.6M. The largest seller was Tower Research Capital (TRC), cutting an estimated $6.87M.
- 61 institutional investors held Direxion Daily Small Cap Bull 3x ETF (TNA) as of Q2 2023, up from 50 in Q1 2023.
- Funds reported $72.3M of Direxion Daily Small Cap Bull 3x ETF stock for Q2 2023, up 41% quarter-over-quarter.
- 22 funds opened new Direxion Daily Small Cap Bull 3x ETF positions in Q2 2023 and 10 closed out, a net change of +12 holders.
- The largest Direxion Daily Small Cap Bull 3x ETF buyer in Q2 2023 was Citadel Advisors, an estimated $6.6M added.
- The largest Direxion Daily Small Cap Bull 3x ETF seller in Q2 2023 was Tower Research Capital (TRC), an estimated $6.87M sold.
Based on aggregated 13F filings for Q2 2023.