Direxion Daily Small Cap Bull 3x ETF
84 hedge funds and large institutions have $238M invested in Direxion Daily Small Cap Bull 3x ETF in 2023 Q4 according to their latest regulatory filings, with 44 funds opening new positions, 27 increasing their positions, 11 reducing their positions, and 11 closing their positions.
385% more capital invested
Capital invested by funds: $49.1M → $238M (+$189M)
300% more first-time investments, than exits
New positions opened: 44 | Existing positions closed: 11
145% more repeat investments, than reductions
Existing positions increased: 27 | Existing positions reduced: 11
62% more funds holding
Funds holding: 52 → 84 (+32)
29% more call options, than puts
Call options by funds: $180M | Put options by funds: $140M
5.28% more ownership
Funds ownership: 3.72% → 9% (+5.3%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$33.1M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$16.6M |
| 3 |
TCM
Thames Capital Management
Roseland,
New Jersey
|
+$13.1M |
| 4 |
CCM
Connective Capital Management
Palo Alto,
California
|
+$11.1M |
| 5 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$7.49M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$12M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
-$5.48M |
| 3 |
Squarepoint
New York
|
-$5.08M |
| 4 |
XS
XR Securities
Chicago,
Illinois
|
-$1.88M |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$1.12M |
TNA Hedge Fund Activity: Q4 2023 in Review
84 of the 6,869 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bull 3x ETF (TNA) for Q4 2023, worth a combined $238M — up 385% from $49.1M a quarter earlier.
Buyers outnumbered sellers: 44 funds opened new TNA positions and 11 closed out — a net gain of 33 holders — while 27 added to existing stakes and 11 trimmed.
The largest buyer was Jane Street, adding an estimated $33.1M. The largest seller was Citadel Advisors, cutting an estimated $12M.
- 84 institutional investors held Direxion Daily Small Cap Bull 3x ETF (TNA) as of Q4 2023, up from 52 in Q3 2023.
- Funds reported $238M of Direxion Daily Small Cap Bull 3x ETF stock for Q4 2023, up 385% quarter-over-quarter.
- 44 funds opened new Direxion Daily Small Cap Bull 3x ETF positions in Q4 2023 and 11 closed out, a net change of +33 holders.
- The largest Direxion Daily Small Cap Bull 3x ETF buyer in Q4 2023 was Jane Street, an estimated $33.1M added.
- The largest Direxion Daily Small Cap Bull 3x ETF seller in Q4 2023 was Citadel Advisors, an estimated $12M sold.
Based on aggregated 13F filings for Q4 2023.