Direxion Daily Small Cap Bull 3x ETF
100 hedge funds and large institutions have $260M invested in Direxion Daily Small Cap Bull 3x ETF in 2024 Q3 according to their latest regulatory filings, with 36 funds opening new positions, 25 increasing their positions, 30 reducing their positions, and 16 closing their positions.
125% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 16
50% more funds holding in top 10
Funds holding in top 10: 2 → 3 (+1)
40% more capital invested
Capital invested by funds: $186M → $260M (+$74.3M)
38% more call options, than puts
Call options by funds: $331M | Put options by funds: $239M
25% more funds holding
Funds holding: 80 → 100 (+20)
1.35% more ownership
Funds ownership: 8.77% → 10.12% (+1.4%)
17% less repeat investments, than reductions
Existing positions increased: 25 | Existing positions reduced: 30
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$28.1M |
| 2 |
QC
Quadrature Capital
London,
United Kingdom
|
+$23.8M |
| 3 |
HCM
Hollencrest Capital Management
Newport Beach,
California
|
+$19.6M |
| 4 |
EWM
Elevatus Welath Management
Victor,
New York
|
+$14.3M |
| 5 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
+$10.8M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$22.2M |
| 2 |
Squarepoint
New York
|
-$10.7M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
-$9.57M |
| 4 |
TCM
Thames Capital Management
Roseland,
New Jersey
|
-$8.25M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$6.47M |
TNA Hedge Fund Activity: Q3 2024 in Review
100 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bull 3x ETF (TNA) for Q3 2024, worth a combined $260M — up 40% from $186M a quarter earlier.
Buyers outnumbered sellers: 36 funds opened new TNA positions and 16 closed out — a net gain of 20 holders — while 25 added to existing stakes and 30 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $28.1M. The largest seller was Bank of America, cutting an estimated $22.2M.
- 100 institutional investors held Direxion Daily Small Cap Bull 3x ETF (TNA) as of Q3 2024, up from 80 in Q2 2024.
- Funds reported $260M of Direxion Daily Small Cap Bull 3x ETF stock for Q3 2024, up 40% quarter-over-quarter.
- 36 funds opened new Direxion Daily Small Cap Bull 3x ETF positions in Q3 2024 and 16 closed out, a net change of +20 holders.
- The largest Direxion Daily Small Cap Bull 3x ETF buyer in Q3 2024 was Citadel Advisors, an estimated $28.1M added.
- The largest Direxion Daily Small Cap Bull 3x ETF seller in Q3 2024 was Bank of America, an estimated $22.2M sold.
Based on aggregated 13F filings for Q3 2024.