Direxion Daily Small Cap Bull 3x ETF
102 hedge funds and large institutions have $209M invested in Direxion Daily Small Cap Bull 3x ETF in 2025 Q3 according to their latest regulatory filings, with 29 funds opening new positions, 22 increasing their positions, 36 reducing their positions, and 17 closing their positions.
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
71% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 17
35% more call options, than puts
Call options by funds: $341M | Put options by funds: $252M
13% more funds holding
Funds holding: 90 → 102 (+12)
1% less capital invested
Capital invested by funds: $211M → $209M (-$2.01M)
1.38% less ownership
Funds ownership: 10.39% → 9.01% (-1.4%)
39% less repeat investments, than reductions
Existing positions increased: 22 | Existing positions reduced: 36
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Sollinda Capital Management
Miami,
Florida
|
+$17.2M |
| 2 |
AWM
Axxcess Wealth Management
Carlsbad,
California
|
+$5.07M |
| 3 |
RCM
Ridgepath Capital Management
Knoxville,
Tennessee
|
+$5.07M |
| 4 |
JF
Jump Financial
Chicago,
Illinois
|
+$4.21M |
| 5 |
UBS Group
Zurich,
Switzerland
|
+$3.67M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
-$39.4M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$13.7M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$10.5M |
| 4 |
PIM
Peregrine Investment Management
Toronto,
Ontario, Canada
|
-$10.1M |
| 5 |
Squarepoint
New York
|
-$7.9M |
TNA Hedge Fund Activity: Q3 2025 in Review
102 of the 7,640 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bull 3x ETF (TNA) for Q3 2025, worth a combined $209M — down 0.95% from $211M a quarter earlier.
Buyers outnumbered sellers: 29 funds opened new TNA positions and 17 closed out — a net gain of 12 holders — while 22 added to existing stakes and 36 trimmed.
The largest buyer was Sollinda Capital Management, opening a new position worth an estimated $17.2M. The largest seller was Tidal Investments, exiting entirely with an estimated $39.4M sold.
- 102 institutional investors held Direxion Daily Small Cap Bull 3x ETF (TNA) as of Q3 2025, up from 90 in Q2 2025.
- Funds reported $209M of Direxion Daily Small Cap Bull 3x ETF stock for Q3 2025, down 0.95% quarter-over-quarter.
- 29 funds opened new Direxion Daily Small Cap Bull 3x ETF positions in Q3 2025 and 17 closed out, a net change of +12 holders.
- The largest Direxion Daily Small Cap Bull 3x ETF buyer in Q3 2025 was Sollinda Capital Management, an estimated $17.2M added.
- The largest Direxion Daily Small Cap Bull 3x ETF seller in Q3 2025 was Tidal Investments, an estimated $39.4M sold.
Based on aggregated 13F filings for Q3 2025.