Direxion Daily Small Cap Bull 3x ETF
76 hedge funds and large institutions have $89.9M invested in Direxion Daily Small Cap Bull 3x ETF in 2026 Q1 according to their latest regulatory filings, with 25 funds opening new positions, 18 increasing their positions, 17 reducing their positions, and 34 closing their positions.
1.02% more ownership
Funds ownership: 5.51% → 6.53% (+1%)
6% more repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 17
5% less capital invested
Capital invested by funds: $94.9M → $89.9M (-$4.97M)
11% less funds holding
Funds holding: 85 → 76 (-9)
15% less call options, than puts
Call options by funds: $213M | Put options by funds: $251M
26% less first-time investments, than exits
New positions opened: 25 | Existing positions closed: 34
50% less funds holding in top 10
Funds holding in top 10: 2 → 1 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
UBS Group
Zurich,
Switzerland
|
+$15.4M |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$10.5M |
| 3 |
GS
GTS Securities
Miami,
Florida
|
+$6.87M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$5.89M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.93M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QC
Quadrature Capital
London,
United Kingdom
|
-$23.4M |
| 2 |
TI
Tidal Investments
Milwaukee,
Wisconsin
|
-$7.02M |
| 3 |
RCM
Ridgepath Capital Management
Knoxville,
Tennessee
|
-$5.82M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$3.99M |
| 5 |
EMAM
Encompass More Asset Management
Danville,
California
|
-$3.14M |
TNA Hedge Fund Activity: Q1 2026 in Review
76 of the 8,191 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bull 3x ETF (TNA) for Q1 2026, worth a combined $89.9M — down 5.2% from $94.9M a quarter earlier.
Sellers outnumbered buyers: 34 funds closed out of TNA and 25 opened new positions — a net loss of 9 holders — while 17 trimmed existing stakes and 18 added.
The largest buyer was UBS Group, adding an estimated $15.4M. The largest seller was Quadrature Capital, cutting an estimated $23.4M.
- 76 institutional investors held Direxion Daily Small Cap Bull 3x ETF (TNA) as of Q1 2026, down from 85 in Q4 2025.
- Funds reported $89.9M of Direxion Daily Small Cap Bull 3x ETF stock for Q1 2026, down 5.2% quarter-over-quarter.
- 25 funds opened new Direxion Daily Small Cap Bull 3x ETF positions in Q1 2026 and 34 closed out, a net change of -9 holders.
- The largest Direxion Daily Small Cap Bull 3x ETF buyer in Q1 2026 was UBS Group, an estimated $15.4M added.
- The largest Direxion Daily Small Cap Bull 3x ETF seller in Q1 2026 was Quadrature Capital, an estimated $23.4M sold.
Based on aggregated 13F filings for Q1 2026.