Direxion Daily Dow Jones Internet Bear 3X ETF
WEBS
10 hedge funds and large institutions have $1.9M invested in Direxion Daily Dow Jones Internet Bear 3X ETF in 2023 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 3 closing their positions.
52,000% more call options, than puts
Call options by funds: $521K | Put options by funds: $1K
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
0% more first-time investments, than exits
New positions opened: 3 | Existing positions closed: 3
0.31% less ownership
Funds ownership: 0.86% → 0.55% (-0.31%)
9% less funds holding
Funds holding: 11 → 10 (-1)
49% less capital invested
Capital invested by funds: $3.72M → $1.9M (-$1.82M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.39M |
| 2 |
HF
HRT Financial
New York
|
+$102K |
| 3 |
Belvedere Trading
Chicago,
Illinois
|
+$45.6K |
| 4 |
CG
Cutler Group
San Francisco,
California
|
+$27.6K |
| 5 |
QT
Quantbot Technologies
New York
|
+$24.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$704K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$587K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$408K |
| 4 |
Goldman Sachs
New York
|
-$308K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$61.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Citadel Advisors
Miami,
Florida
| $1.42M | +$1.39M | +5,536 | +284% |
|
|
HF
2
HRT Financial
New York
| $342K | +$102K | +406 | +29% |
|
|
CG
3
Cutler Group
San Francisco,
California
| $54K | +$27.6K | +110 | +63% |
|
|
4
Belvedere Trading
Chicago,
Illinois
| $34.5K | +$45.6K | +182 | New |
|
|
QT
5
Quantbot Technologies
New York
| $28.1K | +$24.3K | +97 | +190% |
|
|
TRCT
6
Tower Research Capital (TRC)
New York
| $13K | -$587K | -2,340 | -97% |
|
|
IA
7
IFP Advisors
Tampa,
Florida
| $4.17K | – | – | – |
|
8
JP Morgan Chase
New York
| $4K | +$5.01K | +20 | New |
|
9
Bank of America
Charlotte,
North Carolina
| $171 | +$251 | +1 | New |
|
|
10
UBS Group
Zurich,
Switzerland
| $114 | -$61.4K | -245 | -100% |
|
|
VF
11
Virtu Financial
New York
| – | -$704K | -1,909 | Closed |
|
|
12
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$408K | -1,106 | Closed |
|
|
13
Goldman Sachs
New York
| – | -$308K | -834 | Closed |
|
WEBS Hedge Fund Activity: Q1 2023 in Review
10 of the 6,277 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Dow Jones Internet Bear 3X ETF (WEBS) for Q1 2023, worth a combined $1.9M — down 49% from $3.72M a quarter earlier.
Fund positioning in WEBS was balanced in Q1 2023: 3 funds opened new positions, 3 closed out, 4 added to existing stakes and 2 trimmed.
The largest buyer was Citadel Advisors, adding an estimated $1.39M. The largest seller was Virtu Financial, exiting entirely with an estimated $704K sold.
- 10 institutional investors held Direxion Daily Dow Jones Internet Bear 3X ETF (WEBS) as of Q1 2023, down from 11 in Q4 2022.
- Funds reported $1.9M of Direxion Daily Dow Jones Internet Bear 3X ETF stock for Q1 2023, down 49% quarter-over-quarter.
- 3 funds opened new Direxion Daily Dow Jones Internet Bear 3X ETF positions in Q1 2023 and 3 closed out, a net change of 0 holders.
- The largest Direxion Daily Dow Jones Internet Bear 3X ETF buyer in Q1 2023 was Citadel Advisors, an estimated $1.39M added.
- The largest Direxion Daily Dow Jones Internet Bear 3X ETF seller in Q1 2023 was Virtu Financial, an estimated $704K sold.
Based on aggregated 13F filings for Q1 2023.