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Direxion Daily Dow Jones Internet Bear 3X ETF

5 hedge funds and large institutions have $1.1M invested in Direxion Daily Dow Jones Internet Bear 3X ETF in 2023 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 2 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

14,700% more call options, than puts

Call options by funds: $148K | Put options by funds: $1K

9.77% less ownership

Funds ownership: 14.68% → 4.92% (-9.8%)

50% less funds holding

Funds holding: 10 → 5 (-5)

50% less repeat investments, than reductions

Existing positions increased: 1 | Existing positions reduced: 2

71% less first-time investments, than exits

New positions opened: 2 | Existing positions closed: 7

79% less capital invested

Capital invested by funds: $5.15M → $1.1M (-$4.05M)

Holders
5
Holders Change
-5
Holders Change %
-50%
% of All Funds
0.07%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
2
Increased
1
Reduced
2
Closed
7
Calls
$148K
Puts
$1K
Net Calls
+$147K
Net Calls Change
-$148K

WEBS Hedge Fund Activity: Q4 2023 in Review

5 of the 6,871 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Dow Jones Internet Bear 3X ETF (WEBS) for Q4 2023, worth a combined $1.1M — down 79% from $5.15M a quarter earlier.

Sellers outnumbered buyers: 7 funds closed out of WEBS and 2 opened new positions — a net loss of 5 holders — while 2 trimmed existing stakes and 1 added.

The largest buyer was Renaissance Technologies, opening a new position worth an estimated $221K. The largest seller was HRT Financial, cutting an estimated $1.03M.

  • 5 institutional investors held Direxion Daily Dow Jones Internet Bear 3X ETF (WEBS) as of Q4 2023, down from 10 in Q3 2023.
  • Funds reported $1.1M of Direxion Daily Dow Jones Internet Bear 3X ETF stock for Q4 2023, down 79% quarter-over-quarter.
  • 2 funds opened new Direxion Daily Dow Jones Internet Bear 3X ETF positions in Q4 2023 and 7 closed out, a net change of -5 holders.
  • The largest Direxion Daily Dow Jones Internet Bear 3X ETF buyer in Q4 2023 was Renaissance Technologies, an estimated $221K added.
  • The largest Direxion Daily Dow Jones Internet Bear 3X ETF seller in Q4 2023 was HRT Financial, an estimated $1.03M sold.

Based on aggregated 13F filings for Q4 2023.