Direxion Daily Dow Jones Internet Bear 3X ETF
WEBS
6 hedge funds and large institutions have $1.6M invested in Direxion Daily Dow Jones Internet Bear 3X ETF in 2024 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 4 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
0.3% less ownership
Funds ownership: 1.21% → 0.91% (-0.3%)
31% less capital invested
Capital invested by funds: $2.32M → $1.6M (-$727K)
33% less funds holding
Funds holding: 9 → 6 (-3)
75% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 4
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$194K |
| 2 |
QC
Quadrature Capital
London,
United Kingdom
|
+$111K |
| 3 |
IMC Chicago
Chicago,
Illinois
|
+$12.6K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$325K |
| 2 |
Renaissance Technologies
New York
|
-$266K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$189K |
| 4 |
GS
GTS Securities
New York
|
-$158K |
| 5 |
Jane Street
New York
|
-$81.7K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
HF
1
HRT Financial
New York
| $503K | -$325K | -4,861 | -38% |
|
|
VF
2
Virtu Financial
New York
| $489K | +$194K | +2,907 | +59% |
|
|
3
IMC Chicago
Chicago,
Illinois
| $414K | +$12.6K | +188 | +3% |
|
|
QC
4
Quadrature Capital
London,
United Kingdom
| $104K | +$111K | +1,667 | New |
|
|
5
Jane Street
New York
| $84.2K | -$81.7K | -1,223 | -48% |
|
|
TRCT
6
Tower Research Capital (TRC)
New York
| $1.87K | – | – | – |
|
7
UBS Group
Zurich,
Switzerland
| $19 | -$25.7K | -385 | Closed |
|
8
Morgan Stanley
New York
| $7 | – | – | – |
|
9
Fidelity Investments
Boston,
Massachusetts
| $6 | – | – | – |
|
|
10
Renaissance Technologies
New York
| – | -$266K | -4,240 | Closed |
|
|
11
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$189K | -3,009 | Closed |
|
|
GS
12
GTS Securities
New York
| – | -$158K | -2,514 | Closed |
|
WEBS Hedge Fund Activity: Q2 2024 in Review
6 of the 6,927 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Dow Jones Internet Bear 3X ETF (WEBS) for Q2 2024, worth a combined $1.6M — down 31% from $2.32M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of WEBS and 1 opened new positions — a net loss of 3 holders — while 2 trimmed existing stakes and 2 added.
The largest buyer was Virtu Financial, adding an estimated $194K. The largest seller was HRT Financial, cutting an estimated $325K.
- 6 institutional investors held Direxion Daily Dow Jones Internet Bear 3X ETF (WEBS) as of Q2 2024, down from 9 in Q1 2024.
- Funds reported $1.6M of Direxion Daily Dow Jones Internet Bear 3X ETF stock for Q2 2024, down 31% quarter-over-quarter.
- 1 fund opened new Direxion Daily Dow Jones Internet Bear 3X ETF positions in Q2 2024 and 4 closed out, a net change of -3 holders.
- The largest Direxion Daily Dow Jones Internet Bear 3X ETF buyer in Q2 2024 was Virtu Financial, an estimated $194K added.
- The largest Direxion Daily Dow Jones Internet Bear 3X ETF seller in Q2 2024 was HRT Financial, an estimated $325K sold.
Based on aggregated 13F filings for Q2 2024.