Emancipation Management’s Direxion Daily Small Cap Bear 3x Shares TZA Stock Holding History

Quarter	Market Value	Status	Shares	Shares Change %	Trade Value	Portfolio Weight	Portfolio Position
2019 Q4	–	Sell	-15,000	Closed	-$705K	–	18
2019 Q3	$705K	Buy	+15,000	New	+$705K	2.5%	12
2019 Q2	–	Sell	-45,000	Closed	-$443K	–	25
2019 Q1	$443K	Buy	+45,000	New	+$443K	1.15%	24