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

Emancipation Management’s Portfolio TZA Stock Details TZA Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2019 Q4	–	Sell	-188	Closed	-$705K	–	21
2019 Q3	$705K	Buy	+188	New	+$715K	2.5%	13
2019 Q2	–	Sell	-113	Closed	-$443K	–	27
2019 Q1	$443K	Buy	+113	New	+$484K	1.15%	24

Other funds holding TZA

Morgan Stanley New York $1.66T AUM 25.57% 1-Year Est. Return

Susquehanna International Group Bala Cynwyd, Pennsylvania $893B AUM 36.07% 1-Year Est. Return

Citadel Advisors Miami, Florida $618B AUM 30.34% 1-Year Est. Return

Virtu Financial New York $2.41B AUM 48.35% 1-Year Est. Return

Simplex Trading Chicago, Illinois $149B AUM 62.07% 1-Year Est. Return

Jane Street New York $777B AUM 61.18% 1-Year Est. Return

IMC Chicago Chicago, Illinois $278B AUM 44.93% 1-Year Est. Return

Royal Bank of Canada Toronto, Ontario, Canada $570B AUM 27.57% 1-Year Est. Return

FTUS

Flow Traders U.S. New York $3.16B AUM 19.52% 1-Year Est. Return

1CM

1492 Capital Management Milwaukee, Wisconsin $263M AUM 61.9% 1-Year Est. Return

Emancipation Management's TZA Position: Q4 2019 in Review

Emancipation Management sold out of Direxion Daily Small Cap Bear 3x ETF (TZA) in Q4 2019, closing a stake of 188 shares — an estimated $705K sold.

Emancipation Management first reported a position in TZA in Q1 2019 and held it in 2 quarters. The position peaked at $705K in Q3 2019. 22 funds tracked by Wall St. Rank hold TZA as of Q4 2019.

Emancipation Management reported no remaining Direxion Daily Small Cap Bear 3x ETF position as of Q4 2019 after selling out during the quarter.
Emancipation Management sold 188 Direxion Daily Small Cap Bear 3x ETF shares in Q4 2019, an estimated $705K.
Emancipation Management first reported a position in Direxion Daily Small Cap Bear 3x ETF in Q1 2019 and held it in 2 quarters.
Emancipation Management's Direxion Daily Small Cap Bear 3x ETF position peaked at $705K in Q3 2019.
22 funds tracked by Wall St. Rank held Direxion Daily Small Cap Bear 3x ETF as of Q4 2019.

Based on Emancipation Management's 13F filing for Q4 2019, filed 10 Feb 2020.