Raffles Associates’s Direxion Daily Small Cap Bear 3x ETF TZA Stock Holding History

Raffles Associates’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
2018 Q1	–	Sell	-25	Closed	-$123K	–	45
2017 Q4	$123K	Sell	25 -188	-88%	-$981K	0.13%	46
2017 Q3	$1.16M	Buy	213 +25	+13%	+$162K	1.06%	25
2017 Q2	$1.23M	Hold	188	–	–	1.15%	25
2017 Q1	$1.35M	Hold	188	–	–	1.27%	23
2016 Q4	$1.49M	Buy	+188	New	+$1.85M	1.24%	25

Other funds holding TZA

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

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

TRCT

Tower Research Capital (TRC) New York $3.85B AUM 32.11% 1-Year Est. Return

Two Sigma Advisers New York $51.4B AUM 31.07% 1-Year Est. Return

Two Sigma Investments New York $124B AUM 33.93% 1-Year Est. Return

Goldman Sachs New York $871B AUM 31.28% 1-Year Est. Return

Barclays London, United Kingdom $416B AUM 33.63% 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

FCI

Financial Counselors Inc Overland Park, Kansas $70.9M AUM 16.78% 1-Year Est. Return

Raffles Associates's TZA Position: Q1 2018 in Review

Raffles Associates sold out of Direxion Daily Small Cap Bear 3x ETF (TZA) in Q1 2018, closing a stake of 25 shares — an estimated $123K sold.

Raffles Associates first reported a position in TZA in Q4 2016 and held it in 5 quarters. The position peaked at $1.49M in Q4 2016. 25 funds tracked by Wall St. Rank hold TZA as of Q1 2018.

Raffles Associates reported no remaining Direxion Daily Small Cap Bear 3x ETF position as of Q1 2018 after selling out during the quarter.
Raffles Associates sold 25 Direxion Daily Small Cap Bear 3x ETF shares in Q1 2018, an estimated $123K.
Raffles Associates first reported a position in Direxion Daily Small Cap Bear 3x ETF in Q4 2016 and held it in 5 quarters.
Raffles Associates's Direxion Daily Small Cap Bear 3x ETF position peaked at $1.49M in Q4 2016.
25 funds tracked by Wall St. Rank held Direxion Daily Small Cap Bear 3x ETF as of Q1 2018.

Based on Raffles Associates's 13F filing for Q1 2018, filed 15 May 2018.