Wolverine Trading’s Direxion Daily Small Cap Bear 3x ETF TZA Stock Holding History

Wolverine Trading’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
2025 Q3	$575K	Buy	+6,968	New	+$688K	﹤0.01%	3546
2024 Q1	–	Sell	-1,187	Closed	-$237K	–	5330
2023 Q4	$237K	Buy	+1,187	New	+$355K	﹤0.01%	3706
2023 Q1	–	Sell	-2,874	Closed	-$855K	–	4985
2022 Q4	$1.01M	Buy	+2,874	New	+$1M	﹤0.01%	1833
2022 Q3	–	Sell	-1,222	Closed	-$448K	–	5372
2022 Q2	$558K	Sell	1,222 -5,033	-80%	-$2.02M	﹤0.01%	2433
2022 Q1	$1.85M	Buy	+6,255	New	+$2.09M	﹤0.01%	1844
2021 Q2	–	Sell	-1,045	Closed	-$371K	–	6736
2021 Q1	$371K	Sell	1,045 -209	-17%	-$79.9K	﹤0.01%	4163
2020 Q4	$687K	Buy	+1,254	New	+$1.07M	﹤0.01%	2804
2020 Q3	–	Sell	-2,075	Closed	-$2.95M	–	5165
2020 Q2	$3.66M	Buy	2,075 +1,961	+1,720%	+$5.35M	0.01%	996
2020 Q1	$535K	Buy	+114	New	+$442K	﹤0.01%	2585
2019 Q1	–	Sell	-118	Closed	-$506K	–	5336
2018 Q4	$738K	Buy	+118	New	+$562K	﹤0.01%	2261
2017 Q2	–	Sell	-96	Closed	-$672K	–	4983
2017 Q1	$695K	Buy	+96	New	+$723K	﹤0.01%	2038

Other funds holding TZA

TSS

Two Sigma Securities New York $861M AUM 21.33% 1-Year Est. Return

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

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

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

Group One Trading Chicago, Illinois $52.2B AUM 104.56% 1-Year Est. Return

BPAMU

BTG Pactual Asset Management US New York $1.16B AUM 24.04% 1-Year Est. Return

Bank of New York Mellon New York $544B AUM 28.31% 1-Year Est. Return

Choreo LLC Rockford, Illinois $8.15B AUM 20.12% 1-Year Est. Return

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

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

Wolverine Trading's TZA Position: Q3 2025 in Review

Wolverine Trading opened a new position in Direxion Daily Small Cap Bear 3x ETF (TZA) in Q3 2025: 6,968 shares worth $575K. The stake represents ﹤0.01% of the portfolio and ranks #3546 among its holdings. This is a return to the name: Wolverine Trading previously reported a position in TZA as recently as Q4 2023.

Wolverine Trading first reported a position in TZA in Q1 2017 and has held it in 11 quarters since. The position peaked at $3.66M in Q2 2020. 38 funds tracked by Wall St. Rank hold TZA as of Q3 2025.

Wolverine Trading held 6,968 shares of Direxion Daily Small Cap Bear 3x ETF worth $575K as of Q3 2025.
Direxion Daily Small Cap Bear 3x ETF was a new Wolverine Trading position in Q3 2025.
Direxion Daily Small Cap Bear 3x ETF made up ﹤0.01% of Wolverine Trading's portfolio in Q3 2025, its #3546 holding.
Wolverine Trading first reported a position in Direxion Daily Small Cap Bear 3x ETF in Q1 2017 and has held it in 11 quarters since.
Wolverine Trading's Direxion Daily Small Cap Bear 3x ETF position peaked at $3.66M in Q2 2020.
38 funds tracked by Wall St. Rank held Direxion Daily Small Cap Bear 3x ETF as of Q3 2025.

Based on Wolverine Trading's 13F filing for Q3 2025, filed 14 Nov 2025.