Direxion Daily Technology Bear 3x ETF

TECS

Market cap $75.4M

TECS Hedge Fund Activity: Q1 2026 in Review

16 of the 8,132 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q1 2026, worth a combined $14.4M — up 100% from $7.19M a quarter earlier.

Fund positioning in TECS was balanced in Q1 2026: 7 funds opened new positions, 7 closed out, 4 added to existing stakes and 5 trimmed.

The largest buyer was BNP Paribas Financial Markets, opening a new position worth an estimated $5.45M. The largest seller was Quadrature Capital, exiting entirely with an estimated $1.07M sold.

• 16 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q1 2026, unchanged from Q4 2025.
• Funds reported $14.4M of Direxion Daily Technology Bear 3x ETF stock for Q1 2026, up 100% quarter-over-quarter.
• 7 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q1 2026 and 7 closed out, a net change of 0 holders.
• The largest Direxion Daily Technology Bear 3x ETF buyer in Q1 2026 was BNP Paribas Financial Markets, an estimated $5.45M added.
• The largest Direxion Daily Technology Bear 3x ETF seller in Q1 2026 was Quadrature Capital, an estimated $1.07M sold.

Based on aggregated 13F filings for Q1 2026.