Direxion Daily Technology Bear 3x ETF
TECS
20 hedge funds and large institutions have $37.9M invested in Direxion Daily Technology Bear 3x ETF in 2023 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 3 increasing their positions, 5 reducing their positions, and 5 closing their positions.
315% more call options, than puts
Call options by funds: $7.12M | Put options by funds: $1.71M
315% more capital invested
Capital invested by funds: $9.14M → $37.9M (+$28.8M)
100% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 5
33% more funds holding
Funds holding: 15 → 20 (+5)
0.16% more ownership
Funds ownership: 0.08% → 0.24% (+0.16%)
40% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$12.7M |
| 2 |
Jane Street
New York
|
+$10.5M |
| 3 |
HF
HRT Financial
New York
|
+$4.45M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$765K |
| 5 |
Goldman Sachs
New York
|
+$581K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FS
Ferguson Shapiro
Decatur,
Georgia
|
-$1.31M |
| 2 |
VF
Virtu Financial
New York
|
-$1.25M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$1.13M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$716K |
| 5 |
GS
GTS Securities
New York
|
-$541K |
TECS Hedge Fund Activity: Q3 2023 in Review
20 of the 6,302 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q3 2023, worth a combined $37.9M — up 315% from $9.14M a quarter earlier.
Buyers outnumbered sellers: 10 funds opened new TECS positions and 5 closed out — a net gain of 5 holders — while 3 added to existing stakes and 5 trimmed.
The largest buyer was Citadel Advisors, opening a new position worth an estimated $12.7M. The largest seller was Ferguson Shapiro, exiting entirely with an estimated $1.31M sold.
- 20 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q3 2023, up from 15 in Q2 2023.
- Funds reported $37.9M of Direxion Daily Technology Bear 3x ETF stock for Q3 2023, up 315% quarter-over-quarter.
- 10 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q3 2023 and 5 closed out, a net change of +5 holders.
- The largest Direxion Daily Technology Bear 3x ETF buyer in Q3 2023 was Citadel Advisors, an estimated $12.7M added.
- The largest Direxion Daily Technology Bear 3x ETF seller in Q3 2023 was Ferguson Shapiro, an estimated $1.31M sold.
Based on aggregated 13F filings for Q3 2023.