Direxion Daily Technology Bear 3x ETF
TECS
2 hedge funds and large institutions have $11M invested in Direxion Daily Technology Bear 3x ETF in 2013 Q3 according to their latest regulatory filings, with 0 funds opening new positions, increasing their positions, 1 reducing their positions, and closing their positions.
1,956% more call options, than puts
Call options by funds: $802K | Put options by funds: $39K
0% more funds holding
Funds holding: 2 → 2 (0)
0% less ownership
Funds ownership: 0% → 0% (-0%)
72% less capital invested
Capital invested by funds: $40M → $11M (-$29M)
100% less repeat investments, than reductions
Existing positions increased: 0 | Existing positions reduced: 1
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$25.2M |
| 2 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$261K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $4.83M | -$25.2M | -4 | -80% |
|
|
CS
2
Credit Suisse
Zurich,
Switzerland
| $3.65M | – | – | – |
|
|
VF
3
Virtu Financial
New York
| $1.44M | – | – | – |
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $994K | – | – | – |
|
|
U
5
UBS
Zurich,
Switzerland
| $86K | – | – | – |
|
|
TRCT
6
Tower Research Capital (TRC)
New York
| $41K | – | – | – |
|
|
TH
7
Timber Hill
Greenwich,
Connecticut
| – | -$261K | – | – |
|
TECS Hedge Fund Activity: Q3 2013 in Review
2 of the 3,085 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q3 2013, worth a combined $11M — down 72% from $40M a quarter earlier.
Fund positioning in TECS was balanced in Q3 2013: 0 funds opened new positions, 0 closed out, 0 added to existing stakes and 1 trimmed.
The largest seller was Deutsche Bank, cutting an estimated $25.2M.
- 2 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q3 2013, unchanged from Q2 2013.
- Funds reported $11M of Direxion Daily Technology Bear 3x ETF stock for Q3 2013, down 72% quarter-over-quarter.
- 0 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q3 2013 and 0 closed out.
- The largest Direxion Daily Technology Bear 3x ETF seller in Q3 2013 was Deutsche Bank, an estimated $25.2M sold.
Based on aggregated 13F filings for Q3 2013.