Direxion Daily Technology Bear 3x ETF
TECS
2 hedge funds and large institutions have $8.2M invested in Direxion Daily Technology Bear 3x ETF in 2014 Q1 according to their latest regulatory filings, with funds opening new positions, increasing their positions, reducing their positions, and closing their positions.
0% more funds holding
Funds holding: 2 → 2 (0)
0% less ownership
Funds ownership: 0% → 0% (-0%)
18% less call options, than puts
Call options by funds: $829K | Put options by funds: $1.01M
28% less capital invested
Capital invested by funds: $11.4M → $8.2M (-$3.18M)
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BCM
Blume Capital Management
Berkeley,
California
|
-$16K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
1
Credit Suisse
Zurich,
Switzerland
| $4.2M | – | – | – |
|
2
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $2.1M | – | – | – |
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $564K | – | – | – |
|
|
TH
4
Timber Hill
Greenwich,
Connecticut
| $551K | – | – | – |
|
|
VF
5
Virtu Financial
New York
| $507K | – | – | – |
|
6
Citadel Advisors
Miami,
Florida
| $125K | – | – | – |
|
|
TRCT
7
Tower Research Capital (TRC)
New York
| $74K | – | – | – |
|
8
Morgan Stanley
New York
| $61K | – | – | – |
|
|
U
9
UBS
Zurich,
Switzerland
| $26K | – | – | – |
|
|
BCM
10
Blume Capital Management
Berkeley,
California
| – | -$16K | – | – |
|
TECS Hedge Fund Activity: Q1 2014 in Review
2 of the 3,464 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q1 2014, worth a combined $8.2M — down 28% from $11.4M a quarter earlier.
Fund positioning in TECS was balanced in Q1 2014: 0 funds opened new positions, 0 closed out, 0 added to existing stakes and 0 trimmed.
The largest seller was Blume Capital Management, cutting an estimated $16K.
- 2 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q1 2014, unchanged from Q4 2013.
- Funds reported $8.2M of Direxion Daily Technology Bear 3x ETF stock for Q1 2014, down 28% quarter-over-quarter.
- 0 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q1 2014 and 0 closed out.
- The largest Direxion Daily Technology Bear 3x ETF seller in Q1 2014 was Blume Capital Management, an estimated $16K sold.
Based on aggregated 13F filings for Q1 2014.