Direxion Daily Technology Bear 3x ETF
TECS
2 hedge funds and large institutions have $6.51M invested in Direxion Daily Technology Bear 3x ETF in 2014 Q2 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%)
21% less capital invested
Capital invested by funds: $8.2M → $6.51M (-$1.69M)
60% less call options, than puts
Call options by funds: $265K | Put options by funds: $664K
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$551K |
| 2 |
VF
Virtu Financial
New York
|
-$507K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
1
Credit Suisse
Zurich,
Switzerland
| $4.13M | – | – | – |
|
2
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| $1.72M | – | – | – |
|
|
TRCT
3
Tower Research Capital (TRC)
New York
| $319K | – | – | – |
|
4
Citadel Advisors
Miami,
Florida
| $195K | – | – | – |
|
5
Morgan Stanley
New York
| $62K | – | – | – |
|
|
U
6
UBS
Zurich,
Switzerland
| $62K | – | – | – |
|
7
Barclays
London,
United Kingdom
| $14K | – | – | – |
|
8
Bank of America
Charlotte,
North Carolina
| $4K | – | – | – |
|
|
TH
9
Timber Hill
Greenwich,
Connecticut
| – | -$551K | – | – |
|
|
VF
10
Virtu Financial
New York
| – | -$507K | – | – |
|
TECS Hedge Fund Activity: Q2 2014 in Review
2 of the 3,481 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q2 2014, worth a combined $6.51M — down 21% from $8.2M a quarter earlier.
Fund positioning in TECS was balanced in Q2 2014: 0 funds opened new positions, 0 closed out, 0 added to existing stakes and 0 trimmed.
The largest seller was Timber Hill, cutting an estimated $551K.
- 2 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q2 2014, unchanged from Q1 2014.
- Funds reported $6.51M of Direxion Daily Technology Bear 3x ETF stock for Q2 2014, down 21% quarter-over-quarter.
- 0 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q2 2014 and 0 closed out.
- The largest Direxion Daily Technology Bear 3x ETF seller in Q2 2014 was Timber Hill, an estimated $551K sold.
Based on aggregated 13F filings for Q2 2014.