Direxion Daily Technology Bear 3x ETF
TECS
1 hedge funds and large institutions have $4.04M invested in Direxion Daily Technology Bear 3x ETF in 2015 Q1 according to their latest regulatory filings, with funds opening new positions, increasing their positions, reducing their positions, and 1 closing their positions.
0% less ownership
Funds ownership: 0% → 0% (-0%)
22% less capital invested
Capital invested by funds: $5.15M → $4.04M (-$1.11M)
50% less funds holding
Funds holding: 2 → 1 (-1)
100% less call options, than puts
Call options by funds: $24K | Put options by funds: $6.34M
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$1.24M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$197K |
| 3 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$135K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CS
1
Credit Suisse
Zurich,
Switzerland
| $2.27M | – | – | – |
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $590K | – | – | – |
|
3
BNP Paribas Financial Markets
Paris,
France
| $528K | – | – | – |
|
4
Goldman Sachs
New York
| $485K | – | – | – |
|
5
Citadel Advisors
Miami,
Florida
| $120K | – | – | – |
|
6
UBS Group
Zurich,
Switzerland
| $34K | – | – | – |
|
7
Morgan Stanley
New York
| $12K | – | – | – |
|
|
8
Deutsche Bank
Frankfurt Am Main Ge,
Germany
| – | -$1.24M | -1 | Closed |
|
|
TH
9
Timber Hill
Greenwich,
Connecticut
| – | -$135K | – | – |
|
|
TRCT
10
Tower Research Capital (TRC)
New York
| – | -$197K | – | – |
|
TECS Hedge Fund Activity: Q1 2015 in Review
1 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q1 2015, worth a combined $4.04M — down 22% from $5.15M a quarter earlier.
Sellers outnumbered buyers: 1 fund closed out of TECS and 0 opened new positions — a net loss of 1 holder — while 0 trimmed existing stakes and 0 added.
The largest seller was Deutsche Bank, exiting entirely with an estimated $1.24M sold.
- 1 institutional investor held Direxion Daily Technology Bear 3x ETF (TECS) as of Q1 2015, down from 2 in Q4 2014.
- Funds reported $4.04M of Direxion Daily Technology Bear 3x ETF stock for Q1 2015, down 22% quarter-over-quarter.
- 0 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q1 2015 and 1 closed out, a net change of -1 holder.
- The largest Direxion Daily Technology Bear 3x ETF seller in Q1 2015 was Deutsche Bank, an estimated $1.24M sold.
Based on aggregated 13F filings for Q1 2015.