Direxion Daily Technology Bear 3x ETF
TECS
3 hedge funds and large institutions have $4.06M invested in Direxion Daily Technology Bear 3x ETF in 2015 Q4 according to their latest regulatory filings, with 3 funds opening new positions, increasing their positions, reducing their positions, and 0 closing their positions.
80% more capital invested
Capital invested by funds: $2.26M → $4.06M (+$1.8M)
0% more ownership
Funds ownership: 0% → 0% (+0%)
85% less call options, than puts
Call options by funds: $3.18M | Put options by funds: $21.1M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$1.6M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.6M |
| 3 |
VF
Virtu Financial
New York
|
+$1.6M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$450K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$292K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$179K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.38M | +$1.6M | +1 | New |
|
|
VF
2
Virtu Financial
New York
| $1.18M | +$1.6M | +1 | New |
|
|
3
BNP Paribas Financial Markets
Paris,
France
| $840K | +$1.6M | +1 | New |
|
4
Goldman Sachs
New York
| $384K | – | – | – |
|
5
Citadel Advisors
Miami,
Florida
| $149K | – | – | – |
|
6
Barclays
London,
United Kingdom
| $57K | – | – | – |
|
7
Simplex Trading
Chicago,
Illinois
| $49K | – | – | – |
|
|
CG
8
Cutler Group
San Francisco,
California
| $17K | – | – | – |
|
|
TH
9
Timber Hill
Greenwich,
Connecticut
| – | -$450K | – | – |
|
|
TRCT
10
Tower Research Capital (TRC)
New York
| – | -$292K | – | – |
|
|
11
UBS Group
Zurich,
Switzerland
| – | -$179K | – | – |
|
TECS Hedge Fund Activity: Q4 2015 in Review
3 of the 3,813 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q4 2015, worth a combined $4.06M — up 80% from $2.26M a quarter earlier.
Buyers outnumbered sellers: 3 funds opened new TECS positions and 0 closed out — a net gain of 3 holders — while 0 added to existing stakes and 0 trimmed.
The largest buyer was BNP Paribas Financial Markets, opening a new position worth an estimated $1.6M. The largest seller was Timber Hill, cutting an estimated $450K.
- 3 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q4 2015, up from 0 in Q3 2015.
- Funds reported $4.06M of Direxion Daily Technology Bear 3x ETF stock for Q4 2015, up 80% quarter-over-quarter.
- 3 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q4 2015 and 0 closed out, a net change of +3 holders.
- The largest Direxion Daily Technology Bear 3x ETF buyer in Q4 2015 was BNP Paribas Financial Markets, an estimated $1.6M added.
- The largest Direxion Daily Technology Bear 3x ETF seller in Q4 2015 was Timber Hill, an estimated $450K sold.
Based on aggregated 13F filings for Q4 2015.