Direxion Daily Technology Bear 3x ETF
TECS
2 hedge funds and large institutions have $2.89M invested in Direxion Daily Technology Bear 3x ETF in 2016 Q1 according to their latest regulatory filings, with 0 funds opening new positions, increasing their positions, reducing their positions, and 1 closing their positions.
0% less ownership
Funds ownership: 0% → 0% (-0%)
29% less capital invested
Capital invested by funds: $4.06M → $2.89M (-$1.16M)
33% less funds holding
Funds holding: 3 → 2 (-1)
85% less call options, than puts
Call options by funds: $2.44M | Put options by funds: $16.8M
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$1.67M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$149K |
| 3 |
Simplex Trading
Chicago,
Illinois
|
-$49K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
1
Virtu Financial
New York
| $1.47M | – | – | – |
|
2
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $953K | – | – | – |
|
3
Goldman Sachs
New York
| $317K | – | – | – |
|
|
TRCT
4
Tower Research Capital (TRC)
New York
| $84K | – | – | – |
|
5
Barclays
London,
United Kingdom
| $29K | – | – | – |
|
|
6
BNP Paribas Financial Markets
Paris,
France
| $23.2K | -$1.67M | -1 | Closed |
|
7
UBS Group
Zurich,
Switzerland
| $14K | – | – | – |
|
|
CG
8
Cutler Group
San Francisco,
California
| $8K | – | – | – |
|
|
9
Citadel Advisors
Miami,
Florida
| – | -$149K | – | – |
|
|
10
Simplex Trading
Chicago,
Illinois
| – | -$49K | – | – |
|
TECS Hedge Fund Activity: Q1 2016 in Review
2 of the 3,754 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q1 2016, worth a combined $2.89M — down 29% from $4.06M 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 BNP Paribas Financial Markets, exiting entirely with an estimated $1.67M sold.
- 2 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q1 2016, down from 3 in Q4 2015.
- Funds reported $2.89M of Direxion Daily Technology Bear 3x ETF stock for Q1 2016, down 29% quarter-over-quarter.
- 0 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q1 2016 and 1 closed out, a net change of -1 holder.
- The largest Direxion Daily Technology Bear 3x ETF seller in Q1 2016 was BNP Paribas Financial Markets, an estimated $1.67M sold.
Based on aggregated 13F filings for Q1 2016.