Direxion Daily Technology Bear 3x ETF
TECS
0 hedge funds and large institutions have $505K invested in Direxion Daily Technology Bear 3x ETF in 2016 Q4 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%)
53% less call options, than puts
Call options by funds: $2.91M | Put options by funds: $6.23M
63% less capital invested
Capital invested by funds: $1.38M → $505K (-$877K)
100% less funds holding
Funds holding: 1 → 0 (-1)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 1
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$1.13M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Barclays
London,
United Kingdom
| $219K | – | – | – |
|
2
Goldman Sachs
New York
| $209K | – | – | – |
|
|
PA
3
Parallel Advisors
San Francisco,
California
| $47K | – | – | – |
|
4
Simplex Trading
Chicago,
Illinois
| $30K | – | – | – |
|
|
VF
5
Virtu Financial
New York
| – | -$1.13M | -1 | Closed |
|
TECS Hedge Fund Activity: Q4 2016 in Review
0 of the 4,001 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q4 2016, worth a combined $505K — down 63% from $1.38M 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 Virtu Financial, exiting entirely with an estimated $1.13M sold.
- 0 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q4 2016, down from 1 in Q3 2016.
- Funds reported $505K of Direxion Daily Technology Bear 3x ETF stock for Q4 2016, down 63% quarter-over-quarter.
- 0 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q4 2016 and 1 closed out, a net change of -1 holder.
- The largest Direxion Daily Technology Bear 3x ETF seller in Q4 2016 was Virtu Financial, an estimated $1.13M sold.
Based on aggregated 13F filings for Q4 2016.