Direxion Daily Technology Bear 3x ETF
TECS
3 hedge funds and large institutions have $2M invested in Direxion Daily Technology Bear 3x ETF in 2017 Q1 according to their latest regulatory filings, with 3 funds opening new positions, increasing their positions, reducing their positions, and 0 closing their positions.
296% more capital invested
Capital invested by funds: $505K → $2M (+$1.5M)
0% more ownership
Funds ownership: 0% → 0% (+0%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$1.45M |
| 2 |
SG Americas Securities
New York
|
+$725K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$725K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Goldman Sachs
New York
|
-$209K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
VF
1
Virtu Financial
New York
| $972K | +$1.45M | +2 | New |
|
|
2
SG Americas Securities
New York
| $385K | +$725K | +1 | New |
|
|
3
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $331K | +$725K | +1 | New |
|
4
Citadel Advisors
Miami,
Florida
| $154K | – | – | – |
|
|
PA
5
Parallel Advisors
San Francisco,
California
| $79K | – | – | – |
|
|
CG
6
Cutler Group
San Francisco,
California
| $37K | – | – | – |
|
7
Barclays
London,
United Kingdom
| $34K | – | – | – |
|
|
LTFS
8
Ladenburg Thalmann Financial Services
Miami,
Florida
| $7K | – | – | – |
|
9
Simplex Trading
Chicago,
Illinois
| $3K | – | – | – |
|
|
10
Goldman Sachs
New York
| – | -$209K | – | – |
|
TECS Hedge Fund Activity: Q1 2017 in Review
3 of the 4,018 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q1 2017, worth a combined $2M — up 296% from $505K 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 Virtu Financial, opening a new position worth an estimated $1.45M. The largest seller was Goldman Sachs, cutting an estimated $209K.
- 3 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q1 2017, up from 0 in Q4 2016.
- Funds reported $2M of Direxion Daily Technology Bear 3x ETF stock for Q1 2017, up 296% quarter-over-quarter.
- 3 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q1 2017 and 0 closed out, a net change of +3 holders.
- The largest Direxion Daily Technology Bear 3x ETF buyer in Q1 2017 was Virtu Financial, an estimated $1.45M added.
- The largest Direxion Daily Technology Bear 3x ETF seller in Q1 2017 was Goldman Sachs, an estimated $209K sold.
Based on aggregated 13F filings for Q1 2017.