Direxion Daily Technology Bear 3x ETF
TECS
0 hedge funds and large institutions have $540K invested in Direxion Daily Technology Bear 3x ETF in 2017 Q2 according to their latest regulatory filings, with 0 funds opening new positions, increasing their positions, reducing their positions, and 3 closing their positions.
0% less ownership
Funds ownership: 0% → 0% (-0%)
73% less capital invested
Capital invested by funds: $2M → $540K (-$1.46M)
100% less funds holding
Funds holding: 3 → 0 (-3)
100% less first-time investments, than exits
New positions opened: 0 | Existing positions closed: 3
Top Buyers
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$972K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$582K |
| 3 |
SG Americas Securities
New York
|
-$385K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$154K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
1
Jane Street
New York
| $239K | – | – | – |
|
2
Barclays
London,
United Kingdom
| $147K | – | – | – |
|
|
PA
3
Parallel Advisors
San Francisco,
California
| $67K | – | – | – |
|
4
Simplex Trading
Chicago,
Illinois
| $67K | – | – | – |
|
5
Morgan Stanley
New York
| $11K | – | – | – |
|
|
LTFS
6
Ladenburg Thalmann Financial Services
Miami,
Florida
| $7K | – | – | – |
|
|
CG
7
Cutler Group
San Francisco,
California
| $2K | – | – | – |
|
|
VF
8
Virtu Financial
New York
| – | -$972K | -2 | Closed |
|
|
9
SG Americas Securities
New York
| – | -$385K | -1 | Closed |
|
|
10
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$582K | -1 | Closed |
|
|
11
Citadel Advisors
Miami,
Florida
| – | -$154K | – | – |
|
TECS Hedge Fund Activity: Q2 2017 in Review
0 of the 4,012 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q2 2017, worth a combined $540K — down 73% from $2M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of TECS and 0 opened new positions — a net loss of 3 holders — while 0 trimmed existing stakes and 0 added.
The largest seller was Virtu Financial, exiting entirely with an estimated $972K sold.
- 0 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q2 2017, down from 3 in Q1 2017.
- Funds reported $540K of Direxion Daily Technology Bear 3x ETF stock for Q2 2017, down 73% quarter-over-quarter.
- 0 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q2 2017 and 3 closed out, a net change of -3 holders.
- The largest Direxion Daily Technology Bear 3x ETF seller in Q2 2017 was Virtu Financial, an estimated $972K sold.
Based on aggregated 13F filings for Q2 2017.