Direxion Daily Technology Bear 3x ETF
TECS
4 hedge funds and large institutions have $2.55M invested in Direxion Daily Technology Bear 3x ETF in 2018 Q1 according to their latest regulatory filings, with 4 funds opening new positions, increasing their positions, reducing their positions, and 2 closing their positions.
170% more call options, than puts
Call options by funds: $2.8M | Put options by funds: $1.03M
100% more funds holding
Funds holding: 2 → 4 (+2)
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
82% more capital invested
Capital invested by funds: $1.4M → $2.55M (+$1.15M)
0% more ownership
Funds ownership: 0% → 0% (+0%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.45M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$579K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$289K |
| 4 |
VF
Virtu Financial
New York
|
+$289K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$579K |
| 2 |
Morgan Stanley
New York
|
-$289K |
| 3 |
TSS
Two Sigma Securities
New York
|
-$119K |
| 4 |
CA
Calton & Associates
Tampa,
Florida
|
-$92K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$16K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $1.61M | +$1.45M | +5 | New |
|
|
TRCT
2
Tower Research Capital (TRC)
New York
| $461K | +$579K | +2 | New |
|
|
VF
3
Virtu Financial
New York
| $232K | +$289K | +1 | New |
|
|
4
Citadel Advisors
Miami,
Florida
| $212K | +$289K | +1 | New |
|
5
Barclays
London,
United Kingdom
| $19K | – | – | – |
|
|
6
Morgan Stanley
New York
| $6K | -$289K | -1 | Closed |
|
|
LTFS
7
Ladenburg Thalmann Financial Services
Miami,
Florida
| $3K | -$579K | -2 | Closed |
|
|
CG
8
Cutler Group
San Francisco,
California
| $3K | – | – | – |
|
|
CA
9
Calton & Associates
Tampa,
Florida
| – | -$92K | – | – |
|
10
Simplex Trading
Chicago,
Illinois
| – | -$11K | – | – |
|
|
TSS
11
Two Sigma Securities
New York
| – | -$119K | – | – |
|
|
12
UBS Group
Zurich,
Switzerland
| – | -$16K | – | – |
|
TECS Hedge Fund Activity: Q1 2018 in Review
4 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q1 2018, worth a combined $2.55M — up 82% from $1.4M a quarter earlier.
Buyers outnumbered sellers: 4 funds opened new TECS positions and 2 closed out — a net gain of 2 holders — while 0 added to existing stakes and 0 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $1.45M. The largest seller was Ladenburg Thalmann Financial Services, exiting entirely with an estimated $579K sold.
- 4 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q1 2018, up from 2 in Q4 2017.
- Funds reported $2.55M of Direxion Daily Technology Bear 3x ETF stock for Q1 2018, up 82% quarter-over-quarter.
- 4 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q1 2018 and 2 closed out, a net change of +2 holders.
- The largest Direxion Daily Technology Bear 3x ETF buyer in Q1 2018 was Susquehanna International Group, an estimated $1.45M added.
- The largest Direxion Daily Technology Bear 3x ETF seller in Q1 2018 was Ladenburg Thalmann Financial Services, an estimated $579K sold.
Based on aggregated 13F filings for Q1 2018.