Direxion Daily Technology Bear 3x ETF
TECS
8 hedge funds and large institutions have $4.71M invested in Direxion Daily Technology Bear 3x ETF in 2019 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 2 increasing their positions, 1 reducing their positions, and 1 closing their positions.
400% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 1
100% more funds holding
Funds holding: 4 → 8 (+4)
100% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 1
95% more call options, than puts
Call options by funds: $4.33M | Put options by funds: $2.22M
0% less ownership
Funds ownership: 0% → 0% (-0%)
28% less capital invested
Capital invested by funds: $6.51M → $4.71M (-$1.8M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
XS
XR Securities
Chicago,
Illinois
|
+$1.01M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$608K |
| 3 |
VF
Virtu Financial
New York
|
+$608K |
| 4 |
Jane Street
New York
|
+$405K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$405K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.82M |
| 2 |
SG Americas Securities
New York
|
-$1.05M |
| 3 |
LYV
Live Your Vision
West Conshohocken,
Pennsylvania
|
-$4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Citadel Advisors
Miami,
Florida
| $1.15M | +$608K | +3 | +75% |
|
|
2
Jane Street
New York
| $856K | +$405K | +2 | +50% |
|
|
XS
3
XR Securities
Chicago,
Illinois
| $785K | +$1.01M | +5 | New |
|
|
4
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $508K | -$1.82M | -9 | -75% |
|
|
VF
5
Virtu Financial
New York
| $488K | +$608K | +3 | New |
|
|
6
Simplex Trading
Chicago,
Illinois
| $379K | +$405K | +2 | New |
|
|
TRCT
7
Tower Research Capital (TRC)
New York
| $300K | +$405K | +2 | New |
|
8
UBS Group
Zurich,
Switzerland
| $189K | +$203K | +1 | New |
|
|
CG
9
Cutler Group
San Francisco,
California
| $18K | – | – | – |
|
10
Barclays
London,
United Kingdom
| $15K | – | – | – |
|
11
Morgan Stanley
New York
| $14K | – | – | – |
|
|
LTFS
12
Ladenburg Thalmann Financial Services
Miami,
Florida
| $2K | – | – | – |
|
|
KFS
13
Kelly Financial Services
Braintree,
Massachusetts
| $185 | – | – | – |
|
|
14
SG Americas Securities
New York
| – | -$1.05M | -4 | Closed |
|
|
LYV
15
Live Your Vision
West Conshohocken,
Pennsylvania
| – | -$4K | – | – |
|
TECS Hedge Fund Activity: Q1 2019 in Review
8 of the 4,621 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q1 2019, worth a combined $4.71M — down 28% from $6.51M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new TECS positions and 1 closed out — a net gain of 4 holders — while 2 added to existing stakes and 1 trimmed.
The largest buyer was XR Securities, opening a new position worth an estimated $1.01M. The largest seller was Susquehanna International Group, cutting an estimated $1.82M.
- 8 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q1 2019, up from 4 in Q4 2018.
- Funds reported $4.71M of Direxion Daily Technology Bear 3x ETF stock for Q1 2019, down 28% quarter-over-quarter.
- 5 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q1 2019 and 1 closed out, a net change of +4 holders.
- The largest Direxion Daily Technology Bear 3x ETF buyer in Q1 2019 was XR Securities, an estimated $1.01M added.
- The largest Direxion Daily Technology Bear 3x ETF seller in Q1 2019 was Susquehanna International Group, an estimated $1.82M sold.
Based on aggregated 13F filings for Q1 2019.