Direxion Daily Technology Bear 3x ETF
TECS
6 hedge funds and large institutions have $3.98M invested in Direxion Daily Technology Bear 3x ETF in 2019 Q2 according to their latest regulatory filings, with 1 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 3 closing their positions.
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
47% more call options, than puts
Call options by funds: $1.82M | Put options by funds: $1.24M
0% less ownership
Funds ownership: 0% → 0% (-0%)
15% less capital invested
Capital invested by funds: $4.71M → $3.98M (-$723K)
25% less funds holding
Funds holding: 8 → 6 (-2)
67% less first-time investments, than exits
New positions opened: 1 | Existing positions closed: 3
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$559K |
| 2 |
Jane Street
New York
|
+$419K |
| 3 |
VF
Virtu Financial
New York
|
+$419K |
| 4 |
IMC Chicago
Chicago,
Illinois
|
+$279K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
XS
XR Securities
Chicago,
Illinois
|
-$785K |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$300K |
| 3 |
UBS Group
Zurich,
Switzerland
|
-$189K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$140K |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$140K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
1
Citadel Advisors
Miami,
Florida
| $1.37M | +$559K | +4 | +57% |
|
|
2
Jane Street
New York
| $1.18M | +$419K | +3 | +50% |
|
|
VF
3
Virtu Financial
New York
| $747K | +$419K | +3 | +100% |
|
|
4
IMC Chicago
Chicago,
Illinois
| $274K | +$279K | +2 | New |
|
|
5
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| $253K | -$140K | -1 | -33% |
|
|
6
Simplex Trading
Chicago,
Illinois
| $89K | -$140K | -1 | -50% |
|
7
Barclays
London,
United Kingdom
| $37K | – | – | – |
|
8
Morgan Stanley
New York
| $24K | – | – | – |
|
|
CG
9
Cutler Group
San Francisco,
California
| $2K | – | – | – |
|
|
LTFS
10
Ladenburg Thalmann Financial Services
Miami,
Florida
| $1K | – | – | – |
|
|
KFS
11
Kelly Financial Services
Braintree,
Massachusetts
| $150 | – | – | – |
|
|
XS
12
XR Securities
Chicago,
Illinois
| – | -$785K | -5 | Closed |
|
|
TRCT
13
Tower Research Capital (TRC)
New York
| – | -$300K | -2 | Closed |
|
|
14
UBS Group
Zurich,
Switzerland
| – | -$189K | -1 | Closed |
|
TECS Hedge Fund Activity: Q2 2019 in Review
6 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q2 2019, worth a combined $3.98M — down 15% from $4.71M a quarter earlier.
Sellers outnumbered buyers: 3 funds closed out of TECS and 1 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 3 added.
The largest buyer was Citadel Advisors, adding an estimated $559K. The largest seller was XR Securities, exiting entirely with an estimated $785K sold.
- 6 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q2 2019, down from 8 in Q1 2019.
- Funds reported $3.98M of Direxion Daily Technology Bear 3x ETF stock for Q2 2019, down 15% quarter-over-quarter.
- 1 fund opened new Direxion Daily Technology Bear 3x ETF positions in Q2 2019 and 3 closed out, a net change of -2 holders.
- The largest Direxion Daily Technology Bear 3x ETF buyer in Q2 2019 was Citadel Advisors, an estimated $559K added.
- The largest Direxion Daily Technology Bear 3x ETF seller in Q2 2019 was XR Securities, an estimated $785K sold.
Based on aggregated 13F filings for Q2 2019.