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Direxion Daily Technology Bear 3x ETF
TECS

7 hedge funds and large institutions have $1.53M invested in Direxion Daily Technology Bear 3x ETF in 2019 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 0 increasing their positions, 2 reducing their positions, and 6 closing their positions.

New
Increased
Maintained
Reduced
Closed

235% more call options, than puts

Call options by funds: $1.28M | Put options by funds: $384K

0% less ownership

Funds ownership: 0% → 0% (-0%)

22% less funds holding

Funds holding: 9 → 7 (-2)

33% less first-time investments, than exits

New positions opened: 4 | Existing positions closed: 6

61% less capital invested

Capital invested by funds: $3.95M → $1.53M (-$2.43M)

100% less repeat investments, than reductions

Existing positions increased: 0 | Existing positions reduced: 2

Holders
7
Holders Change
-2
Holders Change %
-22.22%
% of All Funds
0.14%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
4
Increased
–
Reduced
2
Closed
6
Calls
$1.28M
Puts
$384K
Net Calls
+$901K
Net Calls Change
-$1.82M

Top Buyers

Rank Fund Capital Flow
1
VF
Virtu Financial
New York
+$451K
2
SDJVC
St. Denis J. Villere & Co
Louisiana
+$90.3K
3
UBS Group
UBS Group
Switzerland
+$90.3K

Top Sellers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
-$950K
2
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$451K
3
IMC Chicago
IMC Chicago
Illinois
-$286K
4
TSS
Two Sigma Securities
New York
-$256K
5
FTUS
Flow Traders U.S.
New York
-$131K
Name Holding Trade Value Shares
Change 		Change in
Stake
Citadel Advisors
1
Citadel Advisors
Florida
$757K -$90.3K -1 -8%
VF
2
Virtu Financial
New York
$323K +$451K +5 New
Susquehanna International Group
3
Susquehanna International Group
Pennsylvania
$146K -$451K -5 -71%
CONA
4
Capital One National Association
New York
$114K +$181K +2 New
SDJVC
5
St. Denis J. Villere & Co
Louisiana
$80K +$90.3K +1 New
UBS Group
6
UBS Group
Switzerland
$44K +$90.3K +1 New
Simplex Trading
7
Simplex Trading
Illinois
$41K – – –
Morgan Stanley
8
Morgan Stanley
New York
$16K – – –
TRCT
9
Tower Research Capital (TRC)
New York
$6K – – –
LTFS
10
Ladenburg Thalmann Financial Services
Florida
$1K – – –
KFS
11
Kelly Financial Services
Massachusetts
$86 – – –
Jane Street
12
Jane Street
New York
– -$950K -9 Closed
IMC Chicago
13
IMC Chicago
Illinois
– -$286K -3 Closed
TSS
14
Two Sigma Securities
New York
– -$256K -2 Closed
AG
15
Advisor Group
Arizona
– -$54K -1 Closed
Barclays
16
Barclays
United Kingdom
– -$90.3K -1 Closed
FTUS
17
Flow Traders U.S.
New York
– -$131K -1 Closed

TECS Hedge Fund Activity: Q4 2019 in Review

7 of the 5,076 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q4 2019, worth a combined $1.53M — down 61% from $3.95M a quarter earlier.

Sellers outnumbered buyers: 6 funds closed out of TECS and 4 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 0 added.

The largest buyer was Virtu Financial, opening a new position worth an estimated $451K. The largest seller was Jane Street, exiting entirely with an estimated $950K sold.

  • 7 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q4 2019, down from 9 in Q3 2019.
  • Funds reported $1.53M of Direxion Daily Technology Bear 3x ETF stock for Q4 2019, down 61% quarter-over-quarter.
  • 4 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q4 2019 and 6 closed out, a net change of -2 holders.
  • The largest Direxion Daily Technology Bear 3x ETF buyer in Q4 2019 was Virtu Financial, an estimated $451K added.
  • The largest Direxion Daily Technology Bear 3x ETF seller in Q4 2019 was Jane Street, an estimated $950K sold.

Based on aggregated 13F filings for Q4 2019.