Direxion Daily Technology Bear 3x ETF
TECS
9 hedge funds and large institutions have $2.06M invested in Direxion Daily Technology Bear 3x ETF in 2020 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 1 increasing their positions, 1 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
132% more call options, than puts
Call options by funds: $4.53M | Put options by funds: $1.96M
35% more capital invested
Capital invested by funds: $1.53M → $2.06M (+$534K)
29% more funds holding
Funds holding: 7 → 9 (+2)
0% more ownership
Funds ownership: 0% → 0% (+0%)
0% more repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 1
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$326K |
| 2 |
Renaissance Technologies
New York
|
+$326K |
| 3 |
TI
Trexquant Investment
Stamford,
Connecticut
|
+$326K |
| 4 |
Barclays
London,
United Kingdom
|
+$261K |
| 5 |
Jane Street
New York
|
+$261K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$522K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$130K |
| 3 |
SDJVC
St. Denis J. Villere & Co
New Orleans,
Louisiana
|
-$80K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$44K |
TECS Hedge Fund Activity: Q1 2020 in Review
9 of the 4,539 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q1 2020, worth a combined $2.06M — up 35% from $1.53M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new TECS positions and 3 closed out — a net gain of 4 holders — while 1 added to existing stakes and 1 trimmed.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $326K. The largest seller was Citadel Advisors, cutting an estimated $522K.
- 9 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q1 2020, up from 7 in Q4 2019.
- Funds reported $2.06M of Direxion Daily Technology Bear 3x ETF stock for Q1 2020, up 35% quarter-over-quarter.
- 7 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q1 2020 and 3 closed out, a net change of +4 holders.
- The largest Direxion Daily Technology Bear 3x ETF buyer in Q1 2020 was Flow Traders U.S., an estimated $326K added.
- The largest Direxion Daily Technology Bear 3x ETF seller in Q1 2020 was Citadel Advisors, an estimated $522K sold.
Based on aggregated 13F filings for Q1 2020.