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Direxion Daily Technology Bear 3x ETF
TECS

7 hedge funds and large institutions have $3.07M invested in Direxion Daily Technology Bear 3x ETF in 2020 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 1 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 1

49% more capital invested

Capital invested by funds: $2.06M → $3.07M (+$1.01M)

43% more call options, than puts

Call options by funds: $6.2M | Put options by funds: $4.33M

0.01% more ownership

Funds ownership: 0% → 0.01% (+0.01%)

22% less funds holding

Funds holding: 9 → 7 (-2)

40% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 5

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
3
Increased
3
Reduced
1
Closed
5
Calls
$6.2M
Puts
$4.33M
Net Calls
+$1.87M
Net Calls Change
-$711K

Top Buyers

Rank Fund Capital Flow
1
Renaissance Technologies
Renaissance Technologies
New York
+$1.51M
2
Citadel Advisors
Citadel Advisors
Florida
+$1.32M
3
CG
Cutler Group
California
+$128K
4
UBS Group
UBS Group
Switzerland
+$64.2K
5
Morgan Stanley
Morgan Stanley
New York
+$32.1K

Top Sellers

Rank Fund Capital Flow
1
TI
Trexquant Investment
Connecticut
-$301K
2
FTUS
Flow Traders U.S.
New York
-$287K
3
Jane Street
Jane Street
New York
-$233K
4
Barclays
Barclays
United Kingdom
-$223K
5
COF
Capital One Financial
Virginia
-$130K
Name Holding Trade Value Shares
Change 		Change in
Stake
Renaissance Technologies
1
Renaissance Technologies
New York
$1.07M +$1.51M +47 +940%
Citadel Advisors
2
Citadel Advisors
Florida
$905K +$1.32M +41 +1,367%
VF
3
Virtu Financial
New York
$809K +$1.25M +39 New
CG
4
Cutler Group
California
$137K +$128K +4 +133%
Simplex Trading
5
Simplex Trading
Illinois
$70K -$32.1K -1 -25%
UBS Group
6
UBS Group
Switzerland
$52K +$64.2K +2 New
Morgan Stanley
7
Morgan Stanley
New York
$19K +$32.1K +1 New
TRCT
8
Tower Research Capital (TRC)
New York
$9K – – –
TCM
9
Tradewinds Capital Management
Washington
$1K – – –
KFS
10
Kelly Financial Services
Massachusetts
$21 – – –
FTUS
11
Flow Traders U.S.
New York
– -$287K -5 Closed
TI
12
Trexquant Investment
Connecticut
– -$301K -5 Closed
Barclays
13
Barclays
United Kingdom
– -$223K -4 Closed
Jane Street
14
Jane Street
New York
– -$233K -4 Closed
COF
15
Capital One Financial
Virginia
– -$130K -2 Closed
CIAS
16
Capital Investment Advisory Services
North Carolina
– -$17K – –
TPWA
17
TRUE Private Wealth Advisors
Oregon
– -$5K – –

TECS Hedge Fund Activity: Q2 2020 in Review

7 of the 4,878 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q2 2020, worth a combined $3.07M — up 49% from $2.06M a quarter earlier.

Sellers outnumbered buyers: 5 funds closed out of TECS and 3 opened new positions — a net loss of 2 holders — while 1 trimmed existing stakes and 3 added.

The largest buyer was Renaissance Technologies, adding an estimated $1.51M. The largest seller was Trexquant Investment, exiting entirely with an estimated $301K sold.

  • 7 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q2 2020, down from 9 in Q1 2020.
  • Funds reported $3.07M of Direxion Daily Technology Bear 3x ETF stock for Q2 2020, up 49% quarter-over-quarter.
  • 3 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q2 2020 and 5 closed out, a net change of -2 holders.
  • The largest Direxion Daily Technology Bear 3x ETF buyer in Q2 2020 was Renaissance Technologies, an estimated $1.51M added.
  • The largest Direxion Daily Technology Bear 3x ETF seller in Q2 2020 was Trexquant Investment, an estimated $301K sold.

Based on aggregated 13F filings for Q2 2020.