Direxion Daily Technology Bear 3x ETF
TECS
12 hedge funds and large institutions have $7.94M invested in Direxion Daily Technology Bear 3x ETF in 2020 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 2 increasing their positions, 2 reducing their positions, and 3 closing their positions.
167% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 3
158% more capital invested
Capital invested by funds: $3.07M → $7.94M (+$4.86M)
71% more funds holding
Funds holding: 7 → 12 (+5)
0% more ownership
Funds ownership: 0.01% → 0.01% (+0%)
0% more repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 2
16% less call options, than puts
Call options by funds: $6.77M | Put options by funds: $8.03M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIC
Hartline Investment Corp
Winnetka,
Illinois
|
+$3.51M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.89M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$936K |
| 4 |
HF
HRT Financial
New York
|
+$698K |
| 5 |
Jane Street
New York
|
+$555K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Renaissance Technologies
New York
|
-$1.07M |
| 2 |
VF
Virtu Financial
New York
|
-$412K |
| 3 |
CG
Cutler Group
San Francisco,
California
|
-$79.3K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$70K |
| 5 |
Morgan Stanley
New York
|
-$19K |
TECS Hedge Fund Activity: Q3 2020 in Review
12 of the 4,957 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q3 2020, worth a combined $7.94M — up 158% from $3.07M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new TECS positions and 3 closed out — a net gain of 5 holders — while 2 added to existing stakes and 2 trimmed.
The largest buyer was Hartline Investment Corp, opening a new position worth an estimated $3.51M. The largest seller was Renaissance Technologies, exiting entirely with an estimated $1.07M sold.
- 12 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q3 2020, up from 7 in Q2 2020.
- Funds reported $7.94M of Direxion Daily Technology Bear 3x ETF stock for Q3 2020, up 158% quarter-over-quarter.
- 8 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q3 2020 and 3 closed out, a net change of +5 holders.
- The largest Direxion Daily Technology Bear 3x ETF buyer in Q3 2020 was Hartline Investment Corp, an estimated $3.51M added.
- The largest Direxion Daily Technology Bear 3x ETF seller in Q3 2020 was Renaissance Technologies, an estimated $1.07M sold.
Based on aggregated 13F filings for Q3 2020.