Direxion Daily Technology Bear 3x ETF
TECS
11 hedge funds and large institutions have $11.1M invested in Direxion Daily Technology Bear 3x ETF in 2020 Q4 according to their latest regulatory filings, with 5 funds opening new positions, 4 increasing their positions, 1 reducing their positions, and 6 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 1
136% more call options, than puts
Call options by funds: $15.6M | Put options by funds: $6.6M
39% more capital invested
Capital invested by funds: $7.94M → $11.1M (+$3.12M)
0.01% more ownership
Funds ownership: 0.01% → 0.02% (+0.01%)
8% less funds holding
Funds holding: 12 → 11 (-1)
17% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ST
Smithfield Trust
Pittsburgh,
Pennsylvania
|
+$6.22M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$3.32M |
| 3 |
VF
Virtu Financial
New York
|
+$1.46M |
| 4 |
Jane Street
New York
|
+$523K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$500K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HIC
Hartline Investment Corp
Winnetka,
Illinois
|
-$2.91M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$901K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$778K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$190K |
| 5 |
FTUS
Flow Traders U.S.
New York
|
-$177K |
TECS Hedge Fund Activity: Q4 2020 in Review
11 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q4 2020, worth a combined $11.1M — up 39% from $7.94M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of TECS and 5 opened new positions — a net loss of 1 holder — while 1 trimmed existing stakes and 4 added.
The largest buyer was Smithfield Trust, opening a new position worth an estimated $6.22M. The largest seller was Hartline Investment Corp, exiting entirely with an estimated $2.91M sold.
- 11 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q4 2020, down from 12 in Q3 2020.
- Funds reported $11.1M of Direxion Daily Technology Bear 3x ETF stock for Q4 2020, up 39% quarter-over-quarter.
- 5 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q4 2020 and 6 closed out, a net change of -1 holder.
- The largest Direxion Daily Technology Bear 3x ETF buyer in Q4 2020 was Smithfield Trust, an estimated $6.22M added.
- The largest Direxion Daily Technology Bear 3x ETF seller in Q4 2020 was Hartline Investment Corp, an estimated $2.91M sold.
Based on aggregated 13F filings for Q4 2020.