Direxion Daily Technology Bear 3x ETF
TECS
12 hedge funds and large institutions have $4.63M invested in Direxion Daily Technology Bear 3x ETF in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 4 closing their positions.
392% more call options, than puts
Call options by funds: $17.4M | Put options by funds: $3.54M
25% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 4
9% more funds holding
Funds holding: 11 → 12 (+1)
10.18% less ownership
Funds ownership: 17.46% → 7.27% (-10%)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
58% less capital invested
Capital invested by funds: $11.1M → $4.63M (-$6.43M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.32M |
| 2 |
CG
Cutler Group
San Francisco,
California
|
+$529K |
| 3 |
GA
Gateway Advisory
Westfield,
New Jersey
|
+$401K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$305K |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$128K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ST
Smithfield Trust
Pittsburgh,
Pennsylvania
|
-$4.87M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.84M |
| 3 |
VF
Virtu Financial
New York
|
-$962K |
| 4 |
HF
HRT Financial
New York
|
-$491K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
-$208K |
TECS Hedge Fund Activity: Q1 2021 in Review
12 of the 5,711 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q1 2021, worth a combined $4.63M — down 58% from $11.1M a quarter earlier.
Buyers outnumbered sellers: 5 funds opened new TECS positions and 4 closed out — a net gain of 1 holder — while 3 added to existing stakes and 4 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $1.32M. The largest seller was Smithfield Trust, exiting entirely with an estimated $4.87M sold.
- 12 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q1 2021, up from 11 in Q4 2020.
- Funds reported $4.63M of Direxion Daily Technology Bear 3x ETF stock for Q1 2021, down 58% quarter-over-quarter.
- 5 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q1 2021 and 4 closed out, a net change of +1 holder.
- The largest Direxion Daily Technology Bear 3x ETF buyer in Q1 2021 was Susquehanna International Group, an estimated $1.32M added.
- The largest Direxion Daily Technology Bear 3x ETF seller in Q1 2021 was Smithfield Trust, an estimated $4.87M sold.
Based on aggregated 13F filings for Q1 2021.