Direxion Daily Technology Bear 3x ETF
TECS
10 hedge funds and large institutions have $2.92M invested in Direxion Daily Technology Bear 3x ETF in 2021 Q2 according to their latest regulatory filings, with 3 funds opening new positions, 4 increasing their positions, 2 reducing their positions, and 5 closing their positions.
152% more call options, than puts
Call options by funds: $6.19M | Put options by funds: $2.46M
100% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 2
0% less ownership
Funds ownership: 0.01% → 0% (-0%)
17% less funds holding
Funds holding: 12 → 10 (-2)
37% less capital invested
Capital invested by funds: $4.63M → $2.92M (-$1.7M)
40% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$1.33M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$253K |
| 3 |
TI
Trexquant Investment
Stamford,
Connecticut
|
+$136K |
| 4 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
+$61.7K |
| 5 |
Optiver Holding
Amsterdam,
Netherlands
|
+$61.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$925K |
| 2 |
CG
Cutler Group
San Francisco,
California
|
-$419K |
| 3 |
GA
Gateway Advisory
Westfield,
New Jersey
|
-$372K |
| 4 |
Jane Street
New York
|
-$370K |
| 5 |
VF
Virtu Financial
New York
|
-$175K |
TECS Hedge Fund Activity: Q2 2021 in Review
10 of the 5,746 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q2 2021, worth a combined $2.92M — down 37% from $4.63M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of TECS and 3 opened new positions — a net loss of 2 holders — while 2 trimmed existing stakes and 4 added.
The largest buyer was Citadel Advisors, adding an estimated $1.33M. The largest seller was Susquehanna International Group, cutting an estimated $925K.
- 10 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q2 2021, down from 12 in Q1 2021.
- Funds reported $2.92M of Direxion Daily Technology Bear 3x ETF stock for Q2 2021, down 37% quarter-over-quarter.
- 3 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q2 2021 and 5 closed out, a net change of -2 holders.
- The largest Direxion Daily Technology Bear 3x ETF buyer in Q2 2021 was Citadel Advisors, an estimated $1.33M added.
- The largest Direxion Daily Technology Bear 3x ETF seller in Q2 2021 was Susquehanna International Group, an estimated $925K sold.
Based on aggregated 13F filings for Q2 2021.