Direxion Daily Technology Bear 3x ETF
TECS
19 hedge funds and large institutions have $3.6M invested in Direxion Daily Technology Bear 3x ETF in 2021 Q3 according to their latest regulatory filings, with 12 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 3 closing their positions.
300% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 3
90% more funds holding
Funds holding: 10 → 19 (+9)
60% more call options, than puts
Call options by funds: $4.3M | Put options by funds: $2.7M
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
23% more capital invested
Capital invested by funds: $2.92M → $3.6M (+$676K)
1.83% less ownership
Funds ownership: 6.67% → 4.85% (-1.8%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
+$426K |
| 2 |
VF
Virtu Financial
New York
|
+$355K |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$324K |
| 4 |
TSS
Two Sigma Securities
New York
|
+$288K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$213K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$1.41M |
| 2 |
TI
Trexquant Investment
Stamford,
Connecticut
|
-$115K |
| 3 |
HighTower Advisors
Chicago,
Illinois
|
-$85K |
| 4 |
BCM
Brookstone Capital Management
Wheaton,
Illinois
|
-$47K |
| 5 |
Optiver Holding
Amsterdam,
Netherlands
|
-$31K |
TECS Hedge Fund Activity: Q3 2021 in Review
19 of the 5,728 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q3 2021, worth a combined $3.6M — up 23% from $2.92M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new TECS positions and 3 closed out — a net gain of 9 holders — while 3 added to existing stakes and 2 trimmed.
The largest buyer was Formidable Asset Management, opening a new position worth an estimated $426K. The largest seller was Citadel Advisors, cutting an estimated $1.41M.
- 19 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q3 2021, up from 10 in Q2 2021.
- Funds reported $3.6M of Direxion Daily Technology Bear 3x ETF stock for Q3 2021, up 23% quarter-over-quarter.
- 12 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q3 2021 and 3 closed out, a net change of +9 holders.
- The largest Direxion Daily Technology Bear 3x ETF buyer in Q3 2021 was Formidable Asset Management, an estimated $426K added.
- The largest Direxion Daily Technology Bear 3x ETF seller in Q3 2021 was Citadel Advisors, an estimated $1.41M sold.
Based on aggregated 13F filings for Q3 2021.