Direxion Daily Technology Bear 3x ETF
TECS
13 hedge funds and large institutions have $6.16M invested in Direxion Daily Technology Bear 3x ETF in 2021 Q4 according to their latest regulatory filings, with 3 funds opening new positions, 8 increasing their positions, 2 reducing their positions, and 9 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 2
192% more call options, than puts
Call options by funds: $24.1M | Put options by funds: $8.26M
71% more capital invested
Capital invested by funds: $3.6M → $6.16M (+$2.56M)
9.98% more ownership
Funds ownership: 4.85% → 14.83% (+10%)
32% less funds holding
Funds holding: 19 → 13 (-6)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$3.04M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.84M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
+$663K |
| 4 |
COCM
Charter Oak Capital Management
Portsmouth,
New Hampshire
|
+$228K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$151K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
-$457K |
| 2 |
TSS
Two Sigma Securities
New York
|
-$312K |
| 3 |
HF
HRT Financial
New York
|
-$216K |
| 4 |
KC
Kingfisher Capital
Charlotte,
North Carolina
|
-$166K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$147K |
TECS Hedge Fund Activity: Q4 2021 in Review
13 of the 6,518 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q4 2021, worth a combined $6.16M — up 71% from $3.6M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of TECS and 3 opened new positions — a net loss of 6 holders — while 2 trimmed existing stakes and 8 added.
The largest buyer was Citadel Advisors, adding an estimated $3.04M. The largest seller was Formidable Asset Management, exiting entirely with an estimated $457K sold.
- 13 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q4 2021, down from 19 in Q3 2021.
- Funds reported $6.16M of Direxion Daily Technology Bear 3x ETF stock for Q4 2021, up 71% quarter-over-quarter.
- 3 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q4 2021 and 9 closed out, a net change of -6 holders.
- The largest Direxion Daily Technology Bear 3x ETF buyer in Q4 2021 was Citadel Advisors, an estimated $3.04M added.
- The largest Direxion Daily Technology Bear 3x ETF seller in Q4 2021 was Formidable Asset Management, an estimated $457K sold.
Based on aggregated 13F filings for Q4 2021.