Direxion Daily Technology Bear 3x ETF
TECS
18 hedge funds and large institutions have $8M invested in Direxion Daily Technology Bear 3x ETF in 2022 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 2 closing their positions.
250% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 2
184% more call options, than puts
Call options by funds: $22.4M | Put options by funds: $7.89M
38% more funds holding
Funds holding: 13 → 18 (+5)
30% more capital invested
Capital invested by funds: $6.16M → $8M (+$1.84M)
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
0.06% less ownership
Funds ownership: 0.15% → 0.09% (-0.06%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$1.54M |
| 2 |
HF
HRT Financial
New York
|
+$824K |
| 3 |
TSS
Two Sigma Securities
New York
|
+$645K |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$634K |
| 5 |
VF
Virtu Financial
New York
|
+$426K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$2.05M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.16M |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$558K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$159K |
| 5 |
Optiver Holding
Amsterdam,
Netherlands
|
-$86K |
TECS Hedge Fund Activity: Q1 2022 in Review
18 of the 6,341 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q1 2022, worth a combined $8M — up 30% from $6.16M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new TECS positions and 2 closed out — a net gain of 5 holders — while 6 added to existing stakes and 5 trimmed.
The largest buyer was Integrated Wealth Concepts, opening a new position worth an estimated $1.54M. The largest seller was Citadel Advisors, cutting an estimated $2.05M.
- 18 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q1 2022, up from 13 in Q4 2021.
- Funds reported $8M of Direxion Daily Technology Bear 3x ETF stock for Q1 2022, up 30% quarter-over-quarter.
- 7 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q1 2022 and 2 closed out, a net change of +5 holders.
- The largest Direxion Daily Technology Bear 3x ETF buyer in Q1 2022 was Integrated Wealth Concepts, an estimated $1.54M added.
- The largest Direxion Daily Technology Bear 3x ETF seller in Q1 2022 was Citadel Advisors, an estimated $2.05M sold.
Based on aggregated 13F filings for Q1 2022.