Direxion Daily Technology Bear 3x ETF
TECS
17 hedge funds and large institutions have $18.8M invested in Direxion Daily Technology Bear 3x ETF in 2022 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 4 increasing their positions, 8 reducing their positions, and 5 closing their positions.
135% more capital invested
Capital invested by funds: $8M → $18.8M (+$10.8M)
81% more call options, than puts
Call options by funds: $14.9M | Put options by funds: $8.21M
2.98% more ownership
Funds ownership: 8.78% → 11.76% (+3%)
6% less funds holding
Funds holding: 18 → 17 (-1)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
50% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$6.39M |
| 2 |
Jane Street
New York
|
+$1.96M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$1.06M |
| 4 |
CG
Cutler Group
San Francisco,
California
|
+$494K |
| 5 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
+$206K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$1.33M |
| 2 |
HF
HRT Financial
New York
|
-$722K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$524K |
| 4 |
Goldman Sachs
New York
|
-$359K |
| 5 |
COCM
Charter Oak Capital Management
Portsmouth,
New Hampshire
|
-$330K |
TECS Hedge Fund Activity: Q2 2022 in Review
17 of the 5,959 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q2 2022, worth a combined $18.8M — up 135% from $8M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of TECS and 4 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 4 added.
The largest buyer was Susquehanna International Group, adding an estimated $6.39M. The largest seller was Integrated Wealth Concepts, cutting an estimated $1.33M.
- 17 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q2 2022, down from 18 in Q1 2022.
- Funds reported $18.8M of Direxion Daily Technology Bear 3x ETF stock for Q2 2022, up 135% quarter-over-quarter.
- 4 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q2 2022 and 5 closed out, a net change of -1 holder.
- The largest Direxion Daily Technology Bear 3x ETF buyer in Q2 2022 was Susquehanna International Group, an estimated $6.39M added.
- The largest Direxion Daily Technology Bear 3x ETF seller in Q2 2022 was Integrated Wealth Concepts, an estimated $1.33M sold.
Based on aggregated 13F filings for Q2 2022.