Direxion Daily Technology Bear 3x ETF
TECS
18 hedge funds and large institutions have $97.9M invested in Direxion Daily Technology Bear 3x ETF in 2022 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 1 reducing their positions, and 5 closing their positions.
900% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 1
421% more capital invested
Capital invested by funds: $18.8M → $97.9M (+$79.1M)
63% more call options, than puts
Call options by funds: $15.1M | Put options by funds: $9.25M
27.42% more ownership
Funds ownership: 11.76% → 39.18% (+27%)
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
6% more funds holding
Funds holding: 17 → 18 (+1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LAM
LifePro Asset Management
San Diego,
California
|
+$30.8M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$8.24M |
| 3 |
Jane Street
New York
|
+$8M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$1.97M |
| 5 |
Goldman Sachs
New York
|
+$1.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IWC
Integrated Wealth Concepts
Waltham,
Massachusetts
|
-$600K |
| 2 |
CG
Cutler Group
San Francisco,
California
|
-$449K |
| 3 |
FAM
Formidable Asset Management
Cincinnati,
Ohio
|
-$226K |
| 4 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$203K |
| 5 |
QT
Quantbot Technologies
New York
|
-$159K |
TECS Hedge Fund Activity: Q3 2022 in Review
18 of the 5,828 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q3 2022, worth a combined $97.9M — up 421% from $18.8M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new TECS positions and 5 closed out — a net gain of 1 holder — while 10 added to existing stakes and 1 trimmed.
The largest buyer was LifePro Asset Management, opening a new position worth an estimated $30.8M. The largest seller was Integrated Wealth Concepts, exiting entirely with an estimated $600K sold.
- 18 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q3 2022, up from 17 in Q2 2022.
- Funds reported $97.9M of Direxion Daily Technology Bear 3x ETF stock for Q3 2022, up 421% quarter-over-quarter.
- 6 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q3 2022 and 5 closed out, a net change of +1 holder.
- The largest Direxion Daily Technology Bear 3x ETF buyer in Q3 2022 was LifePro Asset Management, an estimated $30.8M added.
- The largest Direxion Daily Technology Bear 3x ETF seller in Q3 2022 was Integrated Wealth Concepts, an estimated $600K sold.
Based on aggregated 13F filings for Q3 2022.