Direxion Daily Technology Bear 3x ETF
TECS
16 hedge funds and large institutions have $19.6M invested in Direxion Daily Technology Bear 3x ETF in 2022 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 1 increasing their positions, 13 reducing their positions, and 4 closing their positions.
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
0.28% less ownership
Funds ownership: 0.39% → 0.12% (-0.28%)
11% less funds holding
Funds holding: 18 → 16 (-2)
37% less call options, than puts
Call options by funds: $8.72M | Put options by funds: $13.9M
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
80% less capital invested
Capital invested by funds: $97.9M → $19.6M (-$78.3M)
92% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GPFA
Game Plan Financial Advisors
Westlake,
Ohio
|
+$3.46M |
| 2 |
UBS Group
Zurich,
Switzerland
|
+$368K |
| 3 |
CIAS
Capital Investment Advisory Services
Raleigh,
North Carolina
|
+$8.36K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LAM
LifePro Asset Management
San Diego,
California
|
-$32M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$13M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$3.03M |
| 4 |
Jane Street
New York
|
-$2.71M |
| 5 |
Goldman Sachs
New York
|
-$1.15M |
TECS Hedge Fund Activity: Q4 2022 in Review
16 of the 6,222 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q4 2022, worth a combined $19.6M — down 80% from $97.9M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of TECS and 2 opened new positions — a net loss of 2 holders — while 13 trimmed existing stakes and 1 added.
The largest buyer was Game Plan Financial Advisors, opening a new position worth an estimated $3.46M. The largest seller was LifePro Asset Management, cutting an estimated $32M.
- 16 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q4 2022, down from 18 in Q3 2022.
- Funds reported $19.6M of Direxion Daily Technology Bear 3x ETF stock for Q4 2022, down 80% quarter-over-quarter.
- 2 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q4 2022 and 4 closed out, a net change of -2 holders.
- The largest Direxion Daily Technology Bear 3x ETF buyer in Q4 2022 was Game Plan Financial Advisors, an estimated $3.46M added.
- The largest Direxion Daily Technology Bear 3x ETF seller in Q4 2022 was LifePro Asset Management, an estimated $32M sold.
Based on aggregated 13F filings for Q4 2022.