Direxion Daily Technology Bear 3x ETF
TECS
15 hedge funds and large institutions have $9.14M invested in Direxion Daily Technology Bear 3x ETF in 2023 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 4 closing their positions.
415% more call options, than puts
Call options by funds: $7.68M | Put options by funds: $1.49M
149% more capital invested
Capital invested by funds: $3.66M → $9.14M (+$5.47M)
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
15% more funds holding
Funds holding: 13 → 15 (+2)
0.05% more ownership
Funds ownership: 0.03% → 0.08% (+0.05%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FS
Ferguson Shapiro
Decatur,
Georgia
|
+$1.84M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$1.59M |
| 3 |
VF
Virtu Financial
New York
|
+$1.24M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
+$1.09M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
LAM
LifePro Asset Management
San Diego,
California
|
-$623K |
| 2 |
Morgan Stanley
New York
|
-$148K |
| 3 |
Bank of America
Charlotte,
North Carolina
|
-$55.8K |
| 4 |
QT
Quantbot Technologies
New York
|
-$51.1K |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$40.4K |
TECS Hedge Fund Activity: Q2 2023 in Review
15 of the 6,370 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q2 2023, worth a combined $9.14M — up 149% from $3.66M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new TECS positions and 4 closed out — a net gain of 3 holders — while 4 added to existing stakes and 3 trimmed.
The largest buyer was Ferguson Shapiro, opening a new position worth an estimated $1.84M. The largest seller was LifePro Asset Management, exiting entirely with an estimated $623K sold.
- 15 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q2 2023, up from 13 in Q1 2023.
- Funds reported $9.14M of Direxion Daily Technology Bear 3x ETF stock for Q2 2023, up 149% quarter-over-quarter.
- 7 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q2 2023 and 4 closed out, a net change of +3 holders.
- The largest Direxion Daily Technology Bear 3x ETF buyer in Q2 2023 was Ferguson Shapiro, an estimated $1.84M added.
- The largest Direxion Daily Technology Bear 3x ETF seller in Q2 2023 was LifePro Asset Management, an estimated $623K sold.
Based on aggregated 13F filings for Q2 2023.