Direxion Daily Technology Bear 3x ETF
TECS
13 hedge funds and large institutions have $13.6M invested in Direxion Daily Technology Bear 3x ETF in 2024 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 6 increasing their positions, 5 reducing their positions, and 7 closing their positions.
203% more call options, than puts
Call options by funds: $818K | Put options by funds: $270K
20% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 5
5.62% less ownership
Funds ownership: 19.85% → 14.23% (-5.6%)
28% less funds holding
Funds holding: 18 → 13 (-5)
56% less capital invested
Capital invested by funds: $30.9M → $13.6M (-$17.4M)
71% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HW
Hamilton Wealth
Encino,
California
|
+$4.91M |
| 2 |
GS
GTS Securities
Miami,
Florida
|
+$3.19M |
| 3 |
Jane Street
New York
|
+$1.97M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$789K |
| 5 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$47.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$17M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$3.24M |
| 3 |
VF
Virtu Financial
New York
|
-$1.22M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
-$1.04M |
| 5 |
Walleye Capital
New York
|
-$421K |
TECS Hedge Fund Activity: Q2 2024 in Review
13 of the 6,935 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q2 2024, worth a combined $13.6M — down 56% from $30.9M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of TECS and 2 opened new positions — a net loss of 5 holders — while 5 trimmed existing stakes and 6 added.
The largest buyer was Hamilton Wealth, adding an estimated $4.91M. The largest seller was HRT Financial, cutting an estimated $17M.
- 13 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q2 2024, down from 18 in Q1 2024.
- Funds reported $13.6M of Direxion Daily Technology Bear 3x ETF stock for Q2 2024, down 56% quarter-over-quarter.
- 2 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q2 2024 and 7 closed out, a net change of -5 holders.
- The largest Direxion Daily Technology Bear 3x ETF buyer in Q2 2024 was Hamilton Wealth, an estimated $4.91M added.
- The largest Direxion Daily Technology Bear 3x ETF seller in Q2 2024 was HRT Financial, an estimated $17M sold.
Based on aggregated 13F filings for Q2 2024.