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Direxion Daily Technology Bear 3x ETF

19 hedge funds and large institutions have $24.9M invested in Direxion Daily Technology Bear 3x ETF in 2024 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 1 closing their positions.

New
Increased
Maintained
Reduced
Closed

730% more call options, than puts

Call options by funds: $1.64M | Put options by funds: $197K

600% more first-time investments, than exits

New positions opened: 7 | Existing positions closed: 1

100% more repeat investments, than reductions

Existing positions increased: 8 | Existing positions reduced: 4

83% more capital invested

Capital invested by funds: $13.6M → $24.9M (+$11.3M)

46% more funds holding

Funds holding: 1319 (+6)

10.14% more ownership

Funds ownership: 14.23%24.38% (+10%)

Holders
19
Holders Change
+6
Holders Change %
+46.15%
% of All Funds
0.27%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
7
Increased
8
Reduced
4
Closed
1
Calls
$1.64M
Puts
$197K
Net Calls
+$1.44M
Net Calls Change
+$891K

TECS Hedge Fund Activity: Q3 2024 in Review

19 of the 6,978 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q3 2024, worth a combined $24.9M — up 83% from $13.6M a quarter earlier.

Buyers outnumbered sellers: 7 funds opened new TECS positions and 1 closed out — a net gain of 6 holders — while 8 added to existing stakes and 4 trimmed.

The largest buyer was Citadel Advisors, adding an estimated $7.53M. The largest seller was GTS Securities, cutting an estimated $1.42M.

  • 19 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q3 2024, up from 13 in Q2 2024.
  • Funds reported $24.9M of Direxion Daily Technology Bear 3x ETF stock for Q3 2024, up 83% quarter-over-quarter.
  • 7 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q3 2024 and 1 closed out, a net change of +6 holders.
  • The largest Direxion Daily Technology Bear 3x ETF buyer in Q3 2024 was Citadel Advisors, an estimated $7.53M added.
  • The largest Direxion Daily Technology Bear 3x ETF seller in Q3 2024 was GTS Securities, an estimated $1.42M sold.

Based on aggregated 13F filings for Q3 2024.