Direxion Daily Technology Bear 3x ETF
TECS
13 hedge funds and large institutions have $15.4M invested in Direxion Daily Technology Bear 3x ETF in 2025 Q3 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 1 reducing their positions, and 10 closing their positions.
700% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 1
168% more capital invested
Capital invested by funds: $5.77M → $15.4M (+$9.68M)
0.92% less ownership
Funds ownership: 0.92% → 0% (-0.92%)
10% less call options, than puts
Call options by funds: $3.92M | Put options by funds: $4.33M
32% less funds holding
Funds holding: 19 → 13 (-6)
60% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HW
Hamilton Wealth
Encino,
California
|
+$11.2M |
| 2 |
QC
Quadrature Capital
London,
United Kingdom
|
+$2.61M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$866K |
| 4 |
EWA
EverSource Wealth Advisors
Birmingham,
Alabama
|
+$832K |
| 5 |
Jane Street
New York
|
+$779K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
-$2.68M |
| 2 |
SG
StoneX Group
New York
|
-$393K |
| 3 |
GS
GTS Securities
New York
|
-$332K |
| 4 |
TSS
Two Sigma Securities
New York
|
-$274K |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$229K |
TECS Hedge Fund Activity: Q3 2025 in Review
13 of the 7,619 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q3 2025, worth a combined $15.4M — up 168% from $5.77M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of TECS and 4 opened new positions — a net loss of 6 holders — while 1 trimmed existing stakes and 8 added.
The largest buyer was Hamilton Wealth, adding an estimated $11.2M. The largest seller was BNP Paribas Financial Markets, exiting entirely with an estimated $2.68M sold.
- 13 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q3 2025, down from 19 in Q2 2025.
- Funds reported $15.4M of Direxion Daily Technology Bear 3x ETF stock for Q3 2025, up 168% quarter-over-quarter.
- 4 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q3 2025 and 10 closed out, a net change of -6 holders.
- The largest Direxion Daily Technology Bear 3x ETF buyer in Q3 2025 was Hamilton Wealth, an estimated $11.2M added.
- The largest Direxion Daily Technology Bear 3x ETF seller in Q3 2025 was BNP Paribas Financial Markets, an estimated $2.68M sold.
Based on aggregated 13F filings for Q3 2025.