Direxion Daily Technology Bear 3x ETF
TECS
16 hedge funds and large institutions have $6.9M invested in Direxion Daily Technology Bear 3x ETF in 2025 Q4 according to their latest regulatory filings, with 11 funds opening new positions, 3 increasing their positions, 2 reducing their positions, and 8 closing their positions.
458% more call options, than puts
Call options by funds: $9.02M | Put options by funds: $1.62M
50% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 2
38% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 8
23% more funds holding
Funds holding: 13 → 16 (+3)
55% less capital invested
Capital invested by funds: $15.4M → $6.9M (-$8.54M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$979K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$631K |
| 3 |
GS
GTS Securities
Miami,
Florida
|
+$459K |
| 4 |
HT
Headlands Technologies
Chicago,
Illinois
|
+$313K |
| 5 |
JF
Jump Financial
Chicago,
Illinois
|
+$310K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HW
Hamilton Wealth
Encino,
California
|
-$9.56M |
| 2 |
EWA
EverSource Wealth Advisors
Birmingham,
Alabama
|
-$882K |
| 3 |
QC
Quadrature Capital
London,
United Kingdom
|
-$867K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$451K |
| 5 |
BPAMU
BTG Pactual Asset Management US
New York
|
-$275K |
TECS Hedge Fund Activity: Q4 2025 in Review
16 of the 8,274 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q4 2025, worth a combined $6.9M — down 55% from $15.4M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new TECS positions and 8 closed out — a net gain of 3 holders — while 3 added to existing stakes and 2 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $979K. The largest seller was Hamilton Wealth, exiting entirely with an estimated $9.56M sold.
- 16 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q4 2025, up from 13 in Q3 2025.
- Funds reported $6.9M of Direxion Daily Technology Bear 3x ETF stock for Q4 2025, down 55% quarter-over-quarter.
- 11 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q4 2025 and 8 closed out, a net change of +3 holders.
- The largest Direxion Daily Technology Bear 3x ETF buyer in Q4 2025 was Virtu Financial, an estimated $979K added.
- The largest Direxion Daily Technology Bear 3x ETF seller in Q4 2025 was Hamilton Wealth, an estimated $9.56M sold.
Based on aggregated 13F filings for Q4 2025.