Direxion Daily Technology Bear 3x ETF
TECS
16 hedge funds and large institutions have $14.4M invested in Direxion Daily Technology Bear 3x ETF in 2026 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 4 reducing their positions, and 7 closing their positions.
108% more capital invested
Capital invested by funds: $6.9M → $14.4M (+$7.48M)
75% more call options, than puts
Call options by funds: $9.53M | Put options by funds: $5.46M
25% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 4
0% more funds holding
Funds holding: 16 → 16 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$5.45M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$1.18M |
| 3 |
Goldman Sachs
New York
|
+$870K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$790K |
| 5 |
IMC Chicago
Chicago,
Illinois
|
+$735K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
QC
Quadrature Capital
London,
United Kingdom
|
-$1.07M |
| 2 |
VF
Virtu Financial
New York
|
-$958K |
| 3 |
Jane Street
New York
|
-$471K |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$439K |
| 5 |
HT
Headlands Technologies
Chicago,
Illinois
|
-$306K |
TECS Hedge Fund Activity: Q1 2026 in Review
16 of the 8,197 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bear 3x ETF (TECS) for Q1 2026, worth a combined $14.4M — up 108% from $6.9M a quarter earlier.
Fund positioning in TECS was balanced in Q1 2026: 7 funds opened new positions, 7 closed out, 5 added to existing stakes and 4 trimmed.
The largest buyer was BNP Paribas Financial Markets, opening a new position worth an estimated $5.45M. The largest seller was Quadrature Capital, exiting entirely with an estimated $1.07M sold.
- 16 institutional investors held Direxion Daily Technology Bear 3x ETF (TECS) as of Q1 2026, unchanged from Q4 2025.
- Funds reported $14.4M of Direxion Daily Technology Bear 3x ETF stock for Q1 2026, up 108% quarter-over-quarter.
- 7 funds opened new Direxion Daily Technology Bear 3x ETF positions in Q1 2026 and 7 closed out, a net change of 0 holders.
- The largest Direxion Daily Technology Bear 3x ETF buyer in Q1 2026 was BNP Paribas Financial Markets, an estimated $5.45M added.
- The largest Direxion Daily Technology Bear 3x ETF seller in Q1 2026 was Quadrature Capital, an estimated $1.07M sold.
Based on aggregated 13F filings for Q1 2026.