Direxion Daily Small Cap Bear 3x ETF
TZA
31 hedge funds and large institutions have $83.5M invested in Direxion Daily Small Cap Bear 3x ETF in 2014 Q1 according to their latest regulatory filings, with 12 funds opening new positions, 11 increasing their positions, 6 reducing their positions, and 6 closing their positions.
101% more capital invested
Capital invested by funds: $41.6M → $83.5M (+$41.9M)
100% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 6
99% more call options, than puts
Call options by funds: $69.7M | Put options by funds: $35M
83% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 6
24% more funds holding
Funds holding: 25 → 31 (+6)
0% more ownership
Funds ownership: 0% → 0.01% (+0%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$18.3M |
| 2 |
VF
Virtu Financial
New York
|
+$13.1M |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$3.19M |
| 4 |
AGM
Alpine Global Management
New York
|
+$2.95M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$2.31M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JT
Jump Trading
Chicago,
Illinois
|
-$425K |
| 2 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$425K |
| 3 |
AIG
American International Group
New York
|
-$385K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$319K |
| 5 |
Goldman Sachs
New York
|
-$266K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Creative Planning
Overland Park,
Kansas
| $126K | +$133K | +5 | New |
|
|
JT
27
Jump Trading
Chicago,
Illinois
| $116K | -$425K | -16 | -76% |
|
|
FTUS
28
Flow Traders U.S.
New York
| $113K | +$133K | +5 | New |
|
|
CLOS
29
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| $34K | – | – | – |
|
|
WAM
30
Wolverine Asset Management
Chicago,
Illinois
| $32K | -$106K | -4 | -80% |
|
|
31
Bank of America
Charlotte,
North Carolina
| $4K | -$319K | -12 | Closed |
|
|
PMFA
32
Plante Moran Financial Advisors
Southfield,
Michigan
| $2K | – | – | – |
|
33
Walleye Trading
New York
| $609 | +$638K | +24 | New |
|
|
AIG
34
American International Group
New York
| – | -$385K | -14 | Closed |
|
|
CAM
35
CMT Asset Management
Chicago,
Illinois
| – | -$181K | -7 | Closed |
|
|
HCM
36
Hollencrest Capital Management
Newport Beach,
California
| – | -$170K | -6 | Closed |
|
|
LCM
37
Logan Capital Management
Newtown Square,
Pennsylvania
| – | -$170K | -6 | Closed |
|
|
AA
38
AlphaMark Advisors
Ft. Wright,
Kentucky
| – | -$36K | -1 | Closed |
|
|
PAS
39
Partnervest Advisory Services
Santa Barbara,
California
| – | -$2K | – | – |
|
TZA Hedge Fund Activity: Q1 2014 in Review
31 of the 3,463 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bear 3x ETF (TZA) for Q1 2014, worth a combined $83.5M — up 101% from $41.6M a quarter earlier.
Buyers outnumbered sellers: 12 funds opened new TZA positions and 6 closed out — a net gain of 6 holders — while 11 added to existing stakes and 6 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $18.3M. The largest seller was Jump Trading, cutting an estimated $425K.
- 31 institutional investors held Direxion Daily Small Cap Bear 3x ETF (TZA) as of Q1 2014, up from 25 in Q4 2013.
- Funds reported $83.5M of Direxion Daily Small Cap Bear 3x ETF stock for Q1 2014, up 101% quarter-over-quarter.
- 12 funds opened new Direxion Daily Small Cap Bear 3x ETF positions in Q1 2014 and 6 closed out, a net change of +6 holders.
- The largest Direxion Daily Small Cap Bear 3x ETF buyer in Q1 2014 was Susquehanna International Group, an estimated $18.3M added.
- The largest Direxion Daily Small Cap Bear 3x ETF seller in Q1 2014 was Jump Trading, an estimated $425K sold.
Based on aggregated 13F filings for Q1 2014.