Direxion Daily Small Cap Bear 3x ETF
TZA
25 hedge funds and large institutions have $28.3M invested in Direxion Daily Small Cap Bear 3x ETF in 2018 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 8 increasing their positions, 10 reducing their positions, and 11 closing their positions.
213% more call options, than puts
Call options by funds: $47.9M | Put options by funds: $15.3M
0% less ownership
Funds ownership: 0.02% → 0.02% (-0%)
17% less funds holding
Funds holding: 30 → 25 (-5)
20% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 10
21% less capital invested
Capital invested by funds: $35.8M → $28.3M (-$7.46M)
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$4.21M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.92M |
| 3 |
Goldman Sachs
New York
|
+$1.16M |
| 4 |
Barclays
London,
United Kingdom
|
+$978K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$447K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Advisers
New York
|
-$3.46M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.71M |
| 3 |
Two Sigma Investments
New York
|
-$2.1M |
| 4 |
VF
Virtu Financial
New York
|
-$1.85M |
| 5 |
HCM
Hengehold Capital Management
Cincinnati,
Ohio
|
-$1.28M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FDCDDQ
26
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $1.43K | -$93.1K | -20 | Closed |
|
|
HCM
27
Hengehold Capital Management
Cincinnati,
Ohio
| – | -$1.28M | -261 | Closed |
|
28
Bank of America
Charlotte,
North Carolina
| – | -$1.13M | -229 | Closed |
|
|
DS
29
DRW Securities
Chicago,
Illinois
| – | -$1.1M | -224 | Closed |
|
|
HF
30
HRT Financial
New York
| – | -$196K | -40 | Closed |
|
|
RA
31
Raffles Associates
New York
| – | -$123K | -25 | Closed |
|
32
PNC Financial Services Group
Pittsburgh,
Pennsylvania
| – | -$61K | -13 | Closed |
|
33
Citigroup
New York
| – | -$41.9K | -9 | Closed |
|
|
CLOS
34
Compagnie Lombard Odier SCmA
1204 Geneva,
Switzerland
| – | -$4K | -1 | Closed |
|
|
SWM
35
SeaCrest Wealth Management
Purchase,
New York
| – | -$4K | -1 | Closed |
|
|
WA
36
Winfield Associates
Cleveland,
Ohio
| – | -$4K | -1 | Closed |
|
TZA Hedge Fund Activity: Q1 2018 in Review
25 of the 4,364 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bear 3x ETF (TZA) for Q1 2018, worth a combined $28.3M — down 21% from $35.8M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of TZA and 6 opened new positions — a net loss of 5 holders — while 10 trimmed existing stakes and 8 added.
The largest buyer was Citadel Advisors, adding an estimated $4.21M. The largest seller was Two Sigma Advisers, cutting an estimated $3.46M.
- 25 institutional investors held Direxion Daily Small Cap Bear 3x ETF (TZA) as of Q1 2018, down from 30 in Q4 2017.
- Funds reported $28.3M of Direxion Daily Small Cap Bear 3x ETF stock for Q1 2018, down 21% quarter-over-quarter.
- 6 funds opened new Direxion Daily Small Cap Bear 3x ETF positions in Q1 2018 and 11 closed out, a net change of -5 holders.
- The largest Direxion Daily Small Cap Bear 3x ETF buyer in Q1 2018 was Citadel Advisors, an estimated $4.21M added.
- The largest Direxion Daily Small Cap Bear 3x ETF seller in Q1 2018 was Two Sigma Advisers, an estimated $3.46M sold.
Based on aggregated 13F filings for Q1 2018.