Direxion Daily Small Cap Bear 3x ETF
TZA
23 hedge funds and large institutions have $15.8M invested in Direxion Daily Small Cap Bear 3x ETF in 2018 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 3 increasing their positions, 8 reducing their positions, and 5 closing their positions.
384% more call options, than puts
Call options by funds: $34.4M | Put options by funds: $7.11M
60% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 5
15% more funds holding
Funds holding: 20 → 23 (+3)
0.01% less ownership
Funds ownership: 0.03% → 0.01% (-0.01%)
62% less capital invested
Capital invested by funds: $41.6M → $15.8M (-$25.8M)
63% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TSS
Two Sigma Securities
New York
|
+$971K |
| 2 |
Jane Street
New York
|
+$961K |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
+$761K |
| 4 |
Morgan Stanley
New York
|
+$619K |
| 5 |
SG Americas Securities
New York
|
+$423K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$11.8M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$6.14M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$3.01M |
| 4 |
Two Sigma Advisers
New York
|
-$1.79M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.76M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Two Sigma Investments
New York
| – | -$825K | -220 | Closed |
|
|
WAM
27
Wolverine Asset Management
Chicago,
Illinois
| – | -$348K | -103 | Closed |
|
28
UBS Group
Zurich,
Switzerland
| – | -$29K | -8 | Closed |
|
TZA Hedge Fund Activity: Q3 2018 in Review
23 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bear 3x ETF (TZA) for Q3 2018, worth a combined $15.8M — down 62% from $41.6M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new TZA positions and 5 closed out — a net gain of 3 holders — while 3 added to existing stakes and 8 trimmed.
The largest buyer was Two Sigma Securities, adding an estimated $971K. The largest seller was Susquehanna International Group, cutting an estimated $11.8M.
- 23 institutional investors held Direxion Daily Small Cap Bear 3x ETF (TZA) as of Q3 2018, up from 20 in Q2 2018.
- Funds reported $15.8M of Direxion Daily Small Cap Bear 3x ETF stock for Q3 2018, down 62% quarter-over-quarter.
- 8 funds opened new Direxion Daily Small Cap Bear 3x ETF positions in Q3 2018 and 5 closed out, a net change of +3 holders.
- The largest Direxion Daily Small Cap Bear 3x ETF buyer in Q3 2018 was Two Sigma Securities, an estimated $971K added.
- The largest Direxion Daily Small Cap Bear 3x ETF seller in Q3 2018 was Susquehanna International Group, an estimated $11.8M sold.
Based on aggregated 13F filings for Q3 2018.