Direxion Daily Small Cap Bear 3x ETF
TZA
22 hedge funds and large institutions have $19.6M invested in Direxion Daily Small Cap Bear 3x ETF in 2018 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 3 increasing their positions, 8 reducing their positions, and 10 closing their positions.
42% more call options, than puts
Call options by funds: $41.7M | Put options by funds: $29.4M
24% more capital invested
Capital invested by funds: $15.8M → $19.6M (+$3.77M)
0% more ownership
Funds ownership: 0.01% → 0.02% (+0%)
4% less funds holding
Funds holding: 23 → 22 (-1)
10% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 10
63% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Simplex Trading
Chicago,
Illinois
|
+$2.57M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$1.22M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$925K |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
+$562K |
| 5 |
CG
Cutler Group
San Francisco,
California
|
+$520K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2.3M |
| 2 |
VF
Virtu Financial
New York
|
-$2.28M |
| 3 |
TSS
Two Sigma Securities
New York
|
-$1.91M |
| 4 |
Jane Street
New York
|
-$1.13M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.07M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TMC
26
Trellus Management Company
Delray Beach,
Florida
| – | -$194K | -58 | Closed |
|
27
Renaissance Technologies
New York
| – | -$164K | -49 | Closed |
|
|
IP
28
Intellectus Partners
San Francisco,
California
| – | -$135K | -40 | Closed |
|
|
CHAM
29
Clear Harbor Asset Management
Stamford,
Connecticut
| – | -$122K | -26 | Closed |
|
|
FDCDDQ
30
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| – | -$84.1K | -25 | Closed |
|
|
FANJ
31
Financial Architects (New Jersey)
Marlton,
New Jersey
| – | -$8K | -3 | Closed |
|
32
Bank of America
Charlotte,
North Carolina
| – | -$2K | -1 | Closed |
|
TZA Hedge Fund Activity: Q4 2018 in Review
22 of the 4,488 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bear 3x ETF (TZA) for Q4 2018, worth a combined $19.6M — up 24% from $15.8M a quarter earlier.
Sellers outnumbered buyers: 10 funds closed out of TZA and 9 opened new positions — a net loss of 1 holder — while 8 trimmed existing stakes and 3 added.
The largest buyer was Simplex Trading, opening a new position worth an estimated $2.57M. The largest seller was Tower Research Capital (TRC), cutting an estimated $2.3M.
- 22 institutional investors held Direxion Daily Small Cap Bear 3x ETF (TZA) as of Q4 2018, down from 23 in Q3 2018.
- Funds reported $19.6M of Direxion Daily Small Cap Bear 3x ETF stock for Q4 2018, up 24% quarter-over-quarter.
- 9 funds opened new Direxion Daily Small Cap Bear 3x ETF positions in Q4 2018 and 10 closed out, a net change of -1 holder.
- The largest Direxion Daily Small Cap Bear 3x ETF buyer in Q4 2018 was Simplex Trading, an estimated $2.57M added.
- The largest Direxion Daily Small Cap Bear 3x ETF seller in Q4 2018 was Tower Research Capital (TRC), an estimated $2.3M sold.
Based on aggregated 13F filings for Q4 2018.