Direxion Daily Small Cap Bear 3x ETF
TZA
19 hedge funds and large institutions have $15.5M invested in Direxion Daily Small Cap Bear 3x ETF in 2019 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 5 increasing their positions, 3 reducing their positions, and 14 closing their positions.
115% more call options, than puts
Call options by funds: $67.3M | Put options by funds: $31.4M
67% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 3
0% more ownership
Funds ownership: 0.01% → 0.01% (+0%)
4% less capital invested
Capital invested by funds: $16.1M → $15.5M (-$606K)
30% less funds holding
Funds holding: 27 → 19 (-8)
57% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 14
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$3.33M |
| 2 |
Jane Street
New York
|
+$3.12M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
+$2.09M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$953K |
| 5 |
CI
Chartist Inc
Seal Beach,
California
|
+$433K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.82M |
| 2 |
1CM
1492 Capital Management
Milwaukee,
Wisconsin
|
-$1.11M |
| 3 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$985K |
| 4 |
HCM
Hengehold Capital Management
Cincinnati,
Ohio
|
-$482K |
| 5 |
FCI
Financial Counselors Inc
Overland Park,
Kansas
|
-$480K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TSS
26
Two Sigma Securities
New York
| – | -$369K | -94 | Closed |
|
|
QCMA
27
Quad Capital Management Advisors
New York
| – | -$355K | -90 | Closed |
|
|
WJA
28
Williams Jones & Associates
New York
| – | -$167K | -42 | Closed |
|
|
SDJVC
29
St. Denis J. Villere & Co
New Orleans,
Louisiana
| – | -$126K | -32 | Closed |
|
|
BCM
30
Bourgeon Capital Management
Darien,
Connecticut
| – | -$113K | -29 | Closed |
|
|
CHAM
31
Clear Harbor Asset Management
Stamford,
Connecticut
| – | -$111K | -28 | Closed |
|
32
Goldman Sachs
New York
| – | -$107K | -27 | Closed |
|
|
LFA
33
Legacy Financial Advisors
Covington,
Kentucky
| – | -$40K | -10 | Closed |
|
TZA Hedge Fund Activity: Q2 2019 in Review
19 of the 4,604 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bear 3x ETF (TZA) for Q2 2019, worth a combined $15.5M — down 3.8% from $16.1M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of TZA and 6 opened new positions — a net loss of 8 holders — while 3 trimmed existing stakes and 5 added.
The largest buyer was Virtu Financial, adding an estimated $3.33M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $4.82M sold.
- 19 institutional investors held Direxion Daily Small Cap Bear 3x ETF (TZA) as of Q2 2019, down from 27 in Q1 2019.
- Funds reported $15.5M of Direxion Daily Small Cap Bear 3x ETF stock for Q2 2019, down 3.8% quarter-over-quarter.
- 6 funds opened new Direxion Daily Small Cap Bear 3x ETF positions in Q2 2019 and 14 closed out, a net change of -8 holders.
- The largest Direxion Daily Small Cap Bear 3x ETF buyer in Q2 2019 was Virtu Financial, an estimated $3.33M added.
- The largest Direxion Daily Small Cap Bear 3x ETF seller in Q2 2019 was Susquehanna International Group, an estimated $4.82M sold.
Based on aggregated 13F filings for Q2 2019.