Direxion Daily Small Cap Bear 3x ETF
TZA
24 hedge funds and large institutions have $36.1M invested in Direxion Daily Small Cap Bear 3x ETF in 2019 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 8 increasing their positions, 3 reducing their positions, and 4 closing their positions.
167% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 3
133% more capital invested
Capital invested by funds: $15.5M → $36.1M (+$20.6M)
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
78% more call options, than puts
Call options by funds: $56.8M | Put options by funds: $31.9M
26% more funds holding
Funds holding: 19 → 24 (+5)
0.11% more ownership
Funds ownership: 0.01% → 0.13% (+0.11%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$7.27M |
| 2 |
Morgan Stanley
New York
|
+$5.93M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.6M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.56M |
| 5 |
FTUS
Flow Traders U.S.
New York
|
+$2.37M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$2.63M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
-$1.99M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$992K |
| 4 |
CG
Cutler Group
San Francisco,
California
|
-$72.2K |
| 5 |
FDCDDQ
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
|
-$49.4K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
IMC Chicago
Chicago,
Illinois
| – | -$1.99M | -547 | Closed |
|
|
CG
27
Cutler Group
San Francisco,
California
| – | -$72.2K | -19 | Closed |
|
28
Bank of Montreal
Toronto,
Ontario, Canada
| – | -$27K | -8 | Closed |
|
29
JP Morgan Chase
New York
| – | -$1K | -2 | Closed |
|
TZA Hedge Fund Activity: Q3 2019 in Review
24 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bear 3x ETF (TZA) for Q3 2019, worth a combined $36.1M — up 133% from $15.5M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TZA positions and 4 closed out — a net gain of 5 holders — while 8 added to existing stakes and 3 trimmed.
The largest buyer was Jane Street, adding an estimated $7.27M. The largest seller was Virtu Financial, cutting an estimated $2.63M.
- 24 institutional investors held Direxion Daily Small Cap Bear 3x ETF (TZA) as of Q3 2019, up from 19 in Q2 2019.
- Funds reported $36.1M of Direxion Daily Small Cap Bear 3x ETF stock for Q3 2019, up 133% quarter-over-quarter.
- 9 funds opened new Direxion Daily Small Cap Bear 3x ETF positions in Q3 2019 and 4 closed out, a net change of +5 holders.
- The largest Direxion Daily Small Cap Bear 3x ETF buyer in Q3 2019 was Jane Street, an estimated $7.27M added.
- The largest Direxion Daily Small Cap Bear 3x ETF seller in Q3 2019 was Virtu Financial, an estimated $2.63M sold.
Based on aggregated 13F filings for Q3 2019.