Direxion Daily Small Cap Bear 3x ETF
TZA
22 hedge funds and large institutions have $24.2M invested in Direxion Daily Small Cap Bear 3x ETF in 2019 Q4 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 6 reducing their positions, and 6 closing their positions.
55% more call options, than puts
Call options by funds: $45.1M | Put options by funds: $29.1M
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
0.03% less ownership
Funds ownership: 0.13% → 0.1% (-0.03%)
8% less funds holding
Funds holding: 24 → 22 (-2)
33% less capital invested
Capital invested by funds: $36.1M → $24.2M (-$11.9M)
33% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.4M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$2.15M |
| 3 |
VF
Virtu Financial
New York
|
+$1.34M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
+$1.25M |
| 5 |
Morgan Stanley
New York
|
+$1.05M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$9.1M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$2.03M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
-$1.62M |
| 4 |
EM
Emancipation Management
New York
|
-$705K |
| 5 |
TCM
Tuttle Capital Management
Riverside,
Connecticut
|
-$579K |
TZA Hedge Fund Activity: Q4 2019 in Review
22 of the 5,075 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bear 3x ETF (TZA) for Q4 2019, worth a combined $24.2M — down 33% from $36.1M a quarter earlier.
Sellers outnumbered buyers: 6 funds closed out of TZA and 4 opened new positions — a net loss of 2 holders — while 6 trimmed existing stakes and 8 added.
The largest buyer was Susquehanna International Group, adding an estimated $3.4M. The largest seller was Jane Street, cutting an estimated $9.1M.
- 22 institutional investors held Direxion Daily Small Cap Bear 3x ETF (TZA) as of Q4 2019, down from 24 in Q3 2019.
- Funds reported $24.2M of Direxion Daily Small Cap Bear 3x ETF stock for Q4 2019, down 33% quarter-over-quarter.
- 4 funds opened new Direxion Daily Small Cap Bear 3x ETF positions in Q4 2019 and 6 closed out, a net change of -2 holders.
- The largest Direxion Daily Small Cap Bear 3x ETF buyer in Q4 2019 was Susquehanna International Group, an estimated $3.4M added.
- The largest Direxion Daily Small Cap Bear 3x ETF seller in Q4 2019 was Jane Street, an estimated $9.1M sold.
Based on aggregated 13F filings for Q4 2019.