Direxion Daily Small Cap Bear 3x ETF
TZA
31 hedge funds and large institutions have $22.9M invested in Direxion Daily Small Cap Bear 3x ETF in 2020 Q2 according to their latest regulatory filings, with 18 funds opening new positions, 11 increasing their positions, 1 reducing their positions, and 7 closing their positions.
1,000% more repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 1
157% more first-time investments, than exits
New positions opened: 18 | Existing positions closed: 7
80% more call options, than puts
Call options by funds: $68.7M | Put options by funds: $38.1M
55% more funds holding
Funds holding: 20 → 31 (+11)
3% more capital invested
Capital invested by funds: $22.3M → $22.9M (+$566K)
0.03% less ownership
Funds ownership: 0.08% → 0.05% (-0.03%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
+$5.35M |
| 2 |
Simplex Trading
Chicago,
Illinois
|
+$4.12M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$3.3M |
| 4 |
ST
Smithfield Trust
Pittsburgh,
Pennsylvania
|
+$3.1M |
| 5 |
DS
DRW Securities
Chicago,
Illinois
|
+$2.66M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PM
Prosight Management
Dallas,
Texas
|
-$7.42M |
| 2 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
-$2.77M |
| 3 |
Renaissance Technologies
New York
|
-$1M |
| 4 |
JC
Jacobs & Co
San Francisco,
California
|
-$743K |
| 5 |
Barclays
London,
United Kingdom
|
-$524K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
FDCDDQ
26
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $59.4K | +$95.4K | +35 | New |
|
|
CG
27
Cutler Group
San Francisco,
California
| $17K | +$27.3K | +10 | New |
|
|
28
Barclays
London,
United Kingdom
| $11K | -$524K | -192 | -97% |
|
|
AWM
29
AllSquare Wealth Management
Albany,
New York
| $7K | +$10.9K | +4 | New |
|
30
Osaic Holdings
Scottsdale,
Arizona
| $7K | +$10.9K | +4 | New |
|
|
MIM
31
Macroview Investment Management
Bethesda,
Maryland
| $4K | – | – | – |
|
|
PM
32
Prosight Management
Dallas,
Texas
| – | -$7.42M | -1,563 | Closed |
|
|
ACM
33
Avalon Capital Management
Port Of Redwood City,
California
| – | -$2.77M | -582 | Closed |
|
|
34
Renaissance Technologies
New York
| – | -$1M | -211 | Closed |
|
|
JC
35
Jacobs & Co
San Francisco,
California
| – | -$743K | -156 | Closed |
|
|
TSS
36
Two Sigma Securities
New York
| – | -$142K | -52 | Closed |
|
|
WAM
37
Wolverine Asset Management
Chicago,
Illinois
| – | -$70.9K | -26 | Closed |
|
|
GI
38
Gradient Investments
Arden Hills,
Minnesota
| – | -$19K | -4 | Closed |
|
TZA Hedge Fund Activity: Q2 2020 in Review
31 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bear 3x ETF (TZA) for Q2 2020, worth a combined $22.9M — up 2.5% from $22.3M a quarter earlier.
Buyers outnumbered sellers: 18 funds opened new TZA positions and 7 closed out — a net gain of 11 holders — while 11 added to existing stakes and 1 trimmed.
The largest buyer was Wolverine Trading, adding an estimated $5.35M. The largest seller was Prosight Management, exiting entirely with an estimated $7.42M sold.
- 31 institutional investors held Direxion Daily Small Cap Bear 3x ETF (TZA) as of Q2 2020, up from 20 in Q1 2020.
- Funds reported $22.9M of Direxion Daily Small Cap Bear 3x ETF stock for Q2 2020, up 2.5% quarter-over-quarter.
- 18 funds opened new Direxion Daily Small Cap Bear 3x ETF positions in Q2 2020 and 7 closed out, a net change of +11 holders.
- The largest Direxion Daily Small Cap Bear 3x ETF buyer in Q2 2020 was Wolverine Trading, an estimated $5.35M added.
- The largest Direxion Daily Small Cap Bear 3x ETF seller in Q2 2020 was Prosight Management, an estimated $7.42M sold.
Based on aggregated 13F filings for Q2 2020.