Direxion Daily Small Cap Bear 3x ETF
TZA
26 hedge funds and large institutions have $29.2M invested in Direxion Daily Small Cap Bear 3x ETF in 2020 Q3 according to their latest regulatory filings, with 6 funds opening new positions, 10 increasing their positions, 3 reducing their positions, and 11 closing their positions.
233% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 3
40% more call options, than puts
Call options by funds: $64.7M | Put options by funds: $46.2M
28% more capital invested
Capital invested by funds: $22.9M → $29.2M (+$6.32M)
0.02% more ownership
Funds ownership: 0.05% → 0.07% (+0.02%)
16% less funds holding
Funds holding: 31 → 26 (-5)
45% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$5.77M |
| 2 |
VF
Virtu Financial
New York
|
+$5.01M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.49M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.03M |
| 5 |
Morgan Stanley
New York
|
+$859K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Wolverine Trading
Chicago,
Illinois
|
-$2.95M |
| 2 |
ST
Smithfield Trust
Pittsburgh,
Pennsylvania
|
-$1.93M |
| 3 |
DS
DRW Securities
Chicago,
Illinois
|
-$1.66M |
| 4 |
WP
WealthShield Partners
Cary,
North Carolina
|
-$1.01M |
| 5 |
MA
MYDA Advisors
Woodmere,
New York
|
-$424K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
MIM
26
Macroview Investment Management
Bethesda,
Maryland
| $3K | – | – | – |
|
|
27
Wolverine Trading
Chicago,
Illinois
| – | -$2.95M | -2,075 | Closed |
|
|
ST
28
Smithfield Trust
Pittsburgh,
Pennsylvania
| – | -$1.93M | -1,136 | Closed |
|
|
DS
29
DRW Securities
Chicago,
Illinois
| – | -$1.66M | -977 | Closed |
|
|
WP
30
WealthShield Partners
Cary,
North Carolina
| – | -$1.01M | -599 | Closed |
|
|
MA
31
MYDA Advisors
Woodmere,
New York
| – | -$424K | -250 | Closed |
|
|
CCA
32
Cruiser Capital Advisors
Stamford,
Connecticut
| – | -$245K | -145 | Closed |
|
|
GP
33
Girard Partners
King Of Prussia,
Pennsylvania
| – | -$223K | -132 | Closed |
|
|
PCP
34
Proficio Capital Partners
Newton,
Massachusetts
| – | -$223K | -131 | Closed |
|
35
SG Americas Securities
New York
| – | -$151K | -89 | Closed |
|
|
TRCT
36
Tower Research Capital (TRC)
New York
| – | -$136K | -80 | Closed |
|
|
AWM
37
AllSquare Wealth Management
Albany,
New York
| – | -$7K | -4 | Closed |
|
TZA Hedge Fund Activity: Q3 2020 in Review
26 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bear 3x ETF (TZA) for Q3 2020, worth a combined $29.2M — up 28% from $22.9M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of TZA and 6 opened new positions — a net loss of 5 holders — while 3 trimmed existing stakes and 10 added.
The largest buyer was Citadel Advisors, adding an estimated $5.77M. The largest seller was Wolverine Trading, exiting entirely with an estimated $2.95M sold.
- 26 institutional investors held Direxion Daily Small Cap Bear 3x ETF (TZA) as of Q3 2020, down from 31 in Q2 2020.
- Funds reported $29.2M of Direxion Daily Small Cap Bear 3x ETF stock for Q3 2020, up 28% quarter-over-quarter.
- 6 funds opened new Direxion Daily Small Cap Bear 3x ETF positions in Q3 2020 and 11 closed out, a net change of -5 holders.
- The largest Direxion Daily Small Cap Bear 3x ETF buyer in Q3 2020 was Citadel Advisors, an estimated $5.77M added.
- The largest Direxion Daily Small Cap Bear 3x ETF seller in Q3 2020 was Wolverine Trading, an estimated $2.95M sold.
Based on aggregated 13F filings for Q3 2020.