Direxion Daily Small Cap Bear 3x ETF
TZA
37 hedge funds and large institutions have $21.6M invested in Direxion Daily Small Cap Bear 3x ETF in 2020 Q4 according to their latest regulatory filings, with 15 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 4 closing their positions.
275% more first-time investments, than exits
New positions opened: 15 | Existing positions closed: 4
117% more call options, than puts
Call options by funds: $24.9M | Put options by funds: $11.5M
42% more funds holding
Funds holding: 26 → 37 (+11)
0% less ownership
Funds ownership: 0.07% → 0.07% (-0%)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
26% less capital invested
Capital invested by funds: $29.2M → $21.6M (-$7.58M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
+$8.63M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$4.59M |
| 3 |
VF
Virtu Financial
New York
|
+$1.62M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.39M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.82M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$1.04M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
-$772K |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$641K |
| 5 |
Jane Street
New York
|
-$540K |
TZA Hedge Fund Activity: Q4 2020 in Review
37 of the 5,652 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bear 3x ETF (TZA) for Q4 2020, worth a combined $21.6M — down 26% from $29.2M a quarter earlier.
Buyers outnumbered sellers: 15 funds opened new TZA positions and 4 closed out — a net gain of 11 holders — while 9 added to existing stakes and 10 trimmed.
The largest buyer was IMC Chicago, opening a new position worth an estimated $8.63M. The largest seller was Susquehanna International Group, cutting an estimated $1.82M.
- 37 institutional investors held Direxion Daily Small Cap Bear 3x ETF (TZA) as of Q4 2020, up from 26 in Q3 2020.
- Funds reported $21.6M of Direxion Daily Small Cap Bear 3x ETF stock for Q4 2020, down 26% quarter-over-quarter.
- 15 funds opened new Direxion Daily Small Cap Bear 3x ETF positions in Q4 2020 and 4 closed out, a net change of +11 holders.
- The largest Direxion Daily Small Cap Bear 3x ETF buyer in Q4 2020 was IMC Chicago, an estimated $8.63M added.
- The largest Direxion Daily Small Cap Bear 3x ETF seller in Q4 2020 was Susquehanna International Group, an estimated $1.82M sold.
Based on aggregated 13F filings for Q4 2020.