Direxion Daily Small Cap Bear 3x ETF
TZA
31 hedge funds and large institutions have $20.8M invested in Direxion Daily Small Cap Bear 3x ETF in 2021 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 9 increasing their positions, 6 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
268% more call options, than puts
Call options by funds: $74M | Put options by funds: $20.1M
50% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 6
24% more funds holding
Funds holding: 25 → 31 (+6)
0.33% less ownership
Funds ownership: 0.92% → 0.58% (-0.33%)
29% less capital invested
Capital invested by funds: $29.3M → $20.8M (-$8.45M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ST
Smithfield Trust
Pittsburgh,
Pennsylvania
|
+$2.25M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$1.57M |
| 3 |
FTUS
Flow Traders U.S.
New York
|
+$1.12M |
| 4 |
TSS
Two Sigma Securities
New York
|
+$901K |
| 5 |
Simplex Trading
Chicago,
Illinois
|
+$711K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$5.76M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.24M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
-$1.98M |
| 4 |
HF
HRT Financial
New York
|
-$1.66M |
| 5 |
Jane Street
New York
|
-$1.18M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Bank of America
Charlotte,
North Carolina
| $40K | +$44.3K | +141 | New |
|
|
OIA
27
Optimum Investment Advisors
Chicago,
Illinois
| $29K | +$15.7K | +50 | +100% |
|
|
FDCDDQ
28
Federation des caisses Desjardins du Quebec
Levis,
Quebec, Canada
| $7.17K | – | – | – |
|
|
S
29
SignatureFD
Atlanta,
Georgia
| $5K | – | – | – |
|
|
SIAP
30
Sterling Investment Advisors (Pennsylvania)
Berwyn,
Pennsylvania
| $5K | – | – | – |
|
|
MIM
31
Macroview Investment Management
Bethesda,
Maryland
| $1K | – | – | – |
|
|
32
IMC Chicago
Chicago,
Illinois
| – | -$1.98M | -5,829 | Closed |
|
33
Wolverine Trading
Chicago,
Illinois
| – | -$371K | -1,045 | Closed |
|
TZA Hedge Fund Activity: Q2 2021 in Review
31 of the 5,745 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bear 3x ETF (TZA) for Q2 2021, worth a combined $20.8M — down 29% from $29.3M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new TZA positions and 2 closed out — a net gain of 6 holders — while 9 added to existing stakes and 6 trimmed.
The largest buyer was Smithfield Trust, opening a new position worth an estimated $2.25M. The largest seller was Citadel Advisors, cutting an estimated $5.76M.
- 31 institutional investors held Direxion Daily Small Cap Bear 3x ETF (TZA) as of Q2 2021, up from 25 in Q1 2021.
- Funds reported $20.8M of Direxion Daily Small Cap Bear 3x ETF stock for Q2 2021, down 29% quarter-over-quarter.
- 8 funds opened new Direxion Daily Small Cap Bear 3x ETF positions in Q2 2021 and 2 closed out, a net change of +6 holders.
- The largest Direxion Daily Small Cap Bear 3x ETF buyer in Q2 2021 was Smithfield Trust, an estimated $2.25M added.
- The largest Direxion Daily Small Cap Bear 3x ETF seller in Q2 2021 was Citadel Advisors, an estimated $5.76M sold.
Based on aggregated 13F filings for Q2 2021.