Direxion Daily Small Cap Bear 3x ETF
TZA
37 hedge funds and large institutions have $37.4M invested in Direxion Daily Small Cap Bear 3x ETF in 2022 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 13 increasing their positions, 8 reducing their positions, and 8 closing their positions.
287% more call options, than puts
Call options by funds: $83.6M | Put options by funds: $21.6M
75% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 8
63% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 8
16% more funds holding
Funds holding: 32 → 37 (+5)
0.82% less ownership
Funds ownership: 1.78% → 0.96% (-0.82%)
39% less capital invested
Capital invested by funds: $61.4M → $37.4M (-$24M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
+$9.02M |
| 2 |
FTUS
Flow Traders U.S.
New York
|
+$3.23M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
+$2.64M |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
+$2.09M |
| 5 |
XS
XR Securities
Chicago,
Illinois
|
+$1.7M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BRF
B. Riley Financial
Los Angeles,
California
|
-$35M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.35M |
| 3 |
AGM
Alpine Global Management
New York
|
-$2.7M |
| 4 |
ST
Smithfield Trust
Pittsburgh,
Pennsylvania
|
-$2.27M |
| 5 |
Citadel Advisors
Miami,
Florida
|
-$1.99M |
TZA Hedge Fund Activity: Q1 2022 in Review
37 of the 6,340 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bear 3x ETF (TZA) for Q1 2022, worth a combined $37.4M — down 39% from $61.4M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new TZA positions and 8 closed out — a net gain of 6 holders — while 13 added to existing stakes and 8 trimmed.
The largest buyer was Deutsche Bank, opening a new position worth an estimated $9.02M. The largest seller was B. Riley Financial, exiting entirely with an estimated $35M sold.
- 37 institutional investors held Direxion Daily Small Cap Bear 3x ETF (TZA) as of Q1 2022, up from 32 in Q4 2021.
- Funds reported $37.4M of Direxion Daily Small Cap Bear 3x ETF stock for Q1 2022, down 39% quarter-over-quarter.
- 14 funds opened new Direxion Daily Small Cap Bear 3x ETF positions in Q1 2022 and 8 closed out, a net change of +6 holders.
- The largest Direxion Daily Small Cap Bear 3x ETF buyer in Q1 2022 was Deutsche Bank, an estimated $9.02M added.
- The largest Direxion Daily Small Cap Bear 3x ETF seller in Q1 2022 was B. Riley Financial, an estimated $35M sold.
Based on aggregated 13F filings for Q1 2022.