Direxion Daily Small Cap Bear 3x ETF
TZA
37 hedge funds and large institutions have $44.6M invested in Direxion Daily Small Cap Bear 3x ETF in 2023 Q1 according to their latest regulatory filings, with 21 funds opening new positions, 8 increasing their positions, 2 reducing their positions, and 9 closing their positions.
300% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 2
133% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 9
71% more call options, than puts
Call options by funds: $48.3M | Put options by funds: $28.3M
37% more funds holding
Funds holding: 27 → 37 (+10)
25% more capital invested
Capital invested by funds: $35.7M → $44.6M (+$8.89M)
0.16% more ownership
Funds ownership: 0.92% → 1.08% (+0.16%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JF
Jump Financial
Chicago,
Illinois
|
+$7.99M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$4.51M |
| 3 |
EF
Empowered Funds
Havertown,
Pennsylvania
|
+$2.82M |
| 4 |
Jane Street
New York
|
+$2.28M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.22M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$13.9M |
| 2 |
IMC Chicago
Chicago,
Illinois
|
-$3.58M |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
-$855K |
| 4 |
DWM
Drive Wealth Management
Lehi,
Utah
|
-$684K |
| 5 |
HF
HRT Financial
New York
|
-$493K |
TZA Hedge Fund Activity: Q1 2023 in Review
37 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bear 3x ETF (TZA) for Q1 2023, worth a combined $44.6M — up 25% from $35.7M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new TZA positions and 9 closed out — a net gain of 12 holders — while 8 added to existing stakes and 2 trimmed.
The largest buyer was Jump Financial, opening a new position worth an estimated $7.99M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $13.9M sold.
- 37 institutional investors held Direxion Daily Small Cap Bear 3x ETF (TZA) as of Q1 2023, up from 27 in Q4 2022.
- Funds reported $44.6M of Direxion Daily Small Cap Bear 3x ETF stock for Q1 2023, up 25% quarter-over-quarter.
- 21 funds opened new Direxion Daily Small Cap Bear 3x ETF positions in Q1 2023 and 9 closed out, a net change of +12 holders.
- The largest Direxion Daily Small Cap Bear 3x ETF buyer in Q1 2023 was Jump Financial, an estimated $7.99M added.
- The largest Direxion Daily Small Cap Bear 3x ETF seller in Q1 2023 was Susquehanna International Group, an estimated $13.9M sold.
Based on aggregated 13F filings for Q1 2023.