We are live on ! Find out more
TZA icon

Direxion Daily Small Cap Bear 3x ETF
TZA

39 hedge funds and large institutions have $91.1M invested in Direxion Daily Small Cap Bear 3x ETF in 2024 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 14 increasing their positions, 7 reducing their positions, and 9 closing their positions.

New
Increased
Maintained
Reduced
Closed

131% more capital invested

Capital invested by funds: $39.4M → $91.1M (+$51.7M)

100% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 7

97% more call options, than puts

Call options by funds: $58.7M | Put options by funds: $29.8M

56% more first-time investments, than exits

New positions opened: 14 | Existing positions closed: 9

15% more funds holding

Funds holding: 34 → 39 (+5)

0.97% more ownership

Funds ownership: 1.1% → 2.07% (+0.97%)

Holders
39
Holders Change
+5
Holders Change %
+14.71%
% of All Funds
0.56%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
14
Increased
14
Reduced
7
Closed
9
Calls
$58.7M
Puts
$29.8M
Net Calls
+$28.9M
Net Calls Change
+$4.82M

Top Buyers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$20.8M
2
Jane Street
Jane Street
New York
+$15.9M
3
Citadel Advisors
Citadel Advisors
Florida
+$14.1M
4
IMC Chicago
IMC Chicago
Illinois
+$13.9M
5
Squarepoint
Squarepoint
New York
+$4.19M

Top Sellers

Rank Fund Capital Flow
1
GS
GTS Securities
New York
-$3.64M
2
Morgan Stanley
Morgan Stanley
New York
-$1.39M
3
Simplex Trading
Simplex Trading
Illinois
-$1.36M
4
Goldman Sachs
Goldman Sachs
New York
-$1.01M
5
HF
HRT Financial
New York
-$800K
Name Holding Trade Value Shares
Change 		Change in
Stake
OIA
26
Optimum Investment Advisors
Illinois
$40.3K +$48.5K +240 New
UBS Group
27
UBS Group
Switzerland
$37.4K +$11.5K +57 +34%
Bank of America
28
Bank of America
North Carolina
$35.2K +$42.5K +210 New
CSB
29
City State Bank
Iowa
$8K – – –
Qube Research & Technologies (QRT)
30
Qube Research & Technologies (QRT)
United Kingdom
$7.34K – – –
Barclays
31
Barclays
United Kingdom
$3.53K +$4.25K +21 New
MIM
32
Macroview Investment Management
Maryland
$3.36K +$2.02K +10 +100%
Osaic Holdings
33
Osaic Holdings
Arizona
$2.65K +$3.24K +16 New
AF
34
Allworth Financial
California
$917 +$202 +1 +20%
CA
35
CoreCap Advisors
Michigan
$873 +$1.01K +5 New
S
36
SignatureFD
Georgia
$252 -$607K -3,000 -100%
GRP
37
Global Retirement Partners
California
$151 – – –
Wells Fargo
38
Wells Fargo
California
$114 – – –
CA
39
Continuum Advisory
Idaho
$90 +$202 +1 New
FGAM
40
Financial Gravity Asset Management
Texas
$67 – – –
NA
41
NewEdge Advisors
Louisiana
$34 – – –
GS
42
GTS Securities
New York
– -$3.64M -18,000 Closed
Goldman Sachs
43
Goldman Sachs
New York
– -$1.01M -5,067 Closed
HF
44
HRT Financial
New York
– -$800K -4,011 Closed
Wolverine Trading
45
Wolverine Trading
Illinois
– -$237K -1,187 Closed
LAM
46
LifePro Asset Management
California
– -$228K -1,141 Closed
BCM
47
Bourgeon Capital Management
Connecticut
– -$59.9K -300 Closed
AWM
48
Atticus Wealth Management
Florida
– -$24.9K -125 Closed
IPW
49
Impact Partnership Wealth
Georgia
– -$1.78K -9 Closed
LC
50
Lindbrook Capital
California
– -$499 -3 Closed
1
2

TZA Hedge Fund Activity: Q1 2024 in Review

39 of the 6,943 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bear 3x ETF (TZA) for Q1 2024, worth a combined $91.1M — up 131% from $39.4M a quarter earlier.

Buyers outnumbered sellers: 14 funds opened new TZA positions and 9 closed out — a net gain of 5 holders — while 14 added to existing stakes and 7 trimmed.

The largest buyer was Susquehanna International Group, adding an estimated $20.8M. The largest seller was GTS Securities, exiting entirely with an estimated $3.64M sold.

  • 39 institutional investors held Direxion Daily Small Cap Bear 3x ETF (TZA) as of Q1 2024, up from 34 in Q4 2023.
  • Funds reported $91.1M of Direxion Daily Small Cap Bear 3x ETF stock for Q1 2024, up 131% quarter-over-quarter.
  • 14 funds opened new Direxion Daily Small Cap Bear 3x ETF positions in Q1 2024 and 9 closed out, a net change of +5 holders.
  • The largest Direxion Daily Small Cap Bear 3x ETF buyer in Q1 2024 was Susquehanna International Group, an estimated $20.8M added.
  • The largest Direxion Daily Small Cap Bear 3x ETF seller in Q1 2024 was GTS Securities, an estimated $3.64M sold.

Based on aggregated 13F filings for Q1 2024.