Direxion Daily Small Cap Bear 3x ETF
TZA
37 hedge funds and large institutions have $31.2M invested in Direxion Daily Small Cap Bear 3x ETF in 2024 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 5 increasing their positions, 13 reducing their positions, and 13 closing their positions.
196% more call options, than puts
Call options by funds: $37.8M | Put options by funds: $12.7M
8% less first-time investments, than exits
New positions opened: 12 | Existing positions closed: 13
1.17% less ownership
Funds ownership: 2.07% → 0.9% (-1.2%)
5% less funds holding
Funds holding: 39 → 37 (-2)
62% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 13
66% less capital invested
Capital invested by funds: $91.1M → $31.2M (-$60M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$7.27M |
| 2 |
VF
Virtu Financial
New York
|
+$2.43M |
| 3 |
HW
Hamilton Wealth
Encino,
California
|
+$1.6M |
| 4 |
CL
Choreo LLC
Rockford,
Illinois
|
+$1.34M |
| 5 |
GS
GTS Securities
New York
|
+$595K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$26.2M |
| 2 |
Jane Street
New York
|
-$14M |
| 3 |
IMC Chicago
Chicago,
Illinois
|
-$13.6M |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$13.1M |
| 5 |
JF
Jump Financial
Chicago,
Illinois
|
-$4.92M |
TZA Hedge Fund Activity: Q2 2024 in Review
37 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bear 3x ETF (TZA) for Q2 2024, worth a combined $31.2M — down 66% from $91.1M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of TZA and 12 opened new positions — a net loss of 1 holder — while 13 trimmed existing stakes and 5 added.
The largest buyer was HRT Financial, opening a new position worth an estimated $7.27M. The largest seller was Susquehanna International Group, cutting an estimated $26.2M.
- 37 institutional investors held Direxion Daily Small Cap Bear 3x ETF (TZA) as of Q2 2024, down from 39 in Q1 2024.
- Funds reported $31.2M of Direxion Daily Small Cap Bear 3x ETF stock for Q2 2024, down 66% quarter-over-quarter.
- 12 funds opened new Direxion Daily Small Cap Bear 3x ETF positions in Q2 2024 and 13 closed out, a net change of -1 holder.
- The largest Direxion Daily Small Cap Bear 3x ETF buyer in Q2 2024 was HRT Financial, an estimated $7.27M added.
- The largest Direxion Daily Small Cap Bear 3x ETF seller in Q2 2024 was Susquehanna International Group, an estimated $26.2M sold.
Based on aggregated 13F filings for Q2 2024.