We are live on ! Find out more
TZA icon

Direxion Daily Small Cap Bear 3x ETF

34 hedge funds and large institutions have $109M invested in Direxion Daily Small Cap Bear 3x ETF in 2014 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 14 increasing their positions, 7 reducing their positions, and 14 closing their positions.

New
Increased
Maintained
Reduced
Closed

257% more call options, than puts

Call options by funds: $108M | Put options by funds: $30.2M

100% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 7

48% more capital invested

Capital invested by funds: $73.9M → $109M (+$35.2M)

0% more funds holding in top 10

Funds holding in top 10: 11 (0)

0% more ownership

Funds ownership: 0.01%0.01% (+0%)

11% less funds holding

Funds holding: 3834 (-4)

29% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 14

Holders
34
Holders Change
-4
Holders Change %
-10.53%
% of All Funds
0.99%
Holding in Top 10
1
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
0.03%
New
10
Increased
14
Reduced
7
Closed
14
Calls
$108M
Puts
$30.2M
Net Calls
+$77.5M
Net Calls Change
+$19.4M
Name Holding Trade Value Shares
Change
Change in
Stake
Two Sigma Investments
1
Two Sigma Investments
New York
$24.1M +$12.1M +497 +127%
CS
2
Credit Suisse
Switzerland
$13.8M -$10.5M -433 -46%
Two Sigma Advisers
3
Two Sigma Advisers
New York
$13.1M +$11.8M +484 New
VF
4
Virtu Financial
New York
$10.6M +$9.52M +392 New
Susquehanna International Group
5
Susquehanna International Group
Pennsylvania
$9.96M +$1.94M +80 +28%
PGCM
6
Prescott Group Capital Management
Oklahoma
$5.08M +$4.57M +188 New
PSC
7
Piper Sandler & Co
Minnesota
$3.61M +$1.26M +52 +64%
BNP Paribas Financial Markets
8
BNP Paribas Financial Markets
France
$3.43M +$291K +12 +10%
TRCT
9
Tower Research Capital (TRC)
New York
$3.14M +$2.7M +111 +2,220%
TH
10
Timber Hill
Connecticut
$2.77M +$534K +22 +28%
Deutsche Bank
11
Deutsche Bank
Germany
$2.73M +$2.45M +101 New
Royal Bank of Canada
12
Royal Bank of Canada
Ontario, Canada
$2.57M +$1.63M +67 +239%
JT
13
Jump Trading
Illinois
$1.8M +$704K +29 +76%
Morgan Stanley
14
Morgan Stanley
New York
$1.7M -$2.06M -85 -57%
AC
15
Altus Capital
Ohio
$1.54M -$656K -27 -32%
ACM
16
Avalon Capital Management
California
$1.05M +$947K +39 New
VKH
17
Virtu KCG Holdings
New York
$1.01M +$899K +37 New
CCM
18
Cadence Capital Management
Massachusetts
$977K +$389K +16 +80%
Millennium Management
19
Millennium Management
New York
$886K -$559K -23 -41%
Jane Street
20
Jane Street
New York
$803K +$559K +23 +329%
QC
21
QCM Cayman
Texas
$777K -$121K -5 -15%
CT
22
CMT Trading
Illinois
$588K +$534K +22 New
Citigroup
23
Citigroup
New York
$552K -$389K -16 -44%
SRC
24
Stone Run Capital
New York
$528K +$24.3K +1 +5%
U
25
UBS
Switzerland
$498K +$316K +13 +260%

TZA Hedge Fund Activity: Q3 2014 in Review

34 of the 3,447 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bear 3x ETF (TZA) for Q3 2014, worth a combined $109M — up 48% from $73.9M a quarter earlier.

Sellers outnumbered buyers: 14 funds closed out of TZA and 10 opened new positions — a net loss of 4 holders — while 7 trimmed existing stakes and 14 added.

The largest buyer was Two Sigma Investments, adding an estimated $12.1M. The largest seller was Empire Capital Management, exiting entirely with an estimated $11.4M sold.

  • 34 institutional investors held Direxion Daily Small Cap Bear 3x ETF (TZA) as of Q3 2014, down from 38 in Q2 2014.
  • Funds reported $109M of Direxion Daily Small Cap Bear 3x ETF stock for Q3 2014, up 48% quarter-over-quarter.
  • 10 funds opened new Direxion Daily Small Cap Bear 3x ETF positions in Q3 2014 and 14 closed out, a net change of -4 holders.
  • The largest Direxion Daily Small Cap Bear 3x ETF buyer in Q3 2014 was Two Sigma Investments, an estimated $12.1M added.
  • The largest Direxion Daily Small Cap Bear 3x ETF seller in Q3 2014 was Empire Capital Management, an estimated $11.4M sold.

Based on aggregated 13F filings for Q3 2014.