Direxion Daily Small Cap Bear 3x ETF
TZA
33 hedge funds and large institutions have $43.2M invested in Direxion Daily Small Cap Bear 3x ETF in 2014 Q4 according to their latest regulatory filings, with 10 funds opening new positions, 10 increasing their positions, 10 reducing their positions, and 10 closing their positions.
266% more call options, than puts
Call options by funds: $52.8M | Put options by funds: $14.4M
0% more first-time investments, than exits
New positions opened: 10 | Existing positions closed: 10
0% more repeat investments, than reductions
Existing positions increased: 10 | Existing positions reduced: 10
3% less funds holding
Funds holding: 34 → 33 (-1)
60% less capital invested
Capital invested by funds: $109M → $43.2M (-$65.8M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$2.64M |
| 2 |
CT
CMT Trading
Chicago,
Illinois
|
+$1.25M |
| 3 |
BNP Paribas Financial Markets
Paris,
France
|
+$1.06M |
| 4 |
PCM
Potomac Capital Management
New York
|
+$694K |
| 5 |
ACP
Aviance Capital Partners
Naples,
Florida
|
+$578K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
-$24.1M |
| 2 |
VF
Virtu Financial
New York
|
-$10.6M |
| 3 |
PGCM
Prescott Group Capital Management
Tulsa,
Oklahoma
|
-$5.08M |
| 4 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$4.07M |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$1.78M |
TZA Hedge Fund Activity: Q4 2014 in Review
33 of the 3,765 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bear 3x ETF (TZA) for Q4 2014, worth a combined $43.2M — down 60% from $109M a quarter earlier.
Fund positioning in TZA was balanced in Q4 2014: 10 funds opened new positions, 10 closed out, 10 added to existing stakes and 10 trimmed.
The largest buyer was Jane Street, adding an estimated $2.64M. The largest seller was Two Sigma Investments, exiting entirely with an estimated $24.1M sold.
- 33 institutional investors held Direxion Daily Small Cap Bear 3x ETF (TZA) as of Q4 2014, down from 34 in Q3 2014.
- Funds reported $43.2M of Direxion Daily Small Cap Bear 3x ETF stock for Q4 2014, down 60% quarter-over-quarter.
- 10 funds opened new Direxion Daily Small Cap Bear 3x ETF positions in Q4 2014 and 10 closed out, a net change of 0 holders.
- The largest Direxion Daily Small Cap Bear 3x ETF buyer in Q4 2014 was Jane Street, an estimated $2.64M added.
- The largest Direxion Daily Small Cap Bear 3x ETF seller in Q4 2014 was Two Sigma Investments, an estimated $24.1M sold.
Based on aggregated 13F filings for Q4 2014.