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Direxion Daily Small Cap Bear 3x ETF

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.

New
Increased
Maintained
Reduced
Closed

266% more call options, than puts

Call options by funds: $52.8M | Put options by funds: $14.4M

0% less ownership

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

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: 3433 (-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: 10 (-1)

Holders
33
Holders Change
-1
Holders Change %
-2.94%
% of All Funds
0.88%
Holding in Top 10
Holding in Top 10 Change
-1
Holding in Top 10 Change %
-100%
% of All Funds
New
10
Increased
10
Reduced
10
Closed
10
Calls
$52.8M
Puts
$14.4M
Net Calls
+$38.4M
Net Calls Change
-$39.1M
Name Holding Trade Value Shares
Change
Change in
Stake
CS
1
Credit Suisse
Switzerland
$9.8M +$46.2K +2 +0.4%
Two Sigma Advisers
2
Two Sigma Advisers
New York
$7.87M -$1.71M -74 -15%
Susquehanna International Group
3
Susquehanna International Group
Pennsylvania
$3.68M -$4.07M -176 -48%
BNP Paribas Financial Markets
4
BNP Paribas Financial Markets
France
$3.33M +$1.06M +46 +36%
Jane Street
5
Jane Street
New York
$2.76M +$2.64M +114 +380%
PSC
6
Piper Sandler & Co
Minnesota
$2.46M -$116K -5 -4%
CT
7
CMT Trading
Illinois
$1.47M +$1.25M +54 +245%
VKH
8
Virtu KCG Holdings
New York
$1.18M +$555K +24 +65%
QC
9
QCM Cayman
Texas
$932K +$462K +20 +69%
Royal Bank of Canada
10
Royal Bank of Canada
Ontario, Canada
$888K -$1.13M -49 -52%
TH
11
Timber Hill
Connecticut
$882K -$1.29M -56 -55%
AC
12
Altus Capital
Ohio
$825K -$324K -14 -25%
Morgan Stanley
13
Morgan Stanley
New York
$812K -$486K -21 -33%
TRCT
14
Tower Research Capital (TRC)
New York
$758K -$1.78M -77 -66%
Barclays
15
Barclays
United Kingdom
$647K +$347K +15 +79%
Citadel Advisors
16
Citadel Advisors
Florida
$638K +$486K +21 +175%
PCM
17
Potomac Capital Management
New York
$580K +$694K +30 New
SPC
18
Sigma Planning Corp
Michigan
$532K +$647K +28 New
SRC
19
Stone Run Capital
New York
$528K
Deutsche Bank
20
Deutsche Bank
Germany
$481K -$1.76M -76 -75%
ACP
21
Aviance Capital Partners
Florida
$480K +$578K +25 New
Citigroup
22
Citigroup
New York
$432K +$46.2K +2 +10%
Goldman Sachs
23
Goldman Sachs
New York
$362K +$254K +11 +138%
TSS
24
Two Sigma Securities
New York
$260K +$324K +14 New
UBS Group
25
UBS Group
Switzerland
$238K +$277K +12 New

TZA Hedge Fund Activity: Q4 2014 in Review

33 of the 3,751 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.