Direxion Daily Small Cap Bear 3x ETF
TZA
31 hedge funds and large institutions have $35.3M invested in Direxion Daily Small Cap Bear 3x ETF in 2015 Q1 according to their latest regulatory filings, with 10 funds opening new positions, 7 increasing their positions, 12 reducing their positions, and 12 closing their positions.
0% less ownership
Funds ownership: 0% → 0% (-0%)
6% less funds holding
Funds holding: 33 → 31 (-2)
14% less call options, than puts
Call options by funds: $24.8M | Put options by funds: $28.8M
17% less first-time investments, than exits
New positions opened: 10 | Existing positions closed: 12
18% less capital invested
Capital invested by funds: $43.2M → $35.3M (-$7.95M)
42% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 12
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$3.85M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.81M |
| 3 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$2.24M |
| 4 |
PSC
Piper Sandler & Co
Minneapolis,
Minnesota
|
+$1.1M |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$1.03M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Advisers
New York
|
-$4.42M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.46M |
| 3 |
Jane Street
New York
|
-$1.87M |
| 4 |
CT
CMT Trading
Chicago,
Illinois
|
-$1.21M |
| 5 |
Morgan Stanley
New York
|
-$734K |
TZA Hedge Fund Activity: Q1 2015 in Review
31 of the 3,753 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bear 3x ETF (TZA) for Q1 2015, worth a combined $35.3M — down 18% from $43.2M a quarter earlier.
Sellers outnumbered buyers: 12 funds closed out of TZA and 10 opened new positions — a net loss of 2 holders — while 12 trimmed existing stakes and 7 added.
The largest buyer was Virtu Financial, opening a new position worth an estimated $3.85M. The largest seller was Two Sigma Advisers, cutting an estimated $4.42M.
- 31 institutional investors held Direxion Daily Small Cap Bear 3x ETF (TZA) as of Q1 2015, down from 33 in Q4 2014.
- Funds reported $35.3M of Direxion Daily Small Cap Bear 3x ETF stock for Q1 2015, down 18% quarter-over-quarter.
- 10 funds opened new Direxion Daily Small Cap Bear 3x ETF positions in Q1 2015 and 12 closed out, a net change of -2 holders.
- The largest Direxion Daily Small Cap Bear 3x ETF buyer in Q1 2015 was Virtu Financial, an estimated $3.85M added.
- The largest Direxion Daily Small Cap Bear 3x ETF seller in Q1 2015 was Two Sigma Advisers, an estimated $4.42M sold.
Based on aggregated 13F filings for Q1 2015.