Direxion Daily Small Cap Bear 3x ETF
TZA
31 hedge funds and large institutions have $35.6M invested in Direxion Daily Small Cap Bear 3x ETF in 2016 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 7 increasing their positions, 10 reducing their positions, and 4 closing their positions.
100% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 4
11% more funds holding
Funds holding: 28 → 31 (+3)
2% more capital invested
Capital invested by funds: $34.9M → $35.6M (+$720K)
0% more ownership
Funds ownership: 0.02% → 0.02% (+0%)
12% less call options, than puts
Call options by funds: $100M | Put options by funds: $114M
30% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Two Sigma Investments
New York
|
+$9.03M |
| 2 |
EAM
Eagle Asset Management
St Petersburg,
Florida
|
+$3.4M |
| 3 |
DS
DRW Securities
Chicago,
Illinois
|
+$2.9M |
| 4 |
CHAM
Clear Harbor Asset Management
Stamford,
Connecticut
|
+$2.88M |
| 5 |
Bank of America
Charlotte,
North Carolina
|
+$1.98M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$4.93M |
| 2 |
BNP Paribas Financial Markets
Paris,
France
|
-$4.44M |
| 3 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
-$1.48M |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$935K |
| 5 |
Goldman Sachs
New York
|
-$911K |
TZA Hedge Fund Activity: Q3 2016 in Review
31 of the 3,759 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bear 3x ETF (TZA) for Q3 2016, worth a combined $35.6M — up 2.1% from $34.9M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new TZA positions and 4 closed out — a net gain of 4 holders — while 7 added to existing stakes and 10 trimmed.
The largest buyer was Two Sigma Investments, adding an estimated $9.03M. The largest seller was Timber Hill, cutting an estimated $4.93M.
- 31 institutional investors held Direxion Daily Small Cap Bear 3x ETF (TZA) as of Q3 2016, up from 28 in Q2 2016.
- Funds reported $35.6M of Direxion Daily Small Cap Bear 3x ETF stock for Q3 2016, up 2.1% quarter-over-quarter.
- 8 funds opened new Direxion Daily Small Cap Bear 3x ETF positions in Q3 2016 and 4 closed out, a net change of +4 holders.
- The largest Direxion Daily Small Cap Bear 3x ETF buyer in Q3 2016 was Two Sigma Investments, an estimated $9.03M added.
- The largest Direxion Daily Small Cap Bear 3x ETF seller in Q3 2016 was Timber Hill, an estimated $4.93M sold.
Based on aggregated 13F filings for Q3 2016.