Direxion Daily Small Cap Bear 3x ETF
TZA
28 hedge funds and large institutions have $39.9M invested in Direxion Daily Small Cap Bear 3x ETF in 2017 Q2 according to their latest regulatory filings, with 7 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 6 closing their positions.
125% more call options, than puts
Call options by funds: $80.2M | Put options by funds: $35.6M
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
44% more capital invested
Capital invested by funds: $27.7M → $39.9M (+$12.2M)
17% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 6
0% more funds holding
Funds holding: 28 → 28 (0)
0% more ownership
Funds ownership: 0.01% → 0.01% (+0%)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$7.67M |
| 2 |
Two Sigma Advisers
New York
|
+$4.6M |
| 3 |
Two Sigma Investments
New York
|
+$3.97M |
| 4 |
WAM
Wolverine Asset Management
Chicago,
Illinois
|
+$3.08M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
+$2.12M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.42M |
| 2 |
CCM
Cadence Capital Management
Boston,
Massachusetts
|
-$1.2M |
| 3 |
Morgan Stanley
New York
|
-$798K |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
-$672K |
| 5 |
TRCT
Tower Research Capital (TRC)
New York
|
-$385K |
TZA Hedge Fund Activity: Q2 2017 in Review
28 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bear 3x ETF (TZA) for Q2 2017, worth a combined $39.9M — up 44% from $27.7M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new TZA positions and 6 closed out — a net gain of 1 holder — while 9 added to existing stakes and 5 trimmed.
The largest buyer was Virtu Financial, opening a new position worth an estimated $7.67M. The largest seller was Susquehanna International Group, cutting an estimated $5.42M.
- 28 institutional investors held Direxion Daily Small Cap Bear 3x ETF (TZA) as of Q2 2017, unchanged from Q1 2017.
- Funds reported $39.9M of Direxion Daily Small Cap Bear 3x ETF stock for Q2 2017, up 44% quarter-over-quarter.
- 7 funds opened new Direxion Daily Small Cap Bear 3x ETF positions in Q2 2017 and 6 closed out, a net change of +1 holder.
- The largest Direxion Daily Small Cap Bear 3x ETF buyer in Q2 2017 was Virtu Financial, an estimated $7.67M added.
- The largest Direxion Daily Small Cap Bear 3x ETF seller in Q2 2017 was Susquehanna International Group, an estimated $5.42M sold.
Based on aggregated 13F filings for Q2 2017.