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Direxion Daily Small Cap Bear 3x ETF

23 hedge funds and large institutions have $15.8M invested in Direxion Daily Small Cap Bear 3x ETF in 2018 Q3 according to their latest regulatory filings, with 8 funds opening new positions, 3 increasing their positions, 8 reducing their positions, and 5 closing their positions.

New
Increased
Maintained
Reduced
Closed

384% more call options, than puts

Call options by funds: $34.4M | Put options by funds: $7.11M

60% more first-time investments, than exits

New positions opened: 8 | Existing positions closed: 5

15% more funds holding

Funds holding: 2023 (+3)

0.01% less ownership

Funds ownership: 0.03%0.01% (-0.01%)

62% less capital invested

Capital invested by funds: $41.6M → $15.8M (-$25.8M)

63% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 8

Holders
23
Holders Change
+3
Holders Change %
+15%
% of All Funds
0.53%
Holding in Top 10
Holding in Top 10 Change
Holding in Top 10 Change %
% of All Funds
New
8
Increased
3
Reduced
8
Closed
5
Calls
$34.4M
Puts
$7.11M
Net Calls
+$27.3M
Net Calls Change
+$7.65M
Name Holding Trade Value Shares
Change
Change in
Stake
Citadel Advisors
1
Citadel Advisors
Florida
$2.87M -$6.14M -1,815 -68%
VF
2
Virtu Financial
New York
$2.28M +$240K +71 +12%
TRCT
3
Tower Research Capital (TRC)
New York
$1.78M -$1.76M -519 -49%
Susquehanna International Group
4
Susquehanna International Group
Pennsylvania
$1.58M -$11.8M -3,501 -88%
TSS
5
Two Sigma Securities
New York
$1.52M +$971K +287 +174%
Jane Street
6
Jane Street
New York
$955K +$961K +284 New
Royal Bank of Canada
7
Royal Bank of Canada
Ontario, Canada
$759K +$761K +225 +22,500%
1CM
8
1492 Capital Management
Wisconsin
$719K -$30.4K -9 -4%
Morgan Stanley
9
Morgan Stanley
New York
$615K +$619K +183 New
FTUS
10
Flow Traders U.S.
New York
$581K -$3.01M -890 -84%
SG Americas Securities
11
SG Americas Securities
New York
$420K +$423K +125 New
FCI
12
Financial Counselors Inc
Kansas
$397K
DS
13
DRW Securities
Illinois
$373K +$375K +111 New
TMC
14
Trellus Management Company
Florida
$194K +$196K +58 New
Renaissance Technologies
15
Renaissance Technologies
New York
$164K +$166K +49 New
WJA
16
Williams Jones & Associates
New York
$142K
IP
17
Intellectus Partners
California
$135K
CHAM
18
Clear Harbor Asset Management
Connecticut
$122K -$27.1K -8 -24%
FDCDDQ
19
Federation des caisses Desjardins du Quebec
Quebec, Canada
$84.1K -$50.7K -15 -38%
Barclays
20
Barclays
United Kingdom
$60K +$60.9K +18 New
LFA
21
Legacy Financial Advisors
Kentucky
$34K
FANJ
22
Financial Architects (New Jersey)
New Jersey
$8K -$3.38K -1 -25%
Bank of America
23
Bank of America
North Carolina
$2K +$3.38K +1 New
Two Sigma Advisers
24
Two Sigma Advisers
New York
-$1.79M -478 Closed
Bank of Montreal
25
Bank of Montreal
Ontario, Canada
-$937K -250 Closed

TZA Hedge Fund Activity: Q3 2018 in Review

23 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bear 3x ETF (TZA) for Q3 2018, worth a combined $15.8M — down 62% from $41.6M a quarter earlier.

Buyers outnumbered sellers: 8 funds opened new TZA positions and 5 closed out — a net gain of 3 holders — while 3 added to existing stakes and 8 trimmed.

The largest buyer was Two Sigma Securities, adding an estimated $971K. The largest seller was Susquehanna International Group, cutting an estimated $11.8M.

  • 23 institutional investors held Direxion Daily Small Cap Bear 3x ETF (TZA) as of Q3 2018, up from 20 in Q2 2018.
  • Funds reported $15.8M of Direxion Daily Small Cap Bear 3x ETF stock for Q3 2018, down 62% quarter-over-quarter.
  • 8 funds opened new Direxion Daily Small Cap Bear 3x ETF positions in Q3 2018 and 5 closed out, a net change of +3 holders.
  • The largest Direxion Daily Small Cap Bear 3x ETF buyer in Q3 2018 was Two Sigma Securities, an estimated $971K added.
  • The largest Direxion Daily Small Cap Bear 3x ETF seller in Q3 2018 was Susquehanna International Group, an estimated $11.8M sold.

Based on aggregated 13F filings for Q3 2018.