Direxion Daily Small Cap Bear 3x ETF
TZA
20 hedge funds and large institutions have $22.3M invested in Direxion Daily Small Cap Bear 3x ETF in 2020 Q1 according to their latest regulatory filings, with 11 funds opening new positions, 2 increasing their positions, 7 reducing their positions, and 11 closing their positions.
70% more call options, than puts
Call options by funds: $49.5M | Put options by funds: $29M
0% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 11
0.02% less ownership
Funds ownership: 0.1% → 0.08% (-0.02%)
8% less capital invested
Capital invested by funds: $24.2M → $22.3M (-$1.82M)
9% less funds holding
Funds holding: 22 → 20 (-2)
71% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PM
Prosight Management
Dallas,
Texas
|
+$6.06M |
| 2 |
Jane Street
New York
|
+$2.33M |
| 3 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
+$2.26M |
| 4 |
Renaissance Technologies
New York
|
+$818K |
| 5 |
JC
Jacobs & Co
San Francisco,
California
|
+$605K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$6.91M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$6.6M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$2.46M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$1.54M |
| 5 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$1.03M |
TZA Hedge Fund Activity: Q1 2020 in Review
20 of the 4,547 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bear 3x ETF (TZA) for Q1 2020, worth a combined $22.3M — down 7.5% from $24.2M a quarter earlier.
Fund positioning in TZA was balanced in Q1 2020: 11 funds opened new positions, 11 closed out, 2 added to existing stakes and 7 trimmed.
The largest buyer was Prosight Management, opening a new position worth an estimated $6.06M. The largest seller was Morgan Stanley, cutting an estimated $6.91M.
- 20 institutional investors held Direxion Daily Small Cap Bear 3x ETF (TZA) as of Q1 2020, down from 22 in Q4 2019.
- Funds reported $22.3M of Direxion Daily Small Cap Bear 3x ETF stock for Q1 2020, down 7.5% quarter-over-quarter.
- 11 funds opened new Direxion Daily Small Cap Bear 3x ETF positions in Q1 2020 and 11 closed out, a net change of 0 holders.
- The largest Direxion Daily Small Cap Bear 3x ETF buyer in Q1 2020 was Prosight Management, an estimated $6.06M added.
- The largest Direxion Daily Small Cap Bear 3x ETF seller in Q1 2020 was Morgan Stanley, an estimated $6.91M sold.
Based on aggregated 13F filings for Q1 2020.