Direxion Daily Small Cap Bear 3x ETF
TZA
25 hedge funds and large institutions have $29.3M invested in Direxion Daily Small Cap Bear 3x ETF in 2021 Q1 according to their latest regulatory filings, with 5 funds opening new positions, 13 increasing their positions, 5 reducing their positions, and 17 closing their positions.
246% more call options, than puts
Call options by funds: $94.3M | Put options by funds: $27.2M
160% more repeat investments, than reductions
Existing positions increased: 13 | Existing positions reduced: 5
35% more capital invested
Capital invested by funds: $21.6M → $29.3M (+$7.63M)
0.85% more ownership
Funds ownership: 0.07% → 0.92% (+0.85%)
32% less funds holding
Funds holding: 37 → 25 (-12)
71% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 17
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
+$9.89M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$4.27M |
| 3 |
HF
HRT Financial
New York
|
+$2.08M |
| 4 |
Jane Street
New York
|
+$1.83M |
| 5 |
CCA
Cruiser Capital Advisors
Stamford,
Connecticut
|
+$753K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IMC Chicago
Chicago,
Illinois
|
-$1.64M |
| 2 |
VF
Virtu Financial
New York
|
-$1.34M |
| 3 |
Simplex Trading
Chicago,
Illinois
|
-$385K |
| 4 |
CG
Cutler Group
San Francisco,
California
|
-$163K |
| 5 |
TSS
Two Sigma Securities
New York
|
-$160K |
TZA Hedge Fund Activity: Q1 2021 in Review
25 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bear 3x ETF (TZA) for Q1 2021, worth a combined $29.3M — up 35% from $21.6M a quarter earlier.
Sellers outnumbered buyers: 17 funds closed out of TZA and 5 opened new positions — a net loss of 12 holders — while 5 trimmed existing stakes and 13 added.
The largest buyer was Citadel Advisors, adding an estimated $9.89M. The largest seller was IMC Chicago, cutting an estimated $1.64M.
- 25 institutional investors held Direxion Daily Small Cap Bear 3x ETF (TZA) as of Q1 2021, down from 37 in Q4 2020.
- Funds reported $29.3M of Direxion Daily Small Cap Bear 3x ETF stock for Q1 2021, up 35% quarter-over-quarter.
- 5 funds opened new Direxion Daily Small Cap Bear 3x ETF positions in Q1 2021 and 17 closed out, a net change of -12 holders.
- The largest Direxion Daily Small Cap Bear 3x ETF buyer in Q1 2021 was Citadel Advisors, an estimated $9.89M added.
- The largest Direxion Daily Small Cap Bear 3x ETF seller in Q1 2021 was IMC Chicago, an estimated $1.64M sold.
Based on aggregated 13F filings for Q1 2021.