Direxion Daily Small Cap Bear 3x ETF
TZA
39 hedge funds and large institutions have $91.1M invested in Direxion Daily Small Cap Bear 3x ETF in 2024 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 14 increasing their positions, 7 reducing their positions, and 9 closing their positions.
137% more capital invested
Capital invested by funds: $38.4M → $91.1M (+$52.7M)
100% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 7
97% more call options, than puts
Call options by funds: $58.7M | Put options by funds: $29.8M
56% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 9
28.19% more ownership
Funds ownership: 15.51% → 43.71% (+28%)
15% more funds holding
Funds holding: 34 → 39 (+5)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$20.8M |
| 2 |
Jane Street
New York
|
+$15.9M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$14.1M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
+$13.9M |
| 5 |
Squarepoint
New York
|
+$4.19M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
GS
GTS Securities
Miami,
Florida
|
-$3.64M |
| 2 |
Simplex Trading
Chicago,
Illinois
|
-$1.36M |
| 3 |
Goldman Sachs
New York
|
-$1.01M |
| 4 |
HF
HRT Financial
New York
|
-$800K |
| 5 |
S
SignatureFD
Atlanta,
Georgia
|
-$607K |
TZA Hedge Fund Activity: Q1 2024 in Review
39 of the 6,958 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bear 3x ETF (TZA) for Q1 2024, worth a combined $91.1M — up 137% from $38.4M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new TZA positions and 9 closed out — a net gain of 5 holders — while 14 added to existing stakes and 7 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $20.8M. The largest seller was GTS Securities, exiting entirely with an estimated $3.64M sold.
- 39 institutional investors held Direxion Daily Small Cap Bear 3x ETF (TZA) as of Q1 2024, up from 34 in Q4 2023.
- Funds reported $91.1M of Direxion Daily Small Cap Bear 3x ETF stock for Q1 2024, up 137% quarter-over-quarter.
- 14 funds opened new Direxion Daily Small Cap Bear 3x ETF positions in Q1 2024 and 9 closed out, a net change of +5 holders.
- The largest Direxion Daily Small Cap Bear 3x ETF buyer in Q1 2024 was Susquehanna International Group, an estimated $20.8M added.
- The largest Direxion Daily Small Cap Bear 3x ETF seller in Q1 2024 was GTS Securities, an estimated $3.64M sold.
Based on aggregated 13F filings for Q1 2024.