Direxion Daily Small Cap Bear 3x ETF
TZA
32 hedge funds and large institutions have $52.7M invested in Direxion Daily Small Cap Bear 3x ETF in 2024 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 7 increasing their positions, 6 reducing their positions, and 15 closing their positions.
528% more call options, than puts
Call options by funds: $42.6M | Put options by funds: $6.79M
17% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 6
0.63% more ownership
Funds ownership: 1.51% → 2.13% (+0.63%)
3% less capital invested
Capital invested by funds: $54.2M → $52.7M (-$1.58M)
16% less funds holding
Funds holding: 38 → 32 (-6)
40% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 15
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$13.4M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$12.2M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$2.84M |
| 4 |
IMC Chicago
Chicago,
Illinois
|
+$2.77M |
| 5 |
JF
Jump Financial
Chicago,
Illinois
|
+$894K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$14.7M |
| 2 |
National Bank of Canada
Montreal,
Quebec, Canada
|
-$5.4M |
| 3 |
Jane Street
New York
|
-$3.4M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
-$3.39M |
| 5 |
GS
GTS Securities
Miami,
Florida
|
-$2.47M |
TZA Hedge Fund Activity: Q4 2024 in Review
32 of the 7,607 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Small Cap Bear 3x ETF (TZA) for Q4 2024, worth a combined $52.7M — down 2.9% from $54.2M a quarter earlier.
Sellers outnumbered buyers: 15 funds closed out of TZA and 9 opened new positions — a net loss of 6 holders — while 6 trimmed existing stakes and 7 added.
The largest buyer was Virtu Financial, adding an estimated $13.4M. The largest seller was HRT Financial, cutting an estimated $14.7M.
- 32 institutional investors held Direxion Daily Small Cap Bear 3x ETF (TZA) as of Q4 2024, down from 38 in Q3 2024.
- Funds reported $52.7M of Direxion Daily Small Cap Bear 3x ETF stock for Q4 2024, down 2.9% quarter-over-quarter.
- 9 funds opened new Direxion Daily Small Cap Bear 3x ETF positions in Q4 2024 and 15 closed out, a net change of -6 holders.
- The largest Direxion Daily Small Cap Bear 3x ETF buyer in Q4 2024 was Virtu Financial, an estimated $13.4M added.
- The largest Direxion Daily Small Cap Bear 3x ETF seller in Q4 2024 was HRT Financial, an estimated $14.7M sold.
Based on aggregated 13F filings for Q4 2024.