Direxion Daily Technology Bull 3x ETF
TECL
25 hedge funds and large institutions have $22.8M invested in Direxion Daily Technology Bull 3x ETF in 2014 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 6 increasing their positions, 7 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
74.5% more ownership
Funds ownership: 650.1% → 724.6% (+75%)
30% more capital invested
Capital invested by funds: $17.5M → $22.8M (+$5.3M)
14% more funds holding
Funds holding: 22 → 25 (+3)
11% less call options, than puts
Call options by funds: $131M | Put options by funds: $148M
14% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
AP
Advisors Preferred
Rockville,
Maryland
|
+$3.14M |
| 2 |
Morgan Stanley
New York
|
+$584K |
| 3 |
BPCE
Bank Pictet & Cie (Europe)
Frankfurt Am Main,
Germany
|
+$566K |
| 4 |
VF
Virtu Financial
New York
|
+$457K |
| 5 |
CPSAC
Chas P. Smith & Associates (CPS)
Lakeland,
Florida
|
+$400K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$1.3M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$783K |
| 3 |
ICM
Ionic Capital Management
New York
|
-$472K |
| 4 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$236K |
| 5 |
VCAM
Valentine Capital Asset Management
Danville,
California
|
-$147K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Jane Street
New York
| – | -$1.3M | -527,200 | Closed |
|
|
ICM
27
Ionic Capital Management
New York
| – | -$472K | -210,000 | Closed |
|
|
TH
28
Timber Hill
Greenwich,
Connecticut
| – | -$236K | -95,750 | Closed |
|
|
TRCT
29
Tower Research Capital (TRC)
New York
| – | -$79K | -35,300 | Closed |
|
TECL Hedge Fund Activity: Q3 2014 in Review
25 of the 3,446 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q3 2014, worth a combined $22.8M — up 30% from $17.5M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new TECL positions and 4 closed out — a net gain of 3 holders — while 6 added to existing stakes and 7 trimmed.
The largest buyer was Advisors Preferred, opening a new position worth an estimated $3.14M. The largest seller was Jane Street, exiting entirely with an estimated $1.3M sold.
- 25 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q3 2014, up from 22 in Q2 2014.
- Funds reported $22.8M of Direxion Daily Technology Bull 3x ETF stock for Q3 2014, up 30% quarter-over-quarter.
- 7 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q3 2014 and 4 closed out, a net change of +3 holders.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q3 2014 was Advisors Preferred, an estimated $3.14M added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q3 2014 was Jane Street, an estimated $1.3M sold.
Based on aggregated 13F filings for Q3 2014.