Direxion Daily Technology Bull 3x ETF
TECL
23 hedge funds and large institutions have $24.1M invested in Direxion Daily Technology Bull 3x ETF in 2014 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 4 increasing their positions, 10 reducing their positions, and 7 closing their positions.
6% more capital invested
Capital invested by funds: $22.8M → $24.1M (+$1.27M)
8% more call options, than puts
Call options by funds: $141M | Put options by funds: $130M
8% less funds holding
Funds holding: 25 → 23 (-2)
14% less first-time investments, than exits
New positions opened: 6 | Existing positions closed: 7
60% less repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 10
106.29% less ownership
Funds ownership: 724.6% → 618.31% (-106%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$2.69M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.17M |
| 3 |
Jane Street
New York
|
+$830K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$812K |
| 5 |
CPSAC
Chas P. Smith & Associates (CPS)
Lakeland,
Florida
|
+$48K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VCAM
Valentine Capital Asset Management
Danville,
California
|
-$2.75M |
| 2 |
Morgan Stanley
New York
|
-$612K |
| 3 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$526K |
| 4 |
AP
Advisors Preferred
Rockville,
Maryland
|
-$424K |
| 5 |
BHA
Beech Hill Advisors
New York
|
-$399K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Barclays
London,
United Kingdom
| – | -$35K | -14,050 | Closed |
|
|
FIG
27
Fusion Investment Group
Pittsburgh,
Pennsylvania
| – | -$27K | -10,800 | Closed |
|
28
Wells Fargo
San Francisco,
California
| – | -$14.1K | -5,350 | Closed |
|
|
PFG
29
Piershale Financial Group
Barrington,
Illinois
| – | -$3K | -1,250 | Closed |
|
30
Parallax Volatility Advisers
San Francisco,
California
| – | +$131 | +50 | New |
|
TECL Hedge Fund Activity: Q4 2014 in Review
23 of the 3,749 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q4 2014, worth a combined $24.1M — up 5.5% from $22.8M a quarter earlier.
Sellers outnumbered buyers: 7 funds closed out of TECL and 6 opened new positions — a net loss of 1 holder — while 10 trimmed existing stakes and 4 added.
The largest buyer was Virtu Financial, adding an estimated $2.69M. The largest seller was Valentine Capital Asset Management, exiting entirely with an estimated $2.75M sold.
- 23 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q4 2014, down from 25 in Q3 2014.
- Funds reported $24.1M of Direxion Daily Technology Bull 3x ETF stock for Q4 2014, up 5.5% quarter-over-quarter.
- 6 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q4 2014 and 7 closed out, a net change of -1 holder.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q4 2014 was Virtu Financial, an estimated $2.69M added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q4 2014 was Valentine Capital Asset Management, an estimated $2.75M sold.
Based on aggregated 13F filings for Q4 2014.