Direxion Daily Technology Bull 3x ETF
TECL
27 hedge funds and large institutions have $17.2M invested in Direxion Daily Technology Bull 3x ETF in 2017 Q4 according to their latest regulatory filings, with 9 funds opening new positions, 6 increasing their positions, 4 reducing their positions, and 3 closing their positions.
200% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 3
160% more capital invested
Capital invested by funds: $6.64M → $17.2M (+$10.6M)
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
29% more funds holding
Funds holding: 21 → 27 (+6)
18.02% more ownership
Funds ownership: 15.78% → 33.79% (+18%)
47% less call options, than puts
Call options by funds: $10.3M | Put options by funds: $19.2M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TRCT
Tower Research Capital (TRC)
New York
|
+$3.61M |
| 2 |
VF
Virtu Financial
New York
|
+$2.82M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.81M |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
+$430K |
| 5 |
Morgan Stanley
New York
|
+$406K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wealthspire Advisors (Maryland)
Potomac,
Maryland
|
-$1.11M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$821K |
| 3 |
SG Americas Securities
New York
|
-$394K |
| 4 |
WF
WealthTrust Fairport
Cleveland,
Ohio
|
-$86.6K |
| 5 |
ASN
Advisory Services Network
Atlanta,
Georgia
|
-$72K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
ASN
26
Advisory Services Network
Atlanta,
Georgia
| – | -$72K | -8,000 | Closed |
|
|
SJIM
27
St. Johns Investment Management
Jacksonville,
Florida
| – | -$54K | -6,000 | Closed |
|
28
Simplex Trading
Chicago,
Illinois
| – | -$21K | -1,970 | Closed |
|
TECL Hedge Fund Activity: Q4 2017 in Review
27 of the 4,409 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q4 2017, worth a combined $17.2M — up 160% from $6.64M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TECL positions and 3 closed out — a net gain of 6 holders — while 6 added to existing stakes and 4 trimmed.
The largest buyer was Tower Research Capital (TRC), opening a new position worth an estimated $3.61M. The largest seller was Wealthspire Advisors (Maryland), cutting an estimated $1.11M.
- 27 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q4 2017, up from 21 in Q3 2017.
- Funds reported $17.2M of Direxion Daily Technology Bull 3x ETF stock for Q4 2017, up 160% quarter-over-quarter.
- 9 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q4 2017 and 3 closed out, a net change of +6 holders.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q4 2017 was Tower Research Capital (TRC), an estimated $3.61M added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q4 2017 was Wealthspire Advisors (Maryland), an estimated $1.11M sold.
Based on aggregated 13F filings for Q4 2017.