Direxion Daily Technology Bull 3x ETF
TECL
27 hedge funds and large institutions have $11.4M invested in Direxion Daily Technology Bull 3x ETF in 2018 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 3 increasing their positions, 4 reducing their positions, and 7 closing their positions.
17% more call options, than puts
Call options by funds: $37.8M | Put options by funds: $32.3M
0% more funds holding
Funds holding: 27 → 27 (0)
0% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 7
14.02% less ownership
Funds ownership: 33.79% → 19.78% (-14%)
25% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 4
34% less capital invested
Capital invested by funds: $17.2M → $11.4M (-$5.82M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TSS
Two Sigma Securities
New York
|
+$3.73M |
| 2 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
+$2.35M |
| 3 |
Creative Planning
Overland Park,
Kansas
|
+$1.34M |
| 4 |
Wolverine Trading
Chicago,
Illinois
|
+$506K |
| 5 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
+$272K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$5.31M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$3.8M |
| 3 |
VF
Virtu Financial
New York
|
-$3.37M |
| 4 |
Morgan Stanley
New York
|
-$514K |
| 5 |
Barclays
London,
United Kingdom
|
-$456K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
26
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
| – | -$5.31M | -416,840 | Closed |
|
|
TRCT
27
Tower Research Capital (TRC)
New York
| – | -$3.8M | -339,010 | Closed |
|
|
28
Barclays
London,
United Kingdom
| – | -$456K | -35,790 | Closed |
|
|
BFG
29
Bouchey Financial Group
Troy,
New York
| – | -$359K | -32,000 | Closed |
|
|
AFP
30
Ausdal Financial Partners
Davenport,
Iowa
| – | -$294K | -26,170 | Closed |
|
31
Citadel Advisors
Miami,
Florida
| – | -$259K | -20,280 | Closed |
|
|
SPI
32
Santori & Peters Inc
Canonsburg,
Pennsylvania
| – | -$42K | -3,940 | Closed |
|
TECL Hedge Fund Activity: Q1 2018 in Review
27 of the 4,363 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q1 2018, worth a combined $11.4M — down 34% from $17.2M a quarter earlier.
Fund positioning in TECL was balanced in Q1 2018: 7 funds opened new positions, 7 closed out, 3 added to existing stakes and 4 trimmed.
The largest buyer was Two Sigma Securities, opening a new position worth an estimated $3.73M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $5.31M sold.
- 27 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q1 2018, unchanged from Q4 2017.
- Funds reported $11.4M of Direxion Daily Technology Bull 3x ETF stock for Q1 2018, down 34% quarter-over-quarter.
- 7 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q1 2018 and 7 closed out, a net change of 0 holders.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q1 2018 was Two Sigma Securities, an estimated $3.73M added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q1 2018 was Susquehanna International Group, an estimated $5.31M sold.
Based on aggregated 13F filings for Q1 2018.