Direxion Daily Technology Bull 3x ETF
TECL
28 hedge funds and large institutions have $17.4M invested in Direxion Daily Technology Bull 3x ETF in 2018 Q2 according to their latest regulatory filings, with 6 funds opening new positions, 7 increasing their positions, 4 reducing their positions, and 5 closing their positions.
75% more repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 4
52% more capital invested
Capital invested by funds: $11.4M → $17.4M (+$5.93M)
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
7.28% more ownership
Funds ownership: 19.78% → 27.06% (+7.3%)
4% more funds holding
Funds holding: 27 → 28 (+1)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
47% less call options, than puts
Call options by funds: $33.7M | Put options by funds: $63.9M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.56M |
| 2 |
Jane Street
New York
|
+$3.13M |
| 3 |
Morgan Stanley
New York
|
+$616K |
| 4 |
VEA
Virtus ETF Advisers
New York
|
+$572K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
+$293K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
TSS
Two Sigma Securities
New York
|
-$3.23M |
| 2 |
SG Americas Securities
New York
|
-$360K |
| 3 |
WF
WealthTrust Fairport
Cleveland,
Ohio
|
-$295K |
| 4 |
CG
Cutler Group
San Francisco,
California
|
-$133K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$118K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
26
Parallax Volatility Advisers
San Francisco,
California
| $1K | – | – | – |
|
|
AF
27
Advisornet Financial
Minnetonka,
Minnesota
| $1K | +$910 | +70 | New |
|
|
28
SG Americas Securities
New York
| – | -$360K | -31,500 | Closed |
|
|
WF
29
WealthTrust Fairport
Cleveland,
Ohio
| – | -$295K | -25,750 | Closed |
|
|
30
UBS Group
Zurich,
Switzerland
| – | -$118K | -10,330 | Closed |
|
|
AA
31
AlphaMark Advisors
Ft. Wright,
Kentucky
| – | -$16K | -1,410 | Closed |
|
|
SWP
32
Strategic Wealth Partners
Independence,
Ohio
| – | -$14K | -1,200 | Closed |
|
TECL Hedge Fund Activity: Q2 2018 in Review
28 of the 4,368 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q2 2018, worth a combined $17.4M — up 52% from $11.4M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new TECL positions and 5 closed out — a net gain of 1 holder — while 7 added to existing stakes and 4 trimmed.
The largest buyer was Susquehanna International Group, opening a new position worth an estimated $3.56M. The largest seller was Two Sigma Securities, cutting an estimated $3.23M.
- 28 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q2 2018, up from 27 in Q1 2018.
- Funds reported $17.4M of Direxion Daily Technology Bull 3x ETF stock for Q2 2018, up 52% quarter-over-quarter.
- 6 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q2 2018 and 5 closed out, a net change of +1 holder.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q2 2018 was Susquehanna International Group, an estimated $3.56M added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q2 2018 was Two Sigma Securities, an estimated $3.23M sold.
Based on aggregated 13F filings for Q2 2018.