Direxion Daily Technology Bull 3x ETF
TECL
36 hedge funds and large institutions have $31.9M invested in Direxion Daily Technology Bull 3x ETF in 2018 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 3 closing their positions.
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
84% more capital invested
Capital invested by funds: $17.4M → $31.9M (+$14.6M)
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
29% more funds holding
Funds holding: 28 → 36 (+8)
13.15% more ownership
Funds ownership: 27.06% → 40.21% (+13%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
35% less call options, than puts
Call options by funds: $48.9M | Put options by funds: $75.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$2.91M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.88M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.28M |
| 4 |
TSS
Two Sigma Securities
New York
|
+$515K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$502K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$677K |
| 2 |
VEA
Virtus ETF Advisers
New York
|
-$526K |
| 3 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
-$175K |
| 4 |
Jane Street
New York
|
-$113K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$109K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
TC
26
Truvestments Capital
Sarasota,
Florida
| $39K | +$36K | +2,320 | New |
|
|
LTFS
27
Ladenburg Thalmann Financial Services
Miami,
Florida
| $28K | +$155 | +10 | +0.6% |
|
|
TFA
28
Toth Financial Advisory
Leesburg,
Virginia
| $18K | +$6.21K | +400 | +57% |
|
29
Citigroup
New York
| $11K | +$10.1K | +650 | New |
|
|
RIA
30
RPG Investment Advisory
Pleasanton,
California
| $9K | – | – | – |
|
|
MPWT
31
MassMutual Private Wealth & Trust
Windsor,
Connecticut
| $7.86K | – | – | – |
|
32
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $4K | +$3.88K | +250 | New |
|
|
VFA
33
Valeo Financial Advisors
Carmel,
Indiana
| $3K | – | – | – |
|
|
GWM
34
Geneos Wealth Management
Englewood,
Colorado
| $2K | +$2.48K | +160 | New |
|
35
Parallax Volatility Advisers
San Francisco,
California
| $1K | – | – | – |
|
|
CG
36
Cutler Group
San Francisco,
California
| – | -$26K | -2,000 | Closed |
|
|
LF
37
Lee Financial
Dallas,
Texas
| – | -$3K | -200 | Closed |
|
|
AF
38
Advisornet Financial
Minnetonka,
Minnesota
| – | -$1K | -70 | Closed |
|
39
Fidelity Investments
Boston,
Massachusetts
| – | +$155 | +10 | New |
|
TECL Hedge Fund Activity: Q3 2018 in Review
36 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q3 2018, worth a combined $31.9M — up 84% from $17.4M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new TECL positions and 3 closed out — a net gain of 8 holders — while 12 added to existing stakes and 7 trimmed.
The largest buyer was Virtu Financial, adding an estimated $2.91M. The largest seller was Morgan Stanley, cutting an estimated $677K.
- 36 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q3 2018, up from 28 in Q2 2018.
- Funds reported $31.9M of Direxion Daily Technology Bull 3x ETF stock for Q3 2018, up 84% quarter-over-quarter.
- 11 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q3 2018 and 3 closed out, a net change of +8 holders.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q3 2018 was Virtu Financial, an estimated $2.91M added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q3 2018 was Morgan Stanley, an estimated $677K sold.
Based on aggregated 13F filings for Q3 2018.