Direxion Daily Technology Bull 3x ETF
TECL
34 hedge funds and large institutions have $39.6M invested in Direxion Daily Technology Bull 3x ETF in 2019 Q3 according to their latest regulatory filings, with 9 funds opening new positions, 9 increasing their positions, 5 reducing their positions, and 4 closing their positions.
125% more first-time investments, than exits
New positions opened: 9 | Existing positions closed: 4
80% more repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 5
60% more capital invested
Capital invested by funds: $24.7M → $39.6M (+$14.8M)
19.56% more ownership
Funds ownership: 33.38% → 52.94% (+20%)
17% more funds holding
Funds holding: 29 → 34 (+5)
16% more call options, than puts
Call options by funds: $50.3M | Put options by funds: $43.4M
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$6.97M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.57M |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$2.12M |
| 4 |
VF
Virtu Financial
New York
|
+$1.95M |
| 5 |
SS
Sunbelt Securities
Houston,
Texas
|
+$1.16M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$2.19M |
| 2 |
Envestnet Asset Management
Chicago,
Illinois
|
-$601K |
| 3 |
Barclays
London,
United Kingdom
|
-$594K |
| 4 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
-$282K |
| 5 |
Janney Montgomery Scott
Philadelphia,
Pennsylvania
|
-$166K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
LTFS
26
Ladenburg Thalmann Financial Services
Miami,
Florida
| $28K | – | – | – |
|
27
Citigroup
New York
| $13K | – | – | – |
|
28
Bank of America
Charlotte,
North Carolina
| $13K | +$13.3K | +800 | New |
|
|
KFS
29
Kelly Financial Services
Braintree,
Massachusetts
| $12.3K | – | – | – |
|
|
EW
30
Evoke Wealth
Los Angeles,
California
| $10.8K | +$10.8K | +650 | New |
|
|
RIA
31
RPG Investment Advisory
Pleasanton,
California
| $9K | – | – | – |
|
|
PA
32
Parallel Advisors
San Francisco,
California
| $6K | +$5.83K | +350 | New |
|
33
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| $4K | – | – | – |
|
|
34
Envestnet Asset Management
Chicago,
Illinois
| – | -$601K | -37,870 | Closed |
|
|
AFP
35
Ausdal Financial Partners
Davenport,
Iowa
| – | -$282K | -15,510 | Closed |
|
|
VFA
36
Valeo Financial Advisors
Carmel,
Indiana
| – | -$3K | -210 | Closed |
|
37
Parallax Volatility Advisers
San Francisco,
California
| – | -$1K | -40 | Closed |
|
TECL Hedge Fund Activity: Q3 2019 in Review
34 of the 4,560 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q3 2019, worth a combined $39.6M — up 60% from $24.7M a quarter earlier.
Buyers outnumbered sellers: 9 funds opened new TECL positions and 4 closed out — a net gain of 5 holders — while 9 added to existing stakes and 5 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $6.97M. The largest seller was Jane Street, cutting an estimated $2.19M.
- 34 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q3 2019, up from 29 in Q2 2019.
- Funds reported $39.6M of Direxion Daily Technology Bull 3x ETF stock for Q3 2019, up 60% quarter-over-quarter.
- 9 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q3 2019 and 4 closed out, a net change of +5 holders.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q3 2019 was Susquehanna International Group, an estimated $6.97M added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q3 2019 was Jane Street, an estimated $2.19M sold.
Based on aggregated 13F filings for Q3 2019.