Direxion Daily Technology Bull 3x ETF
TECL
31 hedge funds and large institutions have $19.1M invested in Direxion Daily Technology Bull 3x ETF in 2020 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 7 increasing their positions, 9 reducing their positions, and 14 closing their positions.
68% more call options, than puts
Call options by funds: $106M | Put options by funds: $62.8M
7% less first-time investments, than exits
New positions opened: 13 | Existing positions closed: 14
9% less funds holding
Funds holding: 34 → 31 (-3)
22% less repeat investments, than reductions
Existing positions increased: 7 | Existing positions reduced: 9
23.36% less ownership
Funds ownership: 51.76% → 28.4% (-23%)
65% less capital invested
Capital invested by funds: $55.1M → $19.1M (-$36M)
100% less funds holding in top 10
Funds holding in top 10: 2 → 0 (-2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$3.91M |
| 2 |
HF
HRT Financial
New York
|
+$3.49M |
| 3 |
Wolverine Trading
Chicago,
Illinois
|
+$1.64M |
| 4 |
FTUS
Flow Traders U.S.
New York
|
+$950K |
| 5 |
TI
Trexquant Investment
Stamford,
Connecticut
|
+$761K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$13M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.04M |
| 3 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
-$2.31M |
| 4 |
SCA
Stuart Chaussee & Associates
Palos Verdes Estates,
California
|
-$1.83M |
| 5 |
SS
Sunbelt Securities
Houston,
Texas
|
-$1.36M |
TECL Hedge Fund Activity: Q1 2020 in Review
31 of the 4,538 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q1 2020, worth a combined $19.1M — down 65% from $55.1M a quarter earlier.
Sellers outnumbered buyers: 14 funds closed out of TECL and 13 opened new positions — a net loss of 1 holder — while 9 trimmed existing stakes and 7 added.
The largest buyer was Jane Street, adding an estimated $3.91M. The largest seller was Citadel Advisors, cutting an estimated $13M.
- 31 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q1 2020, down from 34 in Q4 2019.
- Funds reported $19.1M of Direxion Daily Technology Bull 3x ETF stock for Q1 2020, down 65% quarter-over-quarter.
- 13 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q1 2020 and 14 closed out, a net change of -1 holder.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q1 2020 was Jane Street, an estimated $3.91M added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q1 2020 was Citadel Advisors, an estimated $13M sold.
Based on aggregated 13F filings for Q1 2020.