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Direxion Daily Technology Bull 3x ETF
TECL

45 hedge funds and large institutions have $56.4M invested in Direxion Daily Technology Bull 3x ETF in 2020 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

200% more first-time investments, than exits

New positions opened: 21 | Existing positions closed: 7

196% more capital invested

Capital invested by funds: $19.1M → $56.4M (+$37.4M)

46% more call options, than puts

Call options by funds: $196M | Put options by funds: $134M

45% more funds holding

Funds holding: 31 → 45 (+14)

8.14% more ownership

Funds ownership: 28.4% → 36.54% (+8.1%)

10% less repeat investments, than reductions

Existing positions increased: 9 | Existing positions reduced: 10

Holders
45
Holders Change
+14
Holders Change %
+45.16%
% of All Funds
0.92%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
21
Increased
9
Reduced
10
Closed
7
Calls
$196M
Puts
$134M
Net Calls
+$61.5M
Net Calls Change
+$18.6M

Top Buyers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$3.95M
2
Citadel Advisors
Citadel Advisors
Florida
+$3.85M
3
UBS Group
UBS Group
Switzerland
+$1.1M
4
Morgan Stanley
Morgan Stanley
New York
+$1.02M
5
Barclays
Barclays
United Kingdom
+$908K

Top Sellers

Rank Fund Capital Flow
1
Osaic Holdings
Osaic Holdings
Arizona
-$3.37M
2
Jane Street
Jane Street
New York
-$1.26M
3
MCM
Mainstay Capital Management
Michigan
-$1.17M
4
APW
Aurora Private Wealth
New Jersey
-$543K
5
TI
Trexquant Investment
Connecticut
-$380K
Name Holding Trade Value Shares
Change 		Change in
Stake
SFS
26
Sowell Financial Services
Arkansas
$209K +$99.2K +5,610 +166%
ASN
27
Advisory Services Network
Georgia
$206K +$156K +8,850 New
PCM
28
Prelude Capital Management
New York
$71K +$54.1K +3,060 New
YAL
29
Your Advocates Ltd
Texas
$60K +$365K +20,660 New
CFGS
30
Concourse Financial Group Securities
Alabama
$47K +$35.4K +2,000 New
SWM
31
Sugarloaf Wealth Management
Georgia
$44K – – –
Osaic Holdings
32
Osaic Holdings
Arizona
$39K -$3.37M -190,470 -99%
KFS
33
Kelly Financial Services
Massachusetts
$30.5K – – –
TFA
34
Toth Financial Advisory
Virginia
$28K +$21.6K +1,220 New
Bank of America
35
Bank of America
North Carolina
$27K +$16.8K +950 +475%
S
36
SignatureFD
Georgia
$23K -$8.84K -500 -33%
GT
37
Glenmede Trust
Pennsylvania
$16K +$12.4K +700 New
RIA
38
RPG Investment Advisory
California
$13K – – –
VFA
39
Valeo Financial Advisors
Indiana
$9K -$1.77K -100 -20%
CAPTRUST Financial Advisors
40
CAPTRUST Financial Advisors
North Carolina
$5K +$3.54K +200 New
LWA
41
Lenox Wealth Advisors
New York
$5K +$3.54K +200 New
CTC
42
Central Trust Company
Missouri
$3K – – –
IFAM
43
Institutional & Family Asset Management
Colorado
$2K +$1.42K +80 New
AF
44
Advisornet Financial
Minnesota
$1K +$354 +20 +200%
APW
45
Aurora Private Wealth
New Jersey
– -$543K -46,690 Closed
TI
46
Trexquant Investment
Connecticut
– -$380K -32,690 Closed
SWA
47
Stratos Wealth Advisors
Ohio
– -$267K -22,940 Closed
Royal Bank of Canada
48
Royal Bank of Canada
Ontario, Canada
– -$93K -8,000 Closed
PP
49
Paloma Partners
Connecticut
– -$36K -3,070 Closed
CS
50
Capital Square
Tennessee
– -$33K -2,870 Closed
1
2
3

TECL Hedge Fund Activity: Q2 2020 in Review

45 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q2 2020, worth a combined $56.4M — up 196% from $19.1M a quarter earlier.

Buyers outnumbered sellers: 21 funds opened new TECL positions and 7 closed out — a net gain of 14 holders — while 9 added to existing stakes and 10 trimmed.

The largest buyer was Susquehanna International Group, adding an estimated $3.95M. The largest seller was Osaic Holdings, cutting an estimated $3.37M.

  • 45 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q2 2020, up from 31 in Q1 2020.
  • Funds reported $56.4M of Direxion Daily Technology Bull 3x ETF stock for Q2 2020, up 196% quarter-over-quarter.
  • 21 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q2 2020 and 7 closed out, a net change of +14 holders.
  • The largest Direxion Daily Technology Bull 3x ETF buyer in Q2 2020 was Susquehanna International Group, an estimated $3.95M added.
  • The largest Direxion Daily Technology Bull 3x ETF seller in Q2 2020 was Osaic Holdings, an estimated $3.37M sold.

Based on aggregated 13F filings for Q2 2020.