We are live on ! Find out more
TECL icon

Direxion Daily Technology Bull 3x ETF
TECL

47 hedge funds and large institutions have $199M invested in Direxion Daily Technology Bull 3x ETF in 2020 Q3 according to their latest regulatory filings, with 10 funds opening new positions, 3 increasing their positions, 24 reducing their positions, and 8 closing their positions.

New
Increased
Maintained
Reduced
Closed

252% more capital invested

Capital invested by funds: $56.4M → $199M (+$142M)

69.01% more ownership

Funds ownership: 36.54% → 105.55% (+69%)

38% more call options, than puts

Call options by funds: $261M | Put options by funds: $190M

25% more first-time investments, than exits

New positions opened: 10 | Existing positions closed: 8

4% more funds holding

Funds holding: 45 → 47 (+2)

88% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 24

Holders
47
Holders Change
+2
Holders Change %
+4.44%
% of All Funds
0.95%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
10
Increased
3
Reduced
24
Closed
8
Calls
$261M
Puts
$190M
Net Calls
+$71.6M
Net Calls Change
+$10.1M

Top Buyers

Rank Fund Capital Flow
1
Citigroup
Citigroup
New York
+$144M
2
SCA
Stuart Chaussee & Associates
California
+$3.29M
3
Jane Street
Jane Street
New York
+$2.14M
4
Simplex Trading
Simplex Trading
Illinois
+$923K
5
Lido Advisors
Lido Advisors
California
+$577K

Top Sellers

Rank Fund Capital Flow
1
Citadel Advisors
Citadel Advisors
Florida
-$7.24M
2
HF
HRT Financial
New York
-$6.54M
3
VF
Virtu Financial
New York
-$5.11M
4
Wolverine Trading
Wolverine Trading
Illinois
-$3.02M
5
Morgan Stanley
Morgan Stanley
New York
-$2.65M
Name Holding Trade Value Shares
Change 		Change in
Stake
Wolverine Trading
26
Wolverine Trading
Illinois
$256K -$3.02M -104,800 -92%
SG Americas Securities
27
SG Americas Securities
New York
$139K +$131K +4,530 New
ASN
28
Advisory Services Network
Georgia
$108K -$153K -5,310 -60%
PCM
29
Prelude Capital Management
New York
$74K -$18.2K -630 -21%
VFA
30
Valeo Financial Advisors
Indiana
$61K +$46.1K +1,600 +400%
SWM
31
Sugarloaf Wealth Management
Georgia
$52K -$5.77K -200 -11%
Osaic Holdings
32
Osaic Holdings
Arizona
$51K – – –
KFS
33
Kelly Financial Services
Massachusetts
$40K – – –
TFA
34
Toth Financial Advisory
Virginia
$37K – – –
TRCT
35
Tower Research Capital (TRC)
New York
$36K -$2.08M -72,190 -98%
Bank of America
36
Bank of America
North Carolina
$35K – – –
EIP
37
Ellis Investment Partners
Pennsylvania
$30K -$621K -21,520 -96%
GT
38
Glenmede Trust
Pennsylvania
$21K – – –
WT
39
Washington Trust
Rhode Island
$21K +$19.9K +690 New
S
40
SignatureFD
Georgia
$18K -$11.5K -400 -40%
RIA
41
RPG Investment Advisory
California
$17K – – –
PFA
42
Professional Financial Advisors
Nebraska
$11K +$11.8K +410 New
CTC
43
Central Trust Company
Missouri
$5K – – –
BCM
44
Birch Capital Management
Texas
$2K +$1.73K +60 New
AF
45
Advisornet Financial
Minnesota
$1K -$288 -10 -33%
JP Morgan Chase
46
JP Morgan Chase
New York
$1K +$1.15K +40 New
TCM
47
Traynor Capital Management
Pennsylvania
– -$1.91M -82,200 Closed
YAL
48
Your Advocates Ltd
Texas
– -$60K -20,660 Closed
STA
49
Summit Trail Advisors
New York
– -$459K -19,720 Closed
Envestnet Asset Management
50
Envestnet Asset Management
Illinois
– -$402K -17,250 Closed
1
2
3

TECL Hedge Fund Activity: Q3 2020 in Review

47 of the 4,956 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q3 2020, worth a combined $199M — up 252% from $56.4M a quarter earlier.

Buyers outnumbered sellers: 10 funds opened new TECL positions and 8 closed out — a net gain of 2 holders — while 3 added to existing stakes and 24 trimmed.

The largest buyer was Citigroup, opening a new position worth an estimated $144M. The largest seller was Citadel Advisors, cutting an estimated $7.24M.

  • 47 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q3 2020, up from 45 in Q2 2020.
  • Funds reported $199M of Direxion Daily Technology Bull 3x ETF stock for Q3 2020, up 252% quarter-over-quarter.
  • 10 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q3 2020 and 8 closed out, a net change of +2 holders.
  • The largest Direxion Daily Technology Bull 3x ETF buyer in Q3 2020 was Citigroup, an estimated $144M added.
  • The largest Direxion Daily Technology Bull 3x ETF seller in Q3 2020 was Citadel Advisors, an estimated $7.24M sold.

Based on aggregated 13F filings for Q3 2020.