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Direxion Daily Technology Bull 3x ETF
TECL

50 hedge funds and large institutions have $38.9M invested in Direxion Daily Technology Bull 3x ETF in 2022 Q2 according to their latest regulatory filings, with 10 funds opening new positions, 18 increasing their positions, 12 reducing their positions, and 15 closing their positions.

New
Increased
Maintained
Reduced
Closed

50% more repeat investments, than reductions

Existing positions increased: 18 | Existing positions reduced: 12

24% more call options, than puts

Call options by funds: $138M | Put options by funds: $111M

0.58% more ownership

Funds ownership: 2.27% → 2.84% (+0.58%)

9% less funds holding

Funds holding: 55 → 50 (-5)

33% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 15

40% less capital invested

Capital invested by funds: $64.8M → $38.9M (-$25.9M)

Holders
50
Holders Change
-5
Holders Change %
-9.09%
% of All Funds
0.84%
Holding in Top 10
1
Holding in Top 10 Change
+1
Holding in Top 10 Change %
% of All Funds
0.02%
New
10
Increased
18
Reduced
12
Closed
15
Calls
$138M
Puts
$111M
Net Calls
+$27.1M
Net Calls Change
-$90.6M

Top Buyers

Rank Fund Capital Flow
1
HI
Hoey Investments
Pennsylvania
+$6.76M
2
Citadel Advisors
Citadel Advisors
Florida
+$5.57M
3
LJAC
L.J. Altfest & Co
New York
+$2.52M
4
Squarepoint
Squarepoint
New York
+$2.25M
5
HF
HRT Financial
New York
+$2.21M

Top Sellers

Rank Fund Capital Flow
1
UBS Group
UBS Group
Switzerland
-$4.71M
2
Simplex Trading
Simplex Trading
Illinois
-$2.53M
3
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$1.96M
4
Group One Trading
Group One Trading
Illinois
-$1.8M
5
CS
Credit Suisse
Switzerland
-$952K
Name Holding Trade Value Shares
Change 		Change in
Stake
RC
26
Rovin Capital
Arizona
$213K +$49.6K +1,247 +20%
Wolverine Trading
27
Wolverine Trading
Illinois
$201K -$130K -3,280 -32%
Barclays
28
Barclays
United Kingdom
$193K +$52.9K +1,330 +24%
Citigroup
29
Citigroup
New York
$181K +$48.9K +1,230 +24%
Royal Bank of Canada
30
Royal Bank of Canada
Ontario, Canada
$63K +$89.5K +2,250 New
WAM
31
Worth Asset Management
Texas
$57K – – –
Osaic Holdings
32
Osaic Holdings
Arizona
$52K +$19.9K +500 +36%
SWM
33
Spire Wealth Management
Virginia
$50K -$33K -829 -32%
QC
34
Quent Capital
New York
$46K +$40 +1 +0.1%
KFS
35
Kelly Financial Services
Massachusetts
$38.9K +$7.52K +189 +16%
SWM
36
Sugarloaf Wealth Management
Georgia
$38K +$40 +1 +0.1%
JFGIW
37
Johnson Financial Group Inc (Wisconsin)
Wisconsin
$28K – – –
CAPTRUST Financial Advisors
38
CAPTRUST Financial Advisors
North Carolina
$27K – – –
IBOK
39
Independence Bank of Kentucky
Kentucky
$27K +$16.9K +425 +77%
EIP
40
Ellis Investment Partners
Pennsylvania
$11K – – –
S
41
SignatureFD
Georgia
$11K – – –
UB
42
UMB Bank
Missouri
$11K – – –
UBS Group
43
UBS Group
Switzerland
$10K -$4.71M -118,339 -100%
Qube Research & Technologies (QRT)
44
Qube Research & Technologies (QRT)
United Kingdom
$8K +$10.7K +268 New
HS
45
Horan Securities
United States
$2K +$1.39K +35 +140%
CS
46
Credit Suisse
Switzerland
$1K -$952K -23,925 -100%
Mariner
47
Mariner
Kansas
– -$616K -10,020 Closed
PFA
48
Plotkin Financial Advisors
Maryland
– -$539K -8,777 Closed
RPCONE
49
Retirement Planning Company of New England
Rhode Island
– -$340K -5,539 Closed
MCA
50
Millennium Capital Advisors
Arkansas
– -$307K -5,000 Closed
1
2
3

TECL Hedge Fund Activity: Q2 2022 in Review

50 of the 5,936 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q2 2022, worth a combined $38.9M — down 40% from $64.8M a quarter earlier.

Sellers outnumbered buyers: 15 funds closed out of TECL and 10 opened new positions — a net loss of 5 holders — while 12 trimmed existing stakes and 18 added.

The largest buyer was Hoey Investments, opening a new position worth an estimated $6.76M. The largest seller was UBS Group, cutting an estimated $4.71M.

  • 50 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q2 2022, down from 55 in Q1 2022.
  • Funds reported $38.9M of Direxion Daily Technology Bull 3x ETF stock for Q2 2022, down 40% quarter-over-quarter.
  • 10 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q2 2022 and 15 closed out, a net change of -5 holders.
  • The largest Direxion Daily Technology Bull 3x ETF buyer in Q2 2022 was Hoey Investments, an estimated $6.76M added.
  • The largest Direxion Daily Technology Bull 3x ETF seller in Q2 2022 was UBS Group, an estimated $4.71M sold.

Based on aggregated 13F filings for Q2 2022.