Direxion Daily Technology Bull 3x ETF
TECL
47 hedge funds and large institutions have $40.9M invested in Direxion Daily Technology Bull 3x ETF in 2022 Q4 according to their latest regulatory filings, with 16 funds opening new positions, 14 increasing their positions, 6 reducing their positions, and 10 closing their positions.
192% more capital invested
Capital invested by funds: $14M → $40.9M (+$26.9M)
133% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 6
60% more first-time investments, than exits
New positions opened: 16 | Existing positions closed: 10
26% more call options, than puts
Call options by funds: $117M | Put options by funds: $92.7M
15% more funds holding
Funds holding: 41 → 47 (+6)
1.9% more ownership
Funds ownership: 1.31% → 3.21% (+1.9%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Squarepoint
New York
|
+$15.4M |
| 2 |
PA
Paragon Advisors
College Station,
Texas
|
+$5.96M |
| 3 |
VF
Virtu Financial
New York
|
+$1.66M |
| 4 |
Jane Street
New York
|
+$1.66M |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$1.24M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ST
Smithfield Trust
Pittsburgh,
Pennsylvania
|
-$741K |
| 2 |
FTUS
Flow Traders U.S.
New York
|
-$596K |
| 3 |
HT
HAP Trading
New York
|
-$541K |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$381K |
| 5 |
Group One Trading
Chicago,
Illinois
|
-$306K |
TECL Hedge Fund Activity: Q4 2022 in Review
47 of the 6,221 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q4 2022, worth a combined $40.9M — up 192% from $14M a quarter earlier.
Buyers outnumbered sellers: 16 funds opened new TECL positions and 10 closed out — a net gain of 6 holders — while 14 added to existing stakes and 6 trimmed.
The largest buyer was Squarepoint, opening a new position worth an estimated $15.4M. The largest seller was Smithfield Trust, exiting entirely with an estimated $741K sold.
- 47 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q4 2022, up from 41 in Q3 2022.
- Funds reported $40.9M of Direxion Daily Technology Bull 3x ETF stock for Q4 2022, up 192% quarter-over-quarter.
- 16 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q4 2022 and 10 closed out, a net change of +6 holders.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q4 2022 was Squarepoint, an estimated $15.4M added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q4 2022 was Smithfield Trust, an estimated $741K sold.
Based on aggregated 13F filings for Q4 2022.