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Direxion Daily Technology Bull 3x ETF
TECL

53 hedge funds and large institutions have $49.7M invested in Direxion Daily Technology Bull 3x ETF in 2023 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 11 increasing their positions, 17 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

51% more capital invested

Capital invested by funds: $32.9M → $49.7M (+$16.8M)

42% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 12

13% more call options, than puts

Call options by funds: $237M | Put options by funds: $210M

10% more funds holding

Funds holding: 48 → 53 (+5)

0.1% more ownership

Funds ownership: 1.77% → 1.87% (+0.1%)

35% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 17

Holders
53
Holders Change
+5
Holders Change %
+10.42%
% of All Funds
0.83%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
17
Increased
11
Reduced
17
Closed
12
Calls
$237M
Puts
$210M
Net Calls
+$27.7M
Net Calls Change
+$18.8M

Top Buyers

Rank Fund Capital Flow
1
HF
HRT Financial
New York
+$1.41M
2
EWA
EP Wealth Advisors
California
+$1.12M
3
Simplex Trading
Simplex Trading
Illinois
+$1.11M
4
Jane Street
Jane Street
New York
+$518K
5
Morgan Stanley
Morgan Stanley
New York
+$510K

Top Sellers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$2.36M
2
TRCT
Tower Research Capital (TRC)
New York
-$1.52M
3
PA
Paragon Advisors
Texas
-$592K
4
UBS Group
UBS Group
Switzerland
-$489K
5
Wolverine Trading
Wolverine Trading
Illinois
-$477K
Name Holding Trade Value Shares
Change 		Change in
Stake
PFA
26
Plotkin Financial Advisors
Maryland
$314K +$241K +5,808 New
Barclays
27
Barclays
United Kingdom
$308K – – –
CG
28
Colony Group
Massachusetts
$292K – – –
MCA
29
Millennium Capital Advisors
Arkansas
$283K +$217K +5,232 New
WMA
30
West Michigan Advisors
Michigan
$270K +$208K +5,000 New
RPCONE
31
Retirement Planning Company of New England
Rhode Island
$260K -$27.1K -651 -12%
BCM
32
Beck Capital Management
Texas
$239K +$184K +4,420 New
GA
33
Gateway Advisory
New Jersey
$230K +$177K +4,250 New
LFG
34
Larson Financial Group
Missouri
$209K +$159K +3,831 +10,642%
BSW
35
Buckingham Strategic Wealth
Missouri
$205K +$157K +3,787 New
JJBC
36
James J. Burns & Company
New York
$201K +$155K +3,725 New
Citigroup
37
Citigroup
New York
$173K – – –
CG
38
Cutler Group
California
$166K +$109K +2,622 +576%
KFS
39
Kelly Financial Services
Massachusetts
$131K +$1.21K +29 +1%
Qube Research & Technologies (QRT)
40
Qube Research & Technologies (QRT)
United Kingdom
$125K +$81.9K +1,971 New
UBS Group
41
UBS Group
Switzerland
$71.5K -$489K -11,761 -90%
Royal Bank of Canada
42
Royal Bank of Canada
Ontario, Canada
$35K -$21.2K -510 -44%
SIS
43
Sound Income Strategies
Florida
$27K – – –
UB
44
UMB Bank
Missouri
$21.6K – – –
S
45
SignatureFD
Georgia
$13.5K -$7.07K -170 -40%
CAS
46
Coppell Advisory Solutions
Texas
$12.4K +$9.98K +240 New
SWM
47
Sugarloaf Wealth Management
Georgia
$8.78K -$4.12K -99 -38%
VWM
48
Venturi Wealth Management
Texas
$4.75K +$1.37K +33 +60%
AWM
49
Activest Wealth Management
Florida
$4.65K +$1.7K +41 New
GRP
50
Global Retirement Partners
California
$4.59K +$3.53K +85 New
1
2
3

TECL Hedge Fund Activity: Q2 2023 in Review

53 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q2 2023, worth a combined $49.7M — up 51% from $32.9M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new TECL positions and 12 closed out — a net gain of 5 holders — while 11 added to existing stakes and 17 trimmed.

The largest buyer was HRT Financial, opening a new position worth an estimated $1.41M. The largest seller was Susquehanna International Group, cutting an estimated $2.36M.

  • 53 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q2 2023, up from 48 in Q1 2023.
  • Funds reported $49.7M of Direxion Daily Technology Bull 3x ETF stock for Q2 2023, up 51% quarter-over-quarter.
  • 17 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q2 2023 and 12 closed out, a net change of +5 holders.
  • The largest Direxion Daily Technology Bull 3x ETF buyer in Q2 2023 was HRT Financial, an estimated $1.41M added.
  • The largest Direxion Daily Technology Bull 3x ETF seller in Q2 2023 was Susquehanna International Group, an estimated $2.36M sold.

Based on aggregated 13F filings for Q2 2023.