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Direxion Daily Technology Bull 3x ETF
TECL

47 hedge funds and large institutions have $32.1M invested in Direxion Daily Technology Bull 3x ETF in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 13 closing their positions.

New
Increased
Maintained
Reduced
Closed

41% more call options, than puts

Call options by funds: $211M | Put options by funds: $150M

27% more repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 11

0.32% less ownership

Funds ownership: 1.87% → 1.55% (-0.32%)

11% less funds holding

Funds holding: 53 → 47 (-6)

35% less capital invested

Capital invested by funds: $49.7M → $32.1M (-$17.6M)

46% less first-time investments, than exits

New positions opened: 7 | Existing positions closed: 13

Holders
47
Holders Change
-6
Holders Change %
-11.32%
% of All Funds
0.75%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
7
Increased
14
Reduced
11
Closed
13
Calls
$211M
Puts
$150M
Net Calls
+$61.4M
Net Calls Change
+$33.7M

Top Buyers

Rank Fund Capital Flow
1
Qube Research & Technologies (QRT)
Qube Research & Technologies (QRT)
United Kingdom
+$1.09M
2
Bank of Nova Scotia
Bank of Nova Scotia
Ontario, Canada
+$1.01M
3
EWA
EP Wealth Advisors
California
+$844K
4
Group One Trading
Group One Trading
Illinois
+$833K
5
HF
HRT Financial
New York
+$678K

Top Sellers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$3.34M
2
Jane Street
Jane Street
New York
-$2.57M
3
Citadel Advisors
Citadel Advisors
Florida
-$2M
4
Morgan Stanley
Morgan Stanley
New York
-$1.2M
5
HI
Hoey Investments
Pennsylvania
-$887K
Name Holding Trade Value Shares
Change 		Change in
Stake
CG
26
Colony Group
Massachusetts
$233K – – –
MCA
27
Millennium Capital Advisors
Arkansas
$225K – – –
WMA
28
West Michigan Advisors
Michigan
$215K – – –
WEG
29
World Equity Group
Illinois
$212K +$249K +4,923 New
RPCONE
30
Retirement Planning Company of New England
Rhode Island
$207K -$811 -16 -0.3%
TAM
31
Tucker Asset Management
Colorado
$188K +$221K +4,367 New
Citigroup
32
Citigroup
New York
$138K – – –
KFS
33
Kelly Financial Services
Massachusetts
$108K +$3.6K +71 +3%
AIM
34
Anchor Investment Management
South Carolina
$61.6K +$72.5K +1,430 New
SIS
35
Sound Income Strategies
Florida
$21.5K – – –
UB
36
UMB Bank
Missouri
$17.2K – – –
LFG
37
Larson Financial Group
Missouri
$15.6K -$178K -3,504 -91%
C
38
Covestor
United Kingdom
$15K +$17.1K +337 New
Royal Bank of Canada
39
Royal Bank of Canada
Ontario, Canada
$12K -$18K -355 -55%
S
40
SignatureFD
Georgia
$10.8K – – –
SWM
41
Sugarloaf Wealth Management
Georgia
$7K – – –
VWM
42
Venturi Wealth Management
Texas
$6.81K +$3.55K +70 +80%
CAS
43
Coppell Advisory Solutions
Texas
$5.3K – – –
TRCT
44
Tower Research Capital (TRC)
New York
$4.57K +$3.45K +68 +179%
Osaic Holdings
45
Osaic Holdings
Arizona
$215 +$51 +1 +25%
Wells Fargo
46
Wells Fargo
California
$36 – – –
Susquehanna International Group
47
Susquehanna International Group
Pennsylvania
– -$3.34M -65,898 Closed
Jane Street
48
Jane Street
New York
– -$2.57M -50,703 Closed
HI
49
Hoey Investments
Pennsylvania
– -$887K -16,418 Closed
BNP Paribas Financial Markets
50
BNP Paribas Financial Markets
France
– -$535K -9,900 Closed
1
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TECL Hedge Fund Activity: Q3 2023 in Review

47 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q3 2023, worth a combined $32.1M — down 35% from $49.7M a quarter earlier.

Sellers outnumbered buyers: 13 funds closed out of TECL and 7 opened new positions — a net loss of 6 holders — while 11 trimmed existing stakes and 14 added.

The largest buyer was Qube Research & Technologies (QRT), adding an estimated $1.09M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $3.34M sold.

  • 47 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q3 2023, down from 53 in Q2 2023.
  • Funds reported $32.1M of Direxion Daily Technology Bull 3x ETF stock for Q3 2023, down 35% quarter-over-quarter.
  • 7 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q3 2023 and 13 closed out, a net change of -6 holders.
  • The largest Direxion Daily Technology Bull 3x ETF buyer in Q3 2023 was Qube Research & Technologies (QRT), an estimated $1.09M added.
  • The largest Direxion Daily Technology Bull 3x ETF seller in Q3 2023 was Susquehanna International Group, an estimated $3.34M sold.

Based on aggregated 13F filings for Q3 2023.