Direxion Daily Technology Bull 3x ETF
TECL
75 hedge funds and large institutions have $97.1M invested in Direxion Daily Technology Bull 3x ETF in 2024 Q3 according to their latest regulatory filings, with 15 funds opening new positions, 18 increasing their positions, 23 reducing their positions, and 16 closing their positions.
36% more call options, than puts
Call options by funds: $474M | Put options by funds: $349M
0.44% less ownership
Funds ownership: 3.33% → 2.89% (-0.44%)
6% less first-time investments, than exits
New positions opened: 15 | Existing positions closed: 16
1% less funds holding
Funds holding: 76 → 75 (-1)
19% less capital invested
Capital invested by funds: $120M → $97.1M (-$23.3M)
22% less repeat investments, than reductions
Existing positions increased: 18 | Existing positions reduced: 23
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Sollinda Capital Management
Miami,
Florida
|
+$20.3M |
| 2 |
CIAS
Capital Investment Advisory Services
Raleigh,
North Carolina
|
+$5.27M |
| 3 |
AWM
Axxcess Wealth Management
Carlsbad,
California
|
+$3.36M |
| 4 |
HF
HRT Financial
New York
|
+$2.87M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.28M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$19.5M |
| 2 |
Citadel Advisors
Miami,
Florida
|
-$6.53M |
| 3 |
Morgan Stanley
New York
|
-$5.24M |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$4.05M |
| 5 |
QC
Quadrature Capital
London,
United Kingdom
|
-$3.41M |
TECL Hedge Fund Activity: Q3 2024 in Review
75 of the 6,964 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q3 2024, worth a combined $97.1M — down 19% from $120M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of TECL and 15 opened new positions — a net loss of 1 holder — while 23 trimmed existing stakes and 18 added.
The largest buyer was Sollinda Capital Management, opening a new position worth an estimated $20.3M. The largest seller was Jane Street, cutting an estimated $19.5M.
- 75 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q3 2024, down from 76 in Q2 2024.
- Funds reported $97.1M of Direxion Daily Technology Bull 3x ETF stock for Q3 2024, down 19% quarter-over-quarter.
- 15 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q3 2024 and 16 closed out, a net change of -1 holder.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q3 2024 was Sollinda Capital Management, an estimated $20.3M added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q3 2024 was Jane Street, an estimated $19.5M sold.
Based on aggregated 13F filings for Q3 2024.