Direxion Daily Technology Bull 3x ETF
TECL
45 hedge funds and large institutions have $56.4M invested in Direxion Daily Technology Bull 3x ETF in 2020 Q2 according to their latest regulatory filings, with 21 funds opening new positions, 9 increasing their positions, 10 reducing their positions, and 7 closing their positions.
200% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 7
196% more capital invested
Capital invested by funds: $19.1M → $56.4M (+$37.4M)
46% more call options, than puts
Call options by funds: $196M | Put options by funds: $134M
45% more funds holding
Funds holding: 31 → 45 (+14)
8.14% more ownership
Funds ownership: 28.4% → 36.54% (+8.1%)
10% less repeat investments, than reductions
Existing positions increased: 9 | Existing positions reduced: 10
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$3.95M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$3.85M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$1.1M |
| 4 |
Morgan Stanley
New York
|
+$1.02M |
| 5 |
Barclays
London,
United Kingdom
|
+$908K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Osaic Holdings
Scottsdale,
Arizona
|
-$3.37M |
| 2 |
Jane Street
New York
|
-$1.26M |
| 3 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
-$1.17M |
| 4 |
APW
Aurora Private Wealth
Rockaway,
New Jersey
|
-$543K |
| 5 |
TI
Trexquant Investment
Stamford,
Connecticut
|
-$380K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
AAP
51
Arax Advisory Partners
Denver,
Colorado
| – | -$15K | -1,250 | Closed |
|
52
Wells Fargo
San Francisco,
California
| – | +$177 | +10 | New |
|
TECL Hedge Fund Activity: Q2 2020 in Review
45 of the 4,877 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q2 2020, worth a combined $56.4M — up 196% from $19.1M a quarter earlier.
Buyers outnumbered sellers: 21 funds opened new TECL positions and 7 closed out — a net gain of 14 holders — while 9 added to existing stakes and 10 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $3.95M. The largest seller was Osaic Holdings, cutting an estimated $3.37M.
- 45 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q2 2020, up from 31 in Q1 2020.
- Funds reported $56.4M of Direxion Daily Technology Bull 3x ETF stock for Q2 2020, up 196% quarter-over-quarter.
- 21 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q2 2020 and 7 closed out, a net change of +14 holders.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q2 2020 was Susquehanna International Group, an estimated $3.95M added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q2 2020 was Osaic Holdings, an estimated $3.37M sold.
Based on aggregated 13F filings for Q2 2020.