Direxion Daily Technology Bull 3x ETF
TECL
41 hedge funds and large institutions have $14M invested in Direxion Daily Technology Bull 3x ETF in 2022 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 11 increasing their positions, 15 reducing their positions, and 16 closing their positions.
1.53% less ownership
Funds ownership: 2.84% → 1.31% (-1.5%)
12% less call options, than puts
Call options by funds: $92.4M | Put options by funds: $105M
18% less funds holding
Funds holding: 50 → 41 (-9)
27% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 15
56% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 16
64% less capital invested
Capital invested by funds: $38.9M → $14M (-$24.9M)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
FTUS
Flow Traders U.S.
New York
|
+$945K |
| 2 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
+$797K |
| 3 |
BCV
Banque Cantonale Vaudoise
Lausanne,
Switzerland
|
+$761K |
| 4 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$606K |
| 5 |
Group One Trading
Chicago,
Illinois
|
+$424K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$6.58M |
| 2 |
HF
HRT Financial
New York
|
-$5.48M |
| 3 |
HI
Hoey Investments
Coatesville,
Pennsylvania
|
-$4.77M |
| 4 |
LJAC
L.J. Altfest & Co
New York
|
-$1.78M |
| 5 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.67M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
QC
51
Quent Capital
New York
| – | -$55.4K | -1,625 | Closed |
|
|
JFGIW
52
Johnson Financial Group Inc (Wisconsin)
Racine,
Wisconsin
| – | -$28K | -1,000 | Closed |
|
53
CAPTRUST Financial Advisors
Raleigh,
North Carolina
| – | -$27K | -978 | Closed |
|
54
UBS Group
Zurich,
Switzerland
| – | -$10K | -356 | Closed |
|
TECL Hedge Fund Activity: Q3 2022 in Review
41 of the 5,805 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q3 2022, worth a combined $14M — down 64% from $38.9M a quarter earlier.
Sellers outnumbered buyers: 16 funds closed out of TECL and 7 opened new positions — a net loss of 9 holders — while 15 trimmed existing stakes and 11 added.
The largest buyer was Flow Traders U.S., opening a new position worth an estimated $945K. The largest seller was Citadel Advisors, cutting an estimated $6.58M.
- 41 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q3 2022, down from 50 in Q2 2022.
- Funds reported $14M of Direxion Daily Technology Bull 3x ETF stock for Q3 2022, down 64% quarter-over-quarter.
- 7 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q3 2022 and 16 closed out, a net change of -9 holders.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q3 2022 was Flow Traders U.S., an estimated $945K added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q3 2022 was Citadel Advisors, an estimated $6.58M sold.
Based on aggregated 13F filings for Q3 2022.