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Direxion Daily Technology Bull 3x ETF
TECL

48 hedge funds and large institutions have $32.9M invested in Direxion Daily Technology Bull 3x ETF in 2023 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 13 increasing their positions, 14 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

2% more funds holding

Funds holding: 47 → 48 (+1)

8% more first-time investments, than exits

New positions opened: 13 | Existing positions closed: 12

6% more call options, than puts

Call options by funds: $163M | Put options by funds: $155M

7% less repeat investments, than reductions

Existing positions increased: 13 | Existing positions reduced: 14

1.44% less ownership

Funds ownership: 3.21% → 1.77% (-1.4%)

20% less capital invested

Capital invested by funds: $40.9M → $32.9M (-$8.01M)

Holders
48
Holders Change
+1
Holders Change %
+2.13%
% of All Funds
0.76%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
13
Increased
13
Reduced
14
Closed
12
Calls
$163M
Puts
$155M
Net Calls
+$8.89M
Net Calls Change
-$15M

Top Buyers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
+$2.83M
2
Citadel Advisors
Citadel Advisors
Florida
+$1.46M
3
TRCT
Tower Research Capital (TRC)
New York
+$769K
4
UBS Group
UBS Group
Switzerland
+$380K
5
Wolverine Trading
Wolverine Trading
Illinois
+$334K

Top Sellers

Rank Fund Capital Flow
1
Squarepoint
Squarepoint
New York
-$16.9M
2
PA
Paragon Advisors
Texas
-$6.55M
3
VF
Virtu Financial
New York
-$1.69M
4
PNC Financial Services Group
PNC Financial Services Group
Pennsylvania
-$1.46M
5
Jane Street
Jane Street
New York
-$838K
Name Holding Trade Value Shares
Change 		Change in
Stake
BCV
51
Banque Cantonale Vaudoise
Switzerland
– -$728K -32,923 Closed
XS
52
XR Securities
Illinois
– -$295K -13,335 Closed
WAM
53
Worth Asset Management
Texas
– -$44.7K -2,021 Closed
IBOK
54
Independence Bank of Kentucky
Kentucky
– -$22K -975 Closed
MCC
55
Money Concepts Capital
Florida
– -$6.98K -316 Closed
CAS
56
Coppell Advisory Solutions
Texas
– -$5.3K -240 Closed
CASC
57
Coppell Advisory Solutions Corp
Texas
– -$5.3K -240 Closed
HS
58
Horan Securities
United States
– -$3.34K -151 Closed
CS
59
Credit Suisse
Switzerland
– -$641 -29 Closed
EE
60
EWG Elevate
California
– -$508 -23 Closed
1 2
3

TECL Hedge Fund Activity: Q1 2023 in Review

48 of the 6,275 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q1 2023, worth a combined $32.9M — down 20% from $40.9M a quarter earlier.

Buyers outnumbered sellers: 13 funds opened new TECL positions and 12 closed out — a net gain of 1 holder — while 13 added to existing stakes and 14 trimmed.

The largest buyer was Susquehanna International Group, adding an estimated $2.83M. The largest seller was Squarepoint, exiting entirely with an estimated $16.9M sold.

  • 48 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q1 2023, up from 47 in Q4 2022.
  • Funds reported $32.9M of Direxion Daily Technology Bull 3x ETF stock for Q1 2023, down 20% quarter-over-quarter.
  • 13 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q1 2023 and 12 closed out, a net change of +1 holder.
  • The largest Direxion Daily Technology Bull 3x ETF buyer in Q1 2023 was Susquehanna International Group, an estimated $2.83M added.
  • The largest Direxion Daily Technology Bull 3x ETF seller in Q1 2023 was Squarepoint, an estimated $16.9M sold.

Based on aggregated 13F filings for Q1 2023.