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Direxion Daily Technology Bull 3x ETF
TECL

53 hedge funds and large institutions have $49.7M invested in Direxion Daily Technology Bull 3x ETF in 2023 Q2 according to their latest regulatory filings, with 17 funds opening new positions, 11 increasing their positions, 17 reducing their positions, and 12 closing their positions.

New
Increased
Maintained
Reduced
Closed

51% more capital invested

Capital invested by funds: $32.9M → $49.7M (+$16.8M)

42% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 12

13% more call options, than puts

Call options by funds: $237M | Put options by funds: $210M

10% more funds holding

Funds holding: 48 → 53 (+5)

0.1% more ownership

Funds ownership: 1.77% → 1.87% (+0.1%)

35% less repeat investments, than reductions

Existing positions increased: 11 | Existing positions reduced: 17

Holders
53
Holders Change
+5
Holders Change %
+10.42%
% of All Funds
0.83%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
17
Increased
11
Reduced
17
Closed
12
Calls
$237M
Puts
$210M
Net Calls
+$27.7M
Net Calls Change
+$18.8M

Top Buyers

Rank Fund Capital Flow
1
HF
HRT Financial
New York
+$1.41M
2
EWA
EP Wealth Advisors
California
+$1.12M
3
Simplex Trading
Simplex Trading
Illinois
+$1.11M
4
Jane Street
Jane Street
New York
+$518K
5
Morgan Stanley
Morgan Stanley
New York
+$510K

Top Sellers

Rank Fund Capital Flow
1
Susquehanna International Group
Susquehanna International Group
Pennsylvania
-$2.36M
2
TRCT
Tower Research Capital (TRC)
New York
-$1.52M
3
PA
Paragon Advisors
Texas
-$592K
4
UBS Group
UBS Group
Switzerland
-$489K
5
Wolverine Trading
Wolverine Trading
Illinois
-$477K
Name Holding Trade Value Shares
Change 		Change in
Stake
TRCT
51
Tower Research Capital (TRC)
New York
$2.05K -$1.52M -36,669 -100%
Osaic Holdings
52
Osaic Holdings
Arizona
$216 – – –
Wells Fargo
53
Wells Fargo
California
$45 +$42 +1 New
PA
54
Paragon Advisors
Texas
– -$592K -15,949 Closed
WA
55
Wealth Advisors
California
– -$261K -14,731 Closed
Wolverine Trading
56
Wolverine Trading
Illinois
– -$477K -11,483 Closed
VF
57
Virtu Financial
New York
– -$336K -9,051 Closed
FTUS
58
Flow Traders U.S.
New York
– -$202K -5,423 Closed
BAAM
59
Baker Avenue Asset Management
California
– -$143K -3,837 Closed
TAM
60
Tucker Asset Management
Colorado
– -$57.3K -1,540 Closed
HT
61
Headlands Technologies
Illinois
– -$40.5K -1,089 Closed
HCM
62
Hollencrest Capital Management
California
– -$17.7K -475 Closed
ASN
63
Advisory Services Network
Georgia
– -$7.32K -197 Closed
Fidelity Investments
64
Fidelity Investments
Massachusetts
– -$37 -1 Closed
QC
65
Quent Capital
New York
– -$22 -1 Closed
1 2
3

TECL Hedge Fund Activity: Q2 2023 in Review

53 of the 6,369 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q2 2023, worth a combined $49.7M — up 51% from $32.9M a quarter earlier.

Buyers outnumbered sellers: 17 funds opened new TECL positions and 12 closed out — a net gain of 5 holders — while 11 added to existing stakes and 17 trimmed.

The largest buyer was HRT Financial, opening a new position worth an estimated $1.41M. The largest seller was Susquehanna International Group, cutting an estimated $2.36M.

  • 53 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q2 2023, up from 48 in Q1 2023.
  • Funds reported $49.7M of Direxion Daily Technology Bull 3x ETF stock for Q2 2023, up 51% quarter-over-quarter.
  • 17 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q2 2023 and 12 closed out, a net change of +5 holders.
  • The largest Direxion Daily Technology Bull 3x ETF buyer in Q2 2023 was HRT Financial, an estimated $1.41M added.
  • The largest Direxion Daily Technology Bull 3x ETF seller in Q2 2023 was Susquehanna International Group, an estimated $2.36M sold.

Based on aggregated 13F filings for Q2 2023.