Direxion Daily Technology Bull 3x ETF
TECL
47 hedge funds and large institutions have $32.1M invested in Direxion Daily Technology Bull 3x ETF in 2023 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 14 increasing their positions, 11 reducing their positions, and 13 closing their positions.
41% more call options, than puts
Call options by funds: $211M | Put options by funds: $150M
27% more repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 11
0.32% less ownership
Funds ownership: 1.87% → 1.55% (-0.32%)
11% less funds holding
Funds holding: 53 → 47 (-6)
35% less capital invested
Capital invested by funds: $49.7M → $32.1M (-$17.6M)
46% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 13
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
+$1.09M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
+$1.01M |
| 3 |
EWA
EP Wealth Advisors
Torrance,
California
|
+$844K |
| 4 |
Group One Trading
Chicago,
Illinois
|
+$833K |
| 5 |
HF
HRT Financial
New York
|
+$678K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.34M |
| 2 |
Jane Street
New York
|
-$2.57M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$2M |
| 4 |
Morgan Stanley
New York
|
-$1.2M |
| 5 |
HI
Hoey Investments
Coatesville,
Pennsylvania
|
-$887K |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
51
Goldman Sachs
New York
| – | -$521K | -9,646 | Closed |
|
|
RCAG
52
Rehmann Capital Advisory Group
Lansing,
Michigan
| – | -$320K | -5,920 | Closed |
|
|
PFA
53
Plotkin Financial Advisors
Chevy Chase,
Maryland
| – | -$314K | -5,808 | Closed |
|
|
BCM
54
Beck Capital Management
Austin,
Texas
| – | -$239K | -4,420 | Closed |
|
|
GA
55
Gateway Advisory
Westfield,
New Jersey
| – | -$230K | -4,250 | Closed |
|
|
BSW
56
Buckingham Strategic Wealth
Clayton,
Missouri
| – | -$205K | -3,787 | Closed |
|
|
JJBC
57
James J. Burns & Company
Melville,
New York
| – | -$201K | -3,725 | Closed |
|
|
GRP
58
Global Retirement Partners
San Rafael,
California
| – | -$4.59K | -85 | Closed |
|
|
AWM
59
Activest Wealth Management
Aventure,
Florida
| – | -$4.65K | -41 | Closed |
|
|
VF
60
VitalStone Financial
Shavano Park,
Texas
| – | +$304 | +6 | New |
|
TECL Hedge Fund Activity: Q3 2023 in Review
47 of the 6,301 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q3 2023, worth a combined $32.1M — down 35% from $49.7M a quarter earlier.
Sellers outnumbered buyers: 13 funds closed out of TECL and 7 opened new positions — a net loss of 6 holders — while 11 trimmed existing stakes and 14 added.
The largest buyer was Qube Research & Technologies (QRT), adding an estimated $1.09M. The largest seller was Susquehanna International Group, exiting entirely with an estimated $3.34M sold.
- 47 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q3 2023, down from 53 in Q2 2023.
- Funds reported $32.1M of Direxion Daily Technology Bull 3x ETF stock for Q3 2023, down 35% quarter-over-quarter.
- 7 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q3 2023 and 13 closed out, a net change of -6 holders.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q3 2023 was Qube Research & Technologies (QRT), an estimated $1.09M added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q3 2023 was Susquehanna International Group, an estimated $3.34M sold.
Based on aggregated 13F filings for Q3 2023.