Direxion Daily Technology Bull 3x ETF
TECL
67 hedge funds and large institutions have $70.6M invested in Direxion Daily Technology Bull 3x ETF in 2023 Q4 according to their latest regulatory filings, with 28 funds opening new positions, 15 increasing their positions, 11 reducing their positions, and 6 closing their positions.
367% more first-time investments, than exits
New positions opened: 28 | Existing positions closed: 6
136% more call options, than puts
Call options by funds: $548M | Put options by funds: $232M
120% more capital invested
Capital invested by funds: $32.1M → $70.6M (+$38.5M)
43% more funds holding
Funds holding: 47 → 67 (+20)
36% more repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 11
0.71% more ownership
Funds ownership: 1.55% → 2.26% (+0.71%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$4.76M |
| 2 |
Squarepoint
New York
|
+$4.66M |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.64M |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$2.32M |
| 5 |
GS
GTS Securities
New York
|
+$1.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
-$2.56M |
| 2 |
Bank of Nova Scotia
Toronto,
Ontario, Canada
|
-$861K |
| 3 |
Qube Research & Technologies (QRT)
London,
United Kingdom
|
-$799K |
| 4 |
SFS
Sowell Financial Services
North Little Rock,
Arkansas
|
-$485K |
| 5 |
UBS Group
Zurich,
Switzerland
|
-$454K |
TECL Hedge Fund Activity: Q4 2023 in Review
67 of the 6,859 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q4 2023, worth a combined $70.6M — up 120% from $32.1M a quarter earlier.
Buyers outnumbered sellers: 28 funds opened new TECL positions and 6 closed out — a net gain of 22 holders — while 15 added to existing stakes and 11 trimmed.
The largest buyer was Jane Street, opening a new position worth an estimated $4.76M. The largest seller was HRT Financial, exiting entirely with an estimated $2.56M sold.
- 67 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q4 2023, up from 47 in Q3 2023.
- Funds reported $70.6M of Direxion Daily Technology Bull 3x ETF stock for Q4 2023, up 120% quarter-over-quarter.
- 28 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q4 2023 and 6 closed out, a net change of +22 holders.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q4 2023 was Jane Street, an estimated $4.76M added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q4 2023 was HRT Financial, an estimated $2.56M sold.
Based on aggregated 13F filings for Q4 2023.