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Direxion Daily Technology Bull 3x ETF
TECL

76 hedge funds and large institutions have $120M invested in Direxion Daily Technology Bull 3x ETF in 2024 Q2 according to their latest regulatory filings, with 26 funds opening new positions, 14 increasing their positions, 20 reducing their positions, and 7 closing their positions.

New
Increased
Maintained
Reduced
Closed

271% more first-time investments, than exits

New positions opened: 26 | Existing positions closed: 7

73% more capital invested

Capital invested by funds: $69.5M → $120M (+$50.9M)

31% more funds holding

Funds holding: 58 → 76 (+18)

21% more call options, than puts

Call options by funds: $585M | Put options by funds: $486M

1.25% more ownership

Funds ownership: 2.09% → 3.33% (+1.2%)

30% less repeat investments, than reductions

Existing positions increased: 14 | Existing positions reduced: 20

Holders
76
Holders Change
+18
Holders Change %
+31.03%
% of All Funds
1.1%
Holding in Top 10
–
Holding in Top 10 Change
–
Holding in Top 10 Change %
–
% of All Funds
–
New
26
Increased
14
Reduced
20
Closed
7
Calls
$585M
Puts
$486M
Net Calls
+$99.7M
Net Calls Change
-$177M

Top Buyers

Rank Fund Capital Flow
1
Jane Street
Jane Street
New York
+$16.1M
2
Morgan Stanley
Morgan Stanley
New York
+$4.37M
3
Simplex Trading
Simplex Trading
Illinois
+$3.86M
4
GS
GTS Securities
New York
+$3.45M
5
Squarepoint
Squarepoint
New York
+$3.28M

Top Sellers

Rank Fund Capital Flow
1
Citadel Advisors
Citadel Advisors
Florida
-$7.48M
2
HF
HRT Financial
New York
-$5.06M
3
SFS
Sowell Financial Services
Arkansas
-$1.58M
4
COCM
Charter Oak Capital Management
New Hampshire
-$635K
5
TAM
Tucker Asset Management
Colorado
-$547K
Name Holding Trade Value Shares
Change 		Change in
Stake
JP Morgan Chase
51
JP Morgan Chase
New York
$263K +$218K +2,698 New
PI
52
PFG Investments
New York
$253K +$210K +2,593 New
HT
53
Headlands Technologies
Illinois
$236K +$123K +1,526 +169%
OBWG
54
Onyx Bridge Wealth Group
New York
$226K +$187K +2,318 New
TAM
55
Tucker Asset Management
Colorado
$218K -$547K -6,767 -75%
IWC
56
Integrated Wealth Concepts
Massachusetts
$214K +$178K +2,200 New
3F
57
360 Financial
Minnesota
$208K +$172K +2,134 New
VA
58
Valmark Advisers
Ohio
$201K +$167K +2,069 New
MSG
59
Main Street Group
Virginia
$126K -$8.08K -100 -7%
Belvedere Trading
60
Belvedere Trading
Illinois
$73.8K +$61.3K +758 New
AIM
61
Anchor Investment Management
South Carolina
$61.3K – – –
S
62
SignatureFD
Georgia
$48.7K – – –
SIS
63
Sound Income Strategies
Florida
$48.7K – – –
C
64
Covestor
United Kingdom
$43K -$22.3K -276 -39%
LFG
65
Larson Financial Group
Missouri
$35.4K – – –
Northwestern Mutual Wealth Management
66
Northwestern Mutual Wealth Management
Wisconsin
$29.3K – – –
SWM
67
Sugarloaf Wealth Management
Georgia
$15.9K – – –
HCM
68
Hollencrest Capital Management
California
$10.2K -$11.7K -145 -58%
TFA
69
Toth Financial Advisory
Virginia
$9.74K +$2.91K +36 +56%
VWM
70
Venturi Wealth Management
Texas
$5.75K -$4.85K -60 -50%
FFA
71
Farther Finance Advisors
California
$2.29K +$1.86K +23 New
GC
72
Gould Capital
Washington
$1.75K +$1.46K +18 New
IA
73
IFP Advisors
Florida
$1.27K +$1.05K +13 New
CA
74
Continuum Advisory
Idaho
$985 – – –
HI
75
Harbour Investments
Wisconsin
$779 +$404 +5 +167%
1 2
3
4

TECL Hedge Fund Activity: Q2 2024 in Review

76 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q2 2024, worth a combined $120M — up 73% from $69.5M a quarter earlier.

Buyers outnumbered sellers: 26 funds opened new TECL positions and 7 closed out — a net gain of 19 holders — while 14 added to existing stakes and 20 trimmed.

The largest buyer was Jane Street, adding an estimated $16.1M. The largest seller was Citadel Advisors, cutting an estimated $7.48M.

  • 76 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q2 2024, up from 58 in Q1 2024.
  • Funds reported $120M of Direxion Daily Technology Bull 3x ETF stock for Q2 2024, up 73% quarter-over-quarter.
  • 26 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q2 2024 and 7 closed out, a net change of +19 holders.
  • The largest Direxion Daily Technology Bull 3x ETF buyer in Q2 2024 was Jane Street, an estimated $16.1M added.
  • The largest Direxion Daily Technology Bull 3x ETF seller in Q2 2024 was Citadel Advisors, an estimated $7.48M sold.

Based on aggregated 13F filings for Q2 2024.