Direxion Daily Technology Bull 3x ETF
TECL
58 hedge funds and large institutions have $69.5M invested in Direxion Daily Technology Bull 3x ETF in 2024 Q1 according to their latest regulatory filings, with 9 funds opening new positions, 14 increasing their positions, 24 reducing their positions, and 18 closing their positions.
73% more call options, than puts
Call options by funds: $658M | Put options by funds: $381M
0.17% less ownership
Funds ownership: 2.26% → 2.09% (-0.17%)
2% less capital invested
Capital invested by funds: $70.6M → $69.5M (-$1.06M)
13% less funds holding
Funds holding: 67 → 58 (-9)
42% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 24
50% less first-time investments, than exits
New positions opened: 9 | Existing positions closed: 18
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
HF
HRT Financial
New York
|
+$4.71M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$2.38M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$841K |
| 4 |
Morgan Stanley
New York
|
+$660K |
| 5 |
WEG
World Equity Group
Schaumburg,
Illinois
|
+$406K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Squarepoint
New York
|
-$5.73M |
| 2 |
Jane Street
New York
|
-$4.07M |
| 3 |
GS
GTS Securities
New York
|
-$3.57M |
| 4 |
Group One Trading
Chicago,
Illinois
|
-$2.08M |
| 5 |
OCM
Ogborne Capital Management
San Francisco,
California
|
-$1.67M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
CJ
76
Caitlin John
Brighton,
Michigan
| – | -$1.33K | -20 | Closed |
|
77
Fidelity Investments
Boston,
Massachusetts
| – | -$67 | -1 | Closed |
|
TECL Hedge Fund Activity: Q1 2024 in Review
58 of the 6,942 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q1 2024, worth a combined $69.5M — down 1.5% from $70.6M a quarter earlier.
Sellers outnumbered buyers: 18 funds closed out of TECL and 9 opened new positions — a net loss of 9 holders — while 24 trimmed existing stakes and 14 added.
The largest buyer was HRT Financial, opening a new position worth an estimated $4.71M. The largest seller was Squarepoint, exiting entirely with an estimated $5.73M sold.
- 58 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q1 2024, down from 67 in Q4 2023.
- Funds reported $69.5M of Direxion Daily Technology Bull 3x ETF stock for Q1 2024, down 1.5% quarter-over-quarter.
- 9 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q1 2024 and 18 closed out, a net change of -9 holders.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q1 2024 was HRT Financial, an estimated $4.71M added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q1 2024 was Squarepoint, an estimated $5.73M sold.
Based on aggregated 13F filings for Q1 2024.