Direxion Daily Technology Bull 3x ETF
TECL
17 hedge funds and large institutions have $26M invested in Direxion Daily Technology Bull 3x ETF in 2013 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 4 increasing their positions, 3 reducing their positions, and 3 closing their positions.
133% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 3
33% more repeat investments, than reductions
Existing positions increased: 4 | Existing positions reduced: 3
31% more funds holding
Funds holding: 13 → 17 (+4)
27% less call options, than puts
Call options by funds: $47.6M | Put options by funds: $65M
30% less capital invested
Capital invested by funds: $37.1M → $26M (-$11.2M)
502.56% less ownership
Funds ownership: 1,863.76% → 1,361.2% (-503%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
+$1.37M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.22M |
| 3 |
VF
Virtu Financial
New York
|
+$1.2M |
| 4 |
Barclays
London,
United Kingdom
|
+$1.2M |
| 5 |
VCAM
Valentine Capital Asset Management
Danville,
California
|
+$372K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Deutsche Bank
Frankfurt Am Main Ge,
Germany
|
-$17.1M |
| 2 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$2.02M |
| 3 |
Jane Street
New York
|
-$982K |
| 4 |
Goldman Sachs
New York
|
-$613K |
| 5 |
CPSAC
Chas P. Smith & Associates (CPS)
Lakeland,
Florida
|
-$115K |
TECL Hedge Fund Activity: Q3 2013 in Review
17 of the 3,084 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q3 2013, worth a combined $26M — down 30% from $37.1M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new TECL positions and 3 closed out — a net gain of 4 holders — while 4 added to existing stakes and 3 trimmed.
The largest buyer was Morgan Stanley, opening a new position worth an estimated $1.37M. The largest seller was Deutsche Bank, exiting entirely with an estimated $17.1M sold.
- 17 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q3 2013, up from 13 in Q2 2013.
- Funds reported $26M of Direxion Daily Technology Bull 3x ETF stock for Q3 2013, down 30% quarter-over-quarter.
- 7 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q3 2013 and 3 closed out, a net change of +4 holders.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q3 2013 was Morgan Stanley, an estimated $1.37M added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q3 2013 was Deutsche Bank, an estimated $17.1M sold.
Based on aggregated 13F filings for Q3 2013.