Direxion Daily Technology Bull 3x ETF
TECL
18 hedge funds and large institutions have $31.3M invested in Direxion Daily Technology Bull 3x ETF in 2013 Q4 according to their latest regulatory filings, with 6 funds opening new positions, 2 increasing their positions, 5 reducing their positions, and 5 closing their positions.
21% more capital invested
Capital invested by funds: $26M → $31.3M (+$5.33M)
20% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 5
6% more funds holding
Funds holding: 17 → 18 (+1)
48% less call options, than puts
Call options by funds: $53.9M | Put options by funds: $103M
60% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 5
219.16% less ownership
Funds ownership: 1,361.2% → 1,142.04% (-219%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPSAC
Chas P. Smith & Associates (CPS)
Lakeland,
Florida
|
+$1.47M |
| 2 |
GIM
Guild Investment Management
Los Angeles,
California
|
+$853K |
| 3 |
KAM
Keeley Asset Management
Chicago,
Illinois
|
+$775K |
| 4 |
Goldman Sachs
New York
|
+$256K |
| 5 |
U
UBS
Zurich,
Switzerland
|
+$115K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$2.71M |
| 2 |
Barclays
London,
United Kingdom
|
-$1.45M |
| 3 |
Morgan Stanley
New York
|
-$1.42M |
| 4 |
VF
Virtu Financial
New York
|
-$1.23M |
| 5 |
VKH
Virtu KCG Holdings
New York
|
-$304K |
TECL Hedge Fund Activity: Q4 2013 in Review
18 of the 3,459 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q4 2013, worth a combined $31.3M — up 21% from $26M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new TECL positions and 5 closed out — a net gain of 1 holder — while 2 added to existing stakes and 5 trimmed.
The largest buyer was Chas P. Smith & Associates (CPS), adding an estimated $1.47M. The largest seller was Susquehanna International Group, cutting an estimated $2.71M.
- 18 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q4 2013, up from 17 in Q3 2013.
- Funds reported $31.3M of Direxion Daily Technology Bull 3x ETF stock for Q4 2013, up 21% quarter-over-quarter.
- 6 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q4 2013 and 5 closed out, a net change of +1 holder.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q4 2013 was Chas P. Smith & Associates (CPS), an estimated $1.47M added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q4 2013 was Susquehanna International Group, an estimated $2.71M sold.
Based on aggregated 13F filings for Q4 2013.