Direxion Daily Technology Bull 3x ETF
TECL
22 hedge funds and large institutions have $17.5M invested in Direxion Daily Technology Bull 3x ETF in 2014 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 3 increasing their positions, 6 reducing their positions, and 0 closing their positions.
136.61% more ownership
Funds ownership: 513.49% → 650.1% (+137%)
57% more funds holding
Funds holding: 14 → 22 (+8)
32% more capital invested
Capital invested by funds: $13.2M → $17.5M (+$4.29M)
11% less call options, than puts
Call options by funds: $93.8M | Put options by funds: $106M
50% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BHA
Beech Hill Advisors
New York
|
+$742K |
| 2 |
Franklin Resources
San Mateo,
California
|
+$502K |
| 3 |
CPSAC
Chas P. Smith & Associates (CPS)
Lakeland,
Florida
|
+$461K |
| 4 |
Jane Street
New York
|
+$436K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$421K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$573K |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$569K |
| 3 |
VF
Virtu Financial
New York
|
-$229K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
-$114K |
| 5 |
BFG
Bouchey Financial Group
Troy,
New York
|
-$40.1K |
TECL Hedge Fund Activity: Q2 2014 in Review
22 of the 3,479 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q2 2014, worth a combined $17.5M — up 32% from $13.2M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new TECL positions and 0 closed out — a net gain of 8 holders — while 3 added to existing stakes and 6 trimmed.
The largest buyer was Beech Hill Advisors, opening a new position worth an estimated $742K. The largest seller was Morgan Stanley, cutting an estimated $573K.
- 22 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q2 2014, up from 14 in Q1 2014.
- Funds reported $17.5M of Direxion Daily Technology Bull 3x ETF stock for Q2 2014, up 32% quarter-over-quarter.
- 8 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q2 2014 and 0 closed out, a net change of +8 holders.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q2 2014 was Beech Hill Advisors, an estimated $742K added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q2 2014 was Morgan Stanley, an estimated $573K sold.
Based on aggregated 13F filings for Q2 2014.