Direxion Daily Technology Bull 3x ETF
TECL
17 hedge funds and large institutions have $9.17M invested in Direxion Daily Technology Bull 3x ETF in 2015 Q1 according to their latest regulatory filings, with 3 funds opening new positions, 1 increasing their positions, 5 reducing their positions, and 9 closing their positions.
26% more call options, than puts
Call options by funds: $115M | Put options by funds: $91.8M
26% less funds holding
Funds holding: 23 → 17 (-6)
62% less capital invested
Capital invested by funds: $24.1M → $9.17M (-$14.9M)
67% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 9
80% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 5
374.03% less ownership
Funds ownership: 618.31% → 244.28% (-374%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BNP Paribas Financial Markets
Paris,
France
|
+$636K |
| 2 |
Morgan Stanley
New York
|
+$354K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
+$84.7K |
| 4 |
PFG
Piershale Financial Group
Barrington,
Illinois
|
+$3.53K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
-$4.04M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$3.16M |
| 3 |
AP
Advisors Preferred
Rockville,
Maryland
|
-$3.11M |
| 4 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$2.68M |
| 5 |
Jane Street
New York
|
-$891K |
TECL Hedge Fund Activity: Q1 2015 in Review
17 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q1 2015, worth a combined $9.17M — down 62% from $24.1M a quarter earlier.
Sellers outnumbered buyers: 9 funds closed out of TECL and 3 opened new positions — a net loss of 6 holders — while 5 trimmed existing stakes and 1 added.
The largest buyer was BNP Paribas Financial Markets, opening a new position worth an estimated $636K. The largest seller was Virtu Financial, exiting entirely with an estimated $4.04M sold.
- 17 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q1 2015, down from 23 in Q4 2014.
- Funds reported $9.17M of Direxion Daily Technology Bull 3x ETF stock for Q1 2015, down 62% quarter-over-quarter.
- 3 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q1 2015 and 9 closed out, a net change of -6 holders.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q1 2015 was BNP Paribas Financial Markets, an estimated $636K added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q1 2015 was Virtu Financial, an estimated $4.04M sold.
Based on aggregated 13F filings for Q1 2015.