Direxion Daily Technology Bull 3x ETF
TECL
23 hedge funds and large institutions have $9.29M invested in Direxion Daily Technology Bull 3x ETF in 2015 Q2 according to their latest regulatory filings, with 8 funds opening new positions, 3 increasing their positions, 12 reducing their positions, and 2 closing their positions.
300% more first-time investments, than exits
New positions opened: 8 | Existing positions closed: 2
35% more funds holding
Funds holding: 17 → 23 (+6)
1% more capital invested
Capital invested by funds: $9.17M → $9.29M (+$115K)
10% less call options, than puts
Call options by funds: $109M | Put options by funds: $120M
75% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 12
189.43% less ownership
Funds ownership: 244.28% → 54.85% (-189%)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Creative Planning
Overland Park,
Kansas
|
+$652K |
| 2 |
Millennium Management
New York
|
+$272K |
| 3 |
Barclays
London,
United Kingdom
|
+$126K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$106K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$43.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$907K |
| 2 |
Franklin Resources
San Mateo,
California
|
-$695K |
| 3 |
Morgan Stanley
New York
|
-$468K |
| 4 |
BFG
Bouchey Financial Group
Troy,
New York
|
-$255K |
| 5 |
CPSAC
Chas P. Smith & Associates (CPS)
Lakeland,
Florida
|
-$226K |
TECL Hedge Fund Activity: Q2 2015 in Review
23 of the 3,730 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q2 2015, worth a combined $9.29M — up 1.2% from $9.17M a quarter earlier.
Buyers outnumbered sellers: 8 funds opened new TECL positions and 2 closed out — a net gain of 6 holders — while 3 added to existing stakes and 12 trimmed.
The largest buyer was Creative Planning, adding an estimated $652K. The largest seller was Credit Suisse, cutting an estimated $907K.
- 23 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q2 2015, up from 17 in Q1 2015.
- Funds reported $9.29M of Direxion Daily Technology Bull 3x ETF stock for Q2 2015, up 1.2% quarter-over-quarter.
- 8 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q2 2015 and 2 closed out, a net change of +6 holders.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q2 2015 was Creative Planning, an estimated $652K added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q2 2015 was Credit Suisse, an estimated $907K sold.
Based on aggregated 13F filings for Q2 2015.