Direxion Daily Technology Bull 3x ETF
TECL
18 hedge funds and large institutions have $3.97M invested in Direxion Daily Technology Bull 3x ETF in 2015 Q3 according to their latest regulatory filings, with 3 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 8 closing their positions.
9% more call options, than puts
Call options by funds: $93.1M | Put options by funds: $85.1M
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
22% less funds holding
Funds holding: 23 → 18 (-5)
29.26% less ownership
Funds ownership: 54.85% → 25.6% (-29%)
57% less capital invested
Capital invested by funds: $9.29M → $3.97M (-$5.31M)
63% less first-time investments, than exits
New positions opened: 3 | Existing positions closed: 8
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$940K |
| 2 |
BHA
Beech Hill Advisors
New York
|
+$424K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$378K |
| 4 |
Citadel Advisors
Miami,
Florida
|
+$238K |
| 5 |
Walleye Trading
New York
|
+$51.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$3.72M |
| 2 |
CPSAC
Chas P. Smith & Associates (CPS)
Lakeland,
Florida
|
-$1.03M |
| 3 |
BPCE
Bank Pictet & Cie (Europe)
Frankfurt Am Main,
Germany
|
-$400K |
| 4 |
BPC
Banque Pictet & Cie
Geneva 73,
Switzerland
|
-$303K |
| 5 |
Morgan Stanley
New York
|
-$294K |
TECL Hedge Fund Activity: Q3 2015 in Review
18 of the 3,590 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q3 2015, worth a combined $3.97M — down 57% from $9.29M a quarter earlier.
Sellers outnumbered buyers: 8 funds closed out of TECL and 3 opened new positions — a net loss of 5 holders — while 3 trimmed existing stakes and 3 added.
The largest buyer was Jane Street, opening a new position worth an estimated $940K. The largest seller was Credit Suisse, exiting entirely with an estimated $3.72M sold.
- 18 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q3 2015, down from 23 in Q2 2015.
- Funds reported $3.97M of Direxion Daily Technology Bull 3x ETF stock for Q3 2015, down 57% quarter-over-quarter.
- 3 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q3 2015 and 8 closed out, a net change of -5 holders.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q3 2015 was Jane Street, an estimated $940K added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q3 2015 was Credit Suisse, an estimated $3.72M sold.
Based on aggregated 13F filings for Q3 2015.