Direxion Daily Technology Bull 3x ETF
TECL
19 hedge funds and large institutions have $5.05M invested in Direxion Daily Technology Bull 3x ETF in 2016 Q2 according to their latest regulatory filings, with 2 funds opening new positions, 3 increasing their positions, 7 reducing their positions, and 4 closing their positions.
10% more call options, than puts
Call options by funds: $87.9M | Put options by funds: $80.2M
10% less funds holding
Funds holding: 21 → 19 (-2)
11.89% less ownership
Funds ownership: 45.25% → 33.37% (-12%)
41% less capital invested
Capital invested by funds: $8.55M → $5.05M (-$3.5M)
50% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 4
57% less repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
+$263K |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$120K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$103K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$26.9K |
| 5 |
CG
Cutler Group
San Francisco,
California
|
+$17.4K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.31M |
| 2 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
-$462K |
| 3 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$407K |
| 4 |
Jane Street
New York
|
-$394K |
| 5 |
LPL Financial
San Diego,
California
|
-$247K |
TECL Hedge Fund Activity: Q2 2016 in Review
19 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q2 2016, worth a combined $5.05M — down 41% from $8.55M a quarter earlier.
Sellers outnumbered buyers: 4 funds closed out of TECL and 2 opened new positions — a net loss of 2 holders — while 7 trimmed existing stakes and 3 added.
The largest buyer was Zacks Investment Management, opening a new position worth an estimated $263K. The largest seller was Susquehanna International Group, cutting an estimated $1.31M.
- 19 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q2 2016, down from 21 in Q1 2016.
- Funds reported $5.05M of Direxion Daily Technology Bull 3x ETF stock for Q2 2016, down 41% quarter-over-quarter.
- 2 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q2 2016 and 4 closed out, a net change of -2 holders.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q2 2016 was Zacks Investment Management, an estimated $263K added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q2 2016 was Susquehanna International Group, an estimated $1.31M sold.
Based on aggregated 13F filings for Q2 2016.