Direxion Daily Technology Bull 3x ETF
TECL
22 hedge funds and large institutions have $6.82M invested in Direxion Daily Technology Bull 3x ETF in 2016 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 2 increasing their positions, 7 reducing their positions, and 4 closing their positions.
75% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 4
35% more capital invested
Capital invested by funds: $5.05M → $6.82M (+$1.77M)
16% more funds holding
Funds holding: 19 → 22 (+3)
13% more call options, than puts
Call options by funds: $19.6M | Put options by funds: $17.4M
8.14% more ownership
Funds ownership: 33.37% → 41.5% (+8.1%)
71% less repeat investments, than reductions
Existing positions increased: 2 | Existing positions reduced: 7
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPSAC
Chas P. Smith & Associates (CPS)
Lakeland,
Florida
|
+$1.34M |
| 2 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$492K |
| 3 |
VF
Virtu Financial
New York
|
+$408K |
| 4 |
Jane Street
New York
|
+$372K |
| 5 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$299K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Creative Planning
Overland Park,
Kansas
|
-$804K |
| 2 |
Morgan Stanley
New York
|
-$328K |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$314K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$301K |
| 5 |
ZIM
Zacks Investment Management
Chicago,
Illinois
|
-$262K |
TECL Hedge Fund Activity: Q3 2016 in Review
22 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q3 2016, worth a combined $6.82M — up 35% from $5.05M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new TECL positions and 4 closed out — a net gain of 3 holders — while 2 added to existing stakes and 7 trimmed.
The largest buyer was Chas P. Smith & Associates (CPS), opening a new position worth an estimated $1.34M. The largest seller was Creative Planning, cutting an estimated $804K.
- 22 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q3 2016, up from 19 in Q2 2016.
- Funds reported $6.82M of Direxion Daily Technology Bull 3x ETF stock for Q3 2016, up 35% quarter-over-quarter.
- 7 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q3 2016 and 4 closed out, a net change of +3 holders.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q3 2016 was Chas P. Smith & Associates (CPS), an estimated $1.34M added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q3 2016 was Creative Planning, an estimated $804K sold.
Based on aggregated 13F filings for Q3 2016.