Direxion Daily Technology Bull 3x ETF
TECL
18 hedge funds and large institutions have $6.67M invested in Direxion Daily Technology Bull 3x ETF in 2016 Q4 according to their latest regulatory filings, with 2 funds opening new positions, 5 increasing their positions, 6 reducing their positions, and 5 closing their positions.
57% more call options, than puts
Call options by funds: $23.8M | Put options by funds: $15.2M
2% less capital invested
Capital invested by funds: $6.82M → $6.67M (-$148K)
5.42% less ownership
Funds ownership: 41.5% → 36.08% (-5.4%)
17% less repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 6
18% less funds holding
Funds holding: 22 → 18 (-4)
60% less first-time investments, than exits
New positions opened: 2 | Existing positions closed: 5
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$1.85M |
| 2 |
Creative Planning
Overland Park,
Kansas
|
+$337K |
| 3 |
Jane Street
New York
|
+$121K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$103K |
| 5 |
VF
Virtu Financial
New York
|
+$46.7K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CPSAC
Chas P. Smith & Associates (CPS)
Lakeland,
Florida
|
-$1.03M |
| 2 |
TRCT
Tower Research Capital (TRC)
New York
|
-$543K |
| 3 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$325K |
| 4 |
Simplex Trading
Chicago,
Illinois
|
-$304K |
| 5 |
Barclays
London,
United Kingdom
|
-$219K |
TECL Hedge Fund Activity: Q4 2016 in Review
18 of the 4,000 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q4 2016, worth a combined $6.67M — down 2.2% from $6.82M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of TECL and 2 opened new positions — a net loss of 3 holders — while 6 trimmed existing stakes and 5 added.
The largest buyer was Susquehanna International Group, adding an estimated $1.85M. The largest seller was Chas P. Smith & Associates (CPS), exiting entirely with an estimated $1.03M sold.
- 18 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q4 2016, down from 22 in Q3 2016.
- Funds reported $6.67M of Direxion Daily Technology Bull 3x ETF stock for Q4 2016, down 2.2% quarter-over-quarter.
- 2 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q4 2016 and 5 closed out, a net change of -3 holders.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q4 2016 was Susquehanna International Group, an estimated $1.85M added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q4 2016 was Chas P. Smith & Associates (CPS), an estimated $1.03M sold.
Based on aggregated 13F filings for Q4 2016.