Direxion Daily Technology Bull 3x ETF
TECL
20 hedge funds and large institutions have $13.1M invested in Direxion Daily Technology Bull 3x ETF in 2017 Q1 according to their latest regulatory filings, with 7 funds opening new positions, 5 increasing their positions, 1 reducing their positions, and 5 closing their positions.
400% more repeat investments, than reductions
Existing positions increased: 5 | Existing positions reduced: 1
96% more capital invested
Capital invested by funds: $6.67M → $13.1M (+$6.4M)
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
23% more call options, than puts
Call options by funds: $6.94M | Put options by funds: $5.63M
14.97% more ownership
Funds ownership: 36.08% → 51.05% (+15%)
11% more funds holding
Funds holding: 18 → 20 (+2)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.28M |
| 2 |
TH
Timber Hill
Greenwich,
Connecticut
|
+$1.03M |
| 3 |
MML Investors Services
Springfield,
Massachusetts
|
+$441K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$263K |
| 5 |
OC
Oppenheimer & Co
New York
|
+$218K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$656K |
| 2 |
VF
Virtu Financial
New York
|
-$299K |
| 3 |
LPL Financial
San Diego,
California
|
-$273K |
| 4 |
UBS Group
Zurich,
Switzerland
|
-$106K |
| 5 |
Bank of America
Charlotte,
North Carolina
|
-$11K |
TECL Hedge Fund Activity: Q1 2017 in Review
20 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q1 2017, worth a combined $13.1M — up 96% from $6.67M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new TECL positions and 5 closed out — a net gain of 2 holders — while 5 added to existing stakes and 1 trimmed.
The largest buyer was Susquehanna International Group, adding an estimated $2.28M. The largest seller was Jane Street, exiting entirely with an estimated $656K sold.
- 20 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q1 2017, up from 18 in Q4 2016.
- Funds reported $13.1M of Direxion Daily Technology Bull 3x ETF stock for Q1 2017, up 96% quarter-over-quarter.
- 7 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q1 2017 and 5 closed out, a net change of +2 holders.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q1 2017 was Susquehanna International Group, an estimated $2.28M added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q1 2017 was Jane Street, an estimated $656K sold.
Based on aggregated 13F filings for Q1 2017.