Direxion Daily Technology Bull 3x ETF
TECL
19 hedge funds and large institutions have $8.57M invested in Direxion Daily Technology Bull 3x ETF in 2017 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 3 increasing their positions, 3 reducing their positions, and 5 closing their positions.
0% more repeat investments, than reductions
Existing positions increased: 3 | Existing positions reduced: 3
5% less funds holding
Funds holding: 20 → 19 (-1)
19.26% less ownership
Funds ownership: 51.05% → 31.79% (-19%)
20% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 5
34% less capital invested
Capital invested by funds: $13.1M → $8.57M (-$4.5M)
48% less call options, than puts
Call options by funds: $4.35M | Put options by funds: $8.4M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$3.01M |
| 2 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
+$755K |
| 3 |
Citadel Advisors
Miami,
Florida
|
+$657K |
| 4 |
VF
Virtu Financial
New York
|
+$158K |
| 5 |
Barclays
London,
United Kingdom
|
+$73.3K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$6.26M |
| 2 |
TH
Timber Hill
Greenwich,
Connecticut
|
-$1.82M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
-$684K |
| 4 |
MML Investors Services
Springfield,
Massachusetts
|
-$569K |
| 5 |
OC
Oppenheimer & Co
New York
|
-$241K |
TECL Hedge Fund Activity: Q2 2017 in Review
19 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q2 2017, worth a combined $8.57M — down 34% from $13.1M a quarter earlier.
Sellers outnumbered buyers: 5 funds closed out of TECL and 4 opened new positions — a net loss of 1 holder — while 3 trimmed existing stakes and 3 added.
The largest buyer was Jane Street, opening a new position worth an estimated $3.01M. The largest seller was Susquehanna International Group, cutting an estimated $6.26M.
- 19 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q2 2017, down from 20 in Q1 2017.
- Funds reported $8.57M of Direxion Daily Technology Bull 3x ETF stock for Q2 2017, down 34% quarter-over-quarter.
- 4 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q2 2017 and 5 closed out, a net change of -1 holder.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q2 2017 was Jane Street, an estimated $3.01M added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q2 2017 was Susquehanna International Group, an estimated $6.26M sold.
Based on aggregated 13F filings for Q2 2017.