Direxion Daily Technology Bull 3x ETF
TECL
21 hedge funds and large institutions have $6.64M invested in Direxion Daily Technology Bull 3x ETF in 2017 Q3 according to their latest regulatory filings, with 7 funds opening new positions, 1 increasing their positions, 6 reducing their positions, and 5 closing their positions.
40% more first-time investments, than exits
New positions opened: 7 | Existing positions closed: 5
11% more funds holding
Funds holding: 19 → 21 (+2)
16.01% less ownership
Funds ownership: 31.79% → 15.78% (-16%)
23% less capital invested
Capital invested by funds: $8.57M → $6.64M (-$1.93M)
63% less call options, than puts
Call options by funds: $5.5M | Put options by funds: $14.9M
83% less repeat investments, than reductions
Existing positions increased: 1 | Existing positions reduced: 6
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
WAM
Wealthspire Advisors (Maryland)
Potomac,
Maryland
|
+$1.07M |
| 2 |
SG Americas Securities
New York
|
+$678K |
| 3 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$373K |
| 4 |
AFP
Ausdal Financial Partners
Davenport,
Iowa
|
+$214K |
| 5 |
OC
Oppenheimer & Co
New York
|
+$200K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
-$3.42M |
| 2 |
USGIU
U.S. Global Investors (USGI)
San Antonio,
Texas
|
-$740K |
| 3 |
Creative Planning
Overland Park,
Kansas
|
-$647K |
| 4 |
Citadel Advisors
Miami,
Florida
|
-$603K |
| 5 |
VF
Virtu Financial
New York
|
-$355K |
TECL Hedge Fund Activity: Q3 2017 in Review
21 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q3 2017, worth a combined $6.64M — down 23% from $8.57M a quarter earlier.
Buyers outnumbered sellers: 7 funds opened new TECL positions and 5 closed out — a net gain of 2 holders — while 1 added to existing stakes and 6 trimmed.
The largest buyer was Wealthspire Advisors (Maryland), opening a new position worth an estimated $1.07M. The largest seller was Jane Street, exiting entirely with an estimated $3.42M sold.
- 21 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q3 2017, up from 19 in Q2 2017.
- Funds reported $6.64M of Direxion Daily Technology Bull 3x ETF stock for Q3 2017, down 23% quarter-over-quarter.
- 7 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q3 2017 and 5 closed out, a net change of +2 holders.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q3 2017 was Wealthspire Advisors (Maryland), an estimated $1.07M added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q3 2017 was Jane Street, an estimated $3.42M sold.
Based on aggregated 13F filings for Q3 2017.