Direxion Daily Technology Bull 3x ETF
TECL
36 hedge funds and large institutions have $31.9M invested in Direxion Daily Technology Bull 3x ETF in 2018 Q3 according to their latest regulatory filings, with 11 funds opening new positions, 12 increasing their positions, 7 reducing their positions, and 3 closing their positions.
267% more first-time investments, than exits
New positions opened: 11 | Existing positions closed: 3
84% more capital invested
Capital invested by funds: $17.4M → $31.9M (+$14.6M)
71% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 7
29% more funds holding
Funds holding: 28 → 36 (+8)
13.15% more ownership
Funds ownership: 27.06% → 40.21% (+13%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
35% less call options, than puts
Call options by funds: $48.9M | Put options by funds: $75.8M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
VF
Virtu Financial
New York
|
+$2.91M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
+$2.88M |
| 3 |
TRCT
Tower Research Capital (TRC)
New York
|
+$2.28M |
| 4 |
TSS
Two Sigma Securities
New York
|
+$515K |
| 5 |
Citadel Advisors
Miami,
Florida
|
+$502K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$677K |
| 2 |
VEA
Virtus ETF Advisers
New York
|
-$526K |
| 3 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
-$175K |
| 4 |
Jane Street
New York
|
-$113K |
| 5 |
Commonwealth Equity Services
Waltham,
Massachusetts
|
-$109K |
TECL Hedge Fund Activity: Q3 2018 in Review
36 of the 4,374 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q3 2018, worth a combined $31.9M — up 84% from $17.4M a quarter earlier.
Buyers outnumbered sellers: 11 funds opened new TECL positions and 3 closed out — a net gain of 8 holders — while 12 added to existing stakes and 7 trimmed.
The largest buyer was Virtu Financial, adding an estimated $2.91M. The largest seller was Morgan Stanley, cutting an estimated $677K.
- 36 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q3 2018, up from 28 in Q2 2018.
- Funds reported $31.9M of Direxion Daily Technology Bull 3x ETF stock for Q3 2018, up 84% quarter-over-quarter.
- 11 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q3 2018 and 3 closed out, a net change of +8 holders.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q3 2018 was Virtu Financial, an estimated $2.91M added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q3 2018 was Morgan Stanley, an estimated $677K sold.
Based on aggregated 13F filings for Q3 2018.