Direxion Daily Technology Bull 3x ETF
TECL
37 hedge funds and large institutions have $19.7M invested in Direxion Daily Technology Bull 3x ETF in 2019 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 6 increasing their positions, 8 reducing their positions, and 5 closing their positions.
180% more first-time investments, than exits
New positions opened: 14 | Existing positions closed: 5
71% more capital invested
Capital invested by funds: $11.5M → $19.7M (+$8.17M)
32% more funds holding
Funds holding: 28 → 37 (+9)
3.63% more ownership
Funds ownership: 25.03% → 28.66% (+3.6%)
25% less repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 8
50% less call options, than puts
Call options by funds: $38.5M | Put options by funds: $77M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Simplex Trading
Chicago,
Illinois
|
+$1.61M |
| 2 |
Morgan Stanley
New York
|
+$529K |
| 3 |
TCM
Traynor Capital Management
Malvern,
Pennsylvania
|
+$464K |
| 4 |
TRCT
Tower Research Capital (TRC)
New York
|
+$409K |
| 5 |
CG
Cutler Group
San Francisco,
California
|
+$343K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Citadel Advisors
Miami,
Florida
|
-$1.59M |
| 2 |
Jane Street
New York
|
-$965K |
| 3 |
TSS
Two Sigma Securities
New York
|
-$737K |
| 4 |
MCM
Mainstay Capital Management
Grand Blanc,
Michigan
|
-$388K |
| 5 |
SG Americas Securities
New York
|
-$145K |
TECL Hedge Fund Activity: Q1 2019 in Review
37 of the 4,620 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q1 2019, worth a combined $19.7M — up 71% from $11.5M a quarter earlier.
Buyers outnumbered sellers: 14 funds opened new TECL positions and 5 closed out — a net gain of 9 holders — while 6 added to existing stakes and 8 trimmed.
The largest buyer was Simplex Trading, opening a new position worth an estimated $1.61M. The largest seller was Citadel Advisors, cutting an estimated $1.59M.
- 37 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q1 2019, up from 28 in Q4 2018.
- Funds reported $19.7M of Direxion Daily Technology Bull 3x ETF stock for Q1 2019, up 71% quarter-over-quarter.
- 14 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q1 2019 and 5 closed out, a net change of +9 holders.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q1 2019 was Simplex Trading, an estimated $1.61M added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q1 2019 was Citadel Advisors, an estimated $1.59M sold.
Based on aggregated 13F filings for Q1 2019.