Direxion Daily Technology Bull 3x ETF
TECL
29 hedge funds and large institutions have $24.7M invested in Direxion Daily Technology Bull 3x ETF in 2019 Q2 according to their latest regulatory filings, with 4 funds opening new positions, 8 increasing their positions, 4 reducing their positions, and 11 closing their positions.
100% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 4
26% more capital invested
Capital invested by funds: $19.7M → $24.7M (+$5.05M)
4.72% more ownership
Funds ownership: 28.66% → 33.38% (+4.7%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
19% less call options, than puts
Call options by funds: $62.9M | Put options by funds: $77.9M
22% less funds holding
Funds holding: 37 → 29 (-8)
64% less first-time investments, than exits
New positions opened: 4 | Existing positions closed: 11
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Jane Street
New York
|
+$3.24M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$2.55M |
| 3 |
SWA
Stratos Wealth Advisors
Beachwood,
Ohio
|
+$496K |
| 4 |
Morgan Stanley
New York
|
+$336K |
| 5 |
Barclays
London,
United Kingdom
|
+$328K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Simplex Trading
Chicago,
Illinois
|
-$2.16M |
| 2 |
Susquehanna International Group
Bala Cynwyd,
Pennsylvania
|
-$1.11M |
| 3 |
CG
Cutler Group
San Francisco,
California
|
-$459K |
| 4 |
ACM
Avalon Capital Management
Port Of Redwood City,
California
|
-$366K |
| 5 |
TSS
Two Sigma Securities
New York
|
-$350K |
TECL Hedge Fund Activity: Q2 2019 in Review
29 of the 4,605 institutional investors tracked by Wall St. Rank reported a position in Direxion Daily Technology Bull 3x ETF (TECL) for Q2 2019, worth a combined $24.7M — up 26% from $19.7M a quarter earlier.
Sellers outnumbered buyers: 11 funds closed out of TECL and 4 opened new positions — a net loss of 7 holders — while 4 trimmed existing stakes and 8 added.
The largest buyer was Jane Street, opening a new position worth an estimated $3.24M. The largest seller was Simplex Trading, exiting entirely with an estimated $2.16M sold.
- 29 institutional investors held Direxion Daily Technology Bull 3x ETF (TECL) as of Q2 2019, down from 37 in Q1 2019.
- Funds reported $24.7M of Direxion Daily Technology Bull 3x ETF stock for Q2 2019, up 26% quarter-over-quarter.
- 4 funds opened new Direxion Daily Technology Bull 3x ETF positions in Q2 2019 and 11 closed out, a net change of -7 holders.
- The largest Direxion Daily Technology Bull 3x ETF buyer in Q2 2019 was Jane Street, an estimated $3.24M added.
- The largest Direxion Daily Technology Bull 3x ETF seller in Q2 2019 was Simplex Trading, an estimated $2.16M sold.
Based on aggregated 13F filings for Q2 2019.